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Hispanic Yellow Pages Network Announces Chicago Acquisition
Boston (April 30, 2004) - Hispanic Yellow Pages Network LLC, led by
yellow page industry veterans Patrice Listfield and Luis Bermudez, has
closed on its acquisition of the leading independent Hispanic yellow
pages directory business in Chicago, IL.
As previously announced,
HYP Network also recently completed its acquisitions of the leading
independent Hispanic yellow pages directory businesses in Dallas and
Houston, TX and Orlando and Tampa, FL.
HYP Network is an
investment venture formed by ABRY Partners, Listfield and Bermudez in
order to become the leading independent provider of yellow page
directories targeted to Hispanic communities throughout the United
States. The Company intends to expand its operations to other leading
Hispanic markets.
ABRY Partners, based in Boston, is one of the
oldest and largest private equity funds in North America investing
exclusively in media and communications companies. ABRY has over$2.0
billion of capital under management and since 1989 has completed over
$7.0 billion of leveraged transactions in the media and communications
industries.