Connection Publishing

Connection Publishing

A magazine company connecting the community

Print
Security Type
Membership Units
Categories
Media
Min Investment
$100
Location
North Ogden, UT
Offering Date
May 16, 2019
Expected Close Date
March 31, 2020
Target Raise
$10.00K-$107.00K
Deal Notes

Price per Unit: $1.00

Valuation
$2,400,000

Company Description

Connection Publishing is a community magazine company that partners with cities to replace the traditional city newsletter with a full-featured, full-color news magazine. We partner with the city to become their official magazine where we carry their official city news and add fun and engaging human interest stories from the local community. We highlight outstanding students, local hiking trails, recipes, restaurant and business spotlights, and local history in each month’s magazines. This provides a hyper-local magazine for the communities we serve while also providing a source for local businesses to advertise their products and services.

Key Deal Facts

Profitable in past two fiscal years
Revenue grew 57% in 2018
Creating connection in our communities
Replaced traditional city newsletter with a full-featured, full-color news magazine

Management Team / Advisory Board Bios

Melissa Spelts - Owner
Melissa is the creative mind behind our content and social media accounts. She loves history and photography. She has been featured on about 90% of our covers and is one of our main writers. She writes our history stories and recipes and also manages our social media pages.
In addition, Melissa is also the city liaison and oversees gathering community information. She also works the schools as we honor students of the month.

Ryan Spelts - CEO
Ryan Spelts is a 20-year sales and management veteran. He is also a writer, a big picture thinker, and a self-taught graphic designer. Ryan also handles the finances and hiring and training staff.
Ryan has a unique ability to drive sales and build relationships having run sales forces and small companies leading them to growth and expansion. He was responsible for a recurring 3.5 million in annual sales at his last company and managed a 4% budget for the organization and a sales team of six region managers and about 50 sales people. As of September 2017, Ryan started working full-time for Connection Publishing.

Deal Notes

Price per Unit: $1.00

Amount Raised : $0
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Valuation

Security Description

Membership Units represent ownership rights in a Limited Liability Company, indicated by the right to receive cash or unit distributions, declared by the Manager(s) of the LLC, and having voting rights in the governance of the Company.

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