Crain Communications has acquired Grand Rapids Business Journal in Michigan for an undisclosed amount.
The acquisition is effective today, Aug. 31.
Crain acquired Grand Rapids Business Journal, which launched in 1983, from Gemini Media LLC. The publication already has four city business newspapers — Crain’s Detroit, Chicago, New York and Cleveland Business.
“The expansion of coverage into the Grand Rapids area is a natural path of growth for us,” said KC Crain, president and CEO of Crain Communications, in a statement. “Grand Rapids sits between two of our biggest areas of regional business coverage — Detroit and Chicago — and it’s proven to be an area our readers are involved in and want to see more coverage on.”
The Grand Rapids publication will continue to operate as a separate media outlet. The team of 10 reporters and advertising sales executives will continue with GRBJ.