 Macquarie purchased ACM from a group of companies including Halyard Capital, Arena Capital Partners, multiple private equity funds in New York and one in Boston (BancBoston Ventures).Later that year, ACM acquired 11 publications in Ohio from Brown Publishing Company, 22 publications in Maryland from Chesapeake Publishing, and 19 publications of Superior Publishing in northern Minnesota, Wisconsin and Michigan from MCG Capital.At its largest, ACM published about 100 daily and weekly newspapers.