Paddock buys Oaklee's Guide
Paddock Publications Inc. has purchased Buffalo Grove-based Oaklee's Guide LLC with plans to launch a quarterly print magazine this spring to accompany Oaklee's suburban family-events website.
Oaklee's will become one of a growing number of Daily Herald Media Group products operated by Arlington Heights-based Paddock Publications, which also publishes the Daily Herald.
Terms of the deal were not disclosed. The acquisition closed on Monday.
Oaklee's publishes a website that focuses on family events in the Chicago suburbs. It began as a pocket-size print magazine called Oaklee's Family Guide in 1999. Last year, it converted into an e-edition, website, social media product and electronic newsletter.
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