SoftLayer Media in Talks to Acquire Tacoma Encounter, a Prominent Web Newspaper in Tacoma, Washington

PRESS RELEASE
Published March 23, 2024
SoftLayer Media's Potential Acquisition of Tacoma Encounter Signals Strategic Growth in Digital Media Landscape

Mar. 23, 2024 / PRZen / TACOMA, Wash. -- SoftLayer Media, a leading publishing company known for its innovative digital media solutions, is currently in discussions to acquire Tacoma Encounter (https://tacomaencounter.org), a well-established web newspaper based in Tacoma, Washington. This potential acquisition marks a significant milestone in SoftLayer Media's strategic expansion efforts in the digital media landscape.

Tacoma Encounter, originally founded as a young adults ministry of City Central Church and later transformed into a dynamic news website by entrepreneur Grady Mundorf, has quickly gained prominence for its comprehensive coverage of local news, events, and community issues in the Tacoma area. Under Mundorf's leadership, Tacoma Encounter has distinguished itself as a go-to source for residents seeking reliable and insightful reporting.

Grady Mundorf, the visionary behind Tacoma Encounter, is known for his passion for digital media and commitment to delivering engaging content to readers. Describing himself as a "lifelong bacon junkie, internet fanatic, hipster-friendly travel aficionado, Twitter lover, avid food buff, and incurable travel trailblazer," Mundorf has steered Tacoma Encounter to success with his innovative approach and deep understanding of audience preferences.

The increasing popularity and impact of Tacoma Encounter have not gone unnoticed by industry leaders, including SoftLayer Media. Recognizing the valuable contributions of Tacoma Encounter to the local media landscape, SoftLayer Media has initiated discussions to acquire the news website, with the aim of further enhancing its reach, resources, and capabilities.

"We are excited about the prospect of acquiring Tacoma Encounter and working collaboratively with Grady Mundorf and his team," said Carl Riedel, CEO at SoftLayer Media. "This potential acquisition aligns with our strategic vision of investing in high-quality digital media platforms that deliver value to audiences and advertisers alike. Tacoma Encounter has demonstrated a strong commitment to journalistic excellence, community engagement, and innovation, and we believe that together, we can amplify its impact and create even more compelling content experiences."

SoftLayer Media's interest in acquiring Tacoma Encounter underscores its commitment to supporting and empowering independent media ventures that contribute positively to the communities they serve. The potential acquisition represents a strategic opportunity for both parties to leverage their strengths, expertise, and resources for mutual growth and success.

As discussions progress, SoftLayer Media remains committed to transparency, integrity, and collaboration throughout the acquisition process. Updates and developments regarding the potential acquisition of Tacoma Encounter will be shared with stakeholders and the public in accordance with industry guidelines and best practices.

Follow the full story here: https://przen.com/pr/33540930

Source: SoftLayer Media

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