Swift Communications of Reno, Nevada has purchased 51% of 1stHour Communications, LLC, Golden, Colorado from Scott Keller, founder, according to John Cribb, of Cribb, Greene & Associates, who represented 1stHour in the sale.
1stHour Communications (www.1st-hour.com) is a marketing solutions company specializing in the publication of School District newsletters on a national basis through a School District/1stHour partnership. 1stHour has partnerships with school districts in Tennessee, Georgia, Colorado, Minnesota, California, Ohio, New Mexico, Florida and Missouri. New districts pending are in Maryland, North Dakota, Delaware, Nebraska, Texas, Oregon, Kansas, Massachusetts, Washington and Indiana. Some national advertisers in 1stHour publications include AOL, Pizza Hut, Pep Boys, Comcast Cable, Blockbuster Online, Sylvan Learning Centers and DirecTV.
Scott Keller, founder of 1stHour, has kept ownership along with several partners and investors and will continue to manage the growth of the company. Keller said, “Two critical needs of public education are parent engagement and managing the financial crisis that exists. 1stHour Communications brings a program and a solution that addresses both of these crucial issues. Our team has committed to be the clear Leader in Parent Communications for Education. Bringing a partner on like Swift Newspapers, Inc. allows us to accelerate our ability in bringing private resources to public education.”
Arne Hoel, President and CEO of Swift Communications said, “1stHour is a terrific concept and will be a tremendous benefit to school districts throughout the nation. The communication with parents and students will be improved and the school districts will not only save money, they will have a new revenue source to boot. Scott Keller is a talented individual who gets things done and he has surrounded himself with an excellent team. Swift looks forward to a long-term partnership filled with fast growth, new opportunities and fun.”
Cribb, Greene & Associates is an eighty-three year old newspaper brokerage firm with offices in Bozeman, Montana and Charlottesville, Virginia.