Directories Publisher Adds On

Local Insight Media LLC, a provider of print directories and Internet-based local search services in Alaska and the Caribbean, has agreed to acquire Hawaiian Telcom Yellow Pages. No financial terms were disclosed for the deal, which includes a 50-year publishing agreement in which Insight will serve as the exclusive, official publisher of print and online directories for Hawaiian Telcom. Local Insight Media was originally formed by Welsh, Carson, Anderson & Stowe with a focus on the Alaskan and Caribbean markets, and later merged with CBD Media LLC, publisher of the Cincinnati Bell-branded yellow pages. WCAS holds a majority stake, with former CBD shareholder Spectrum Equity Investors holding a minority position.