Transaction strengthens Hammock’s strategic focus on delivering innovative content marketing solutions for industry-leading clients
Nashville, TN (April 27, 2022) – Hammock Inc, a leading provider of content marketing solutions for businesses and association organizations across the U.S., announced today the completion of its management buyout.
The buyout was led by John Lavey, who has been employed at Hammock since 1996, most recently as president and chief operating officer. Exiting founder and CEO Rex Hammock formed the company in 1991. The transaction represents the culmination of an ownership and management succession plan that was developed over many years.
The new ownership structure will completely align the executive management team’s strategic vision with the market’s need for effective and innovative content market solutions leveraged across a rapidly evolving media landscape.
“Rex Hammock started this business 31 years ago and was a pioneer in the U.S. at building out what we know today as content marketing,” Lavey said. “Rex saw the opportunity for brands to go direct to customers, initially with print magazines, and today, with a whole host of digital media assets, to build loyalty, support branding and drive leads.
“Hammock has become a unique publishing platform that delivers valuable solutions to a marquee client base. Now, with 100% ownership by a committed management team, Hammock has a renewed energy to continue developing the most effective and powerful content marketing solutions to help our clients succeed and grow.”
Hammock is investing in new talent acquisition to provide clients with the latest needs in media creation and the measurement of ROI around investments in content marketing.
Terms of the transaction were not disclosed.
John Lavey and management were represented in the transaction by Silvermark Partners LLC as financial advisor and Hughey Business Law, PLLC as counsel. Rex Hammock was represented by Wood Stabell Law Group, PLLC as counsel.