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Rickenbacher media
Background |
Rickenbacker Media is a publications brokerage firm. All transactions are handled with discretion and confidentiality.
Ted Rickenbacher is president of the firm. Prior to establishing the company in 1986, he was a fourth generation newspaper publisher. He was successful in ownership of newspapers for 29 years.
Jim Afinowich,
a former newspaper publisher and past president of the International Business
Brokers Association, is western states director. He represents
Rickenbacher Media in California, Arizona, Oregon, Washington, Nevada, Wyoming, Utah, Montana, and Idaho.
During his years at Texas Christian University, Rickenbacher began working at
the Fort Worth Star-Telegram. He remained there for four years until he became
publisher of a small daily newspaper in Kansas.
After it was sold in 1962, Rickenbacher started the
weekly Trinity Herald in the area between Dallas and Fort Worth. Later he
started the Grapevine Herald. In l966 he sold these papers to the Star-Telegram
but operated them until l969.
In l969 he acquired the Carrollton Chronicle and the Farmers Branch Times
northwest of Dallas. He started weeklies in Lewisville, North Dallas and
Addison. The five papers were sold for a substantial return in l980.
In l980 Rickenbacher acquired Southwest Floor Covering, a trade publication.
Southeast Floor Covering was launched two years later in Atlanta and it served
as a companion of Southwest Floor Covering. These publications were sold in
l985.
Rickenbacher owned other businesses and target market publications before he
acquired in the l980s a group of Texas weekly newspapers in Duncanville, DeSoto,
Lancaster, Cedar Hill, Ferris, Midlothian and Red Oak. These papers later were
sold.
He has a strong understanding of a business owner’s interests. He was owner of
21 newspapers and five target market publications in the 25 years after 1960. He
has been active in community affairs, including service as Rotary Club president
and member of a church governing board.
Rickenbacher is a past member of the board of trustees of the American
Management Association, and past officer and director of Suburban Newspapers of
America. He has been designated a Certified Business Intermediary by the
International Business Brokers Association. He has completed the President’s
Course and the Management Course through the American Management Association.
Afinowich served on the board of directors of the Arizona Newspaper Association
for several years and was its president in l982. At the age of 23 he purchased
the Nogales International. During his 10 years in the publishing business he
started a group of shoppers, several specialty publications, and he developed a
central printing plant.
After leaving the publishing business, Afinowich began a second career in the
business brokerage business, and in the past 20 years has sold several hundred
businesses.
He is recognized as an expert in the sale of businesses. He is a frequent
speaker at national and regional conferences. He has been designated a Certified
Business Intermediary, a designation held by only 350 brokers in the United
States.
Afinowich is a founding partner of Fox & Fin Financial Group of Scottsdale,
Arizona, a regional mergers and acquisition firm. Arizona Business Magazine
ranked Fox & Fin the number one brokerage firm in Arizona for the last 10 years.
He can be reached at (480) 421-9789.
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