CherryRoad Media is continuing its drive into Colorado, with a further acquisition of a paper sold after only three years.

Trinidad Chronicle-News – a five-day-a-week publication that has served Trinidad and surrounding communities since 1877 – under a definitive agreement. One of the oldest continuously published newspapers in the state, is had been owned by locally-based Chronicle-News Media Group since 2018. 

Last week CherryRoad announced the acquisition of the daily La Junta Tribune-Democrat – in the southern part of the state – from Gannett, along with weeklies the Fowler Tribune, Bent County Democrat and Ag Journal.

Media merger and acquisition firm Dirks, Van Essen & April represented Gannett in this transaction, and Chronicle-News Media Group in the former. Terms were not disclosed in either case.

Founded less than a year ago, CherryRoad had bought 20 newspapers from Gannett in October, and now publishes titles in eight states.

Headed by chief executive Jeremy Gulban, CherryRoad Media is a wholly-owned subsidiary of CherryRoad Technologies, a Parsippany, New Jersey-based technology company established in 1983.