Uva, the former President and CEO of Univision and Chairman of NBCU Hispanic Enterprises & Content, will help grow the digital media and events company.
HMG founder Manny Ruiz, will remain on the board of directors and will continue to be a majority shareholder.
According to Ruiz, Uva’s acquisition “means Hispanicize is ready to compete bigger and for the long haul as a major media company.”
Uva’s first order of business will be to integrate the HMG’s original assets – the Hispanicize events, DiMe Media and Hispanic Kitchen – into the fully acquired platforms of Exit 7 and LatinaMoms.com.