The sale was to take effect March 31. Terms of the deal were not disclosed.
"We are grateful to be able to hand the reins to another family-oriented company that shares our community-building values," said World Publisher Rufus G. Woods.
"We are honored to carry on the rich legacy and dedication of the Woods family and the great employees of The Wenatchee World in serving such a vibrant and exciting region," said Wick Chief Executive Officer Francis Wick.
The Wenatchee World is the first newspaper in the state of Washington for Wick. All employees of The World have been offered jobs with Wick Communications.
Rufus Woods, who has been publisher since 1997, will remain as a columnist for the newspaper. Jeff Ackerman, who has been a publisher at various newspapers, has been named publisher to succeed Woods.
Dirks, Van Essen & Murray, a media merger and acquisition firm based in New Mexico, represented the Woods family in the deal.