M&A Deal Summary

Alpha Media Acquires Digity Companies - 114 Radio Stations

On March 1, 2016, Alpha Media acquired media company Digity Companies - 114 Radio Stations from Digity Companies

Acquisition Highlights
  • This is Alpha Media’s 1st transaction in the Media sector.
  • This is Alpha Media’s 1st transaction in the United States.
  • This is Alpha Media’s 1st transaction in Florida.

M&A Deal Summary

Date 2016-03-01
Target Digity Companies - 114 Radio Stations
Sector Media
Buyer(s) Alpha Media
Sellers(s) Digity Companies
Deal Type Divestiture

Target

Digity Companies - 114 Radio Stations

West Palm Beach, Florida, United States
Digity Companies LLC - 114 Radio Stations provides local media, digital entertainment, and event marketing solutions.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Alpha Media

Portland, Oregon, United States

Category Company
Founded 2009
Sector Media
DESCRIPTION

Alpha Media is a diverse multimedia company sharing your favorite music, sports, and news across a variety of platforms. Alpha Media is an owner and operator of radio stations across the U.S. covering all formats. Alpha Media currently owns over 130 radio stations and remains active in the pursuit of additional acquisition targets. Alpha Media was founded in 2009 and is based in Portland, Oregon.


DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

Digity Companies

West Palm Beach, Florida, United States

Category Company
Sector Media
DESCRIPTION

Digity Companies is a diversified local media, digital, entertainment and event marketing company. Digity Companies is based in West Palm Beach, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-28 Three Eagles Communications

Salida, Colorado, United States

Three Eagles Communications, Inc. is an operator of small to medium size radio stations operations in the Midwest, U.S.

Buy $67M