M&A Deal Summary

Univision Acquires Tichenor Media System

On February 14, 1997, Univision acquired media company Tichenor Media System from Alta Equity Partners

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

M&A Deal Summary

Date 1997-02-14
Target Tichenor Media System
Sector Media
Buyer(s) Univision
Sellers(s) Alta Equity Partners
Deal Type Add-on Acquisition

Target

Tichenor Media System

Las Vegas, Nevada, United States
Tichenor Media was one of the largest companies in the fast growing business of Spanish radio. Led by McHenry Tichenor, the Company was a dominant Spanish operator in each of its five markets: Chicago, Houston, El Paso, San Antonio, and McAllen/ Brownsville.

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Buyer(S) 1

Buyer

Univision

New York, New York, United States

Category Company
Founded 1992
Sector Media
DESCRIPTION

Univision entertains, informs, and empowers U.S. Hispanics with news, sports, and entertainment content across broadcast and cable television, audio, and digital platforms. The company’s top-rated media portfolio includes the Univision and UniMás broadcast networks, as well as cable networks Galavisión and TUDN, the No. 1 Spanish-language sports network in the country. Locally, Univision owns or operates 65 television stations in major U.S. Hispanic markets and Puerto Rico. Additionally, Uforia, the Home of Latin Music, encompasses 58 owned or operated radio stations, plus 89 affiliates, a live event series, and a robust digital audio footprint. Univision was formed in 1992 and is based in New York, New York.


DEAL STATS #
Overall 1 of 6
Sector (Media) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Nevada) 1 of 1
Country (United States) 1 of 5
Year (1997) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-21 The Root

Washington, District of Columbia, United States

The Root is an online news, opinion and culture destination for African-Americans.

Buy -

Seller(S) 1

SELLER

Alta Equity Partners

Concord, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
Size Small
Type Sector Agnostic
DESCRIPTION

Alta Equity Partners is a private equity firm focused on acquiring lower middle-market, US-based companies. The Firm is a generalist investor but targets companies exhibiting recurring revenue business models, low capital intensity, proven management, and opportunities for growth. Prospective transaction situations of interest include recapitalizations, management buyouts, divestitures, and special situations. Alta Equity Partners was formerly known as Alta Communications. Alta Communications was formed in 1989 and the Firm changed its name to Alta Equity Partners in 2010. Alta Equity Partners is based in Concord, Massachusetts.


DEAL STATS #
Overall 5 of 45
Sector (Media) 3 of 19
Type (Add-on Acquisition) 4 of 36
State (Nevada) 1 of 1
Country (United States) 5 of 43
Year (1997) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-06-01 Cambridge Communications

United States

Cambridge Communications was formed in 1996 to acquire the cable television systems of Classic Cable in New Mexico and Washington State.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-01 WNP Communications

Earlysville, Virginia, United States

WNP Communications, Inc. is a provider of broadband wireless services.

Buy -