Alpha Media Closes On Adelante Acquisition

Alpha Media of Portland, Oregon announced Thursday they have closed the purchase of radio stations from Adelante Media Group. The three radio stations purchased ($3.1M) from Adelante Media Group include KTUB 1600 AM and KDUT 102.3 FM in Salt Lake City-Ogden-Provo and KBMG 106.1 FM in Evanston, WY.

When all pending deals are completed, it will bring the total number of stations owned by Alpha Media to one hundred thirty-five. Chairman of Alpha Media, Larry Wilson commented on the acquisition, “Mary Lee Robinson and her team will be a great addition to the Alpha Media Family. We look forward to continuing the live and local message throughout the Latino community in Salt Lake City.”

Jay Meyers, CEO of Adelante Media Group, LLC said, “Although I am sad to see the Adelante era end in Salt Lake, I’m very excited that the great things we’ve built will be continued by the special team at Alpha Media. Dealing with Larry Wilson, Bob Proffitt, Donna Heffner and the Alpha Media crew has been a true joy.”

Bill Fanning of Media Venture Partners is the broker for Adelante Media Group.