Media Venture Partners   www.mediaventurepartners.com   Return to regular view
 

 

Mergers & Acquisitions
Our M&A practice is built upon three basic principles:

  • Integrity

  • Knowledge

  • Flawless Execution
Integrity is one of our core values. We treat confidential information in the way our clients want it treated, and we never overstate a fact or oversell. No fee is worth compromising any of our relationships.

Our team has over 85 combined years of industry experience and knowledge, and we enjoy long and very personal relationships with the leaders in each of our sectors. We are talking to buyers and sellers every day, and we are in close touch with values, capital markets, and trading trends.

We put our expertise and training to work for you. Our presentations are regarded as among the best in the industry, and we pride ourselves on diligent execution and follow-through on every phase of every deal.
 
Private Equity & Debt Raises
MVP uses its industry knowledge of capital markets to help our clients find the right financial
partner(s) and to develop a capital structure to provide optimum capital flexibility, whether for expansion, or for acquisition opportunities.
 
Restructuring
Media Venture Partners provides advisory services to companies, creditors and stakeholders in situations of financial distress. Since 1987, MVP’s investment banking team has advised clients and identified solutions in financially challenging times. We helped clients through the HLT (Highly Levered Transaction) crisis, the telecom meltdown and are now advising clients in the wake of the current credit crisis.

MVP advises companies and their stakeholders in both out-of-court and in-court reorganizations. MVP bankers work with stakeholders to achieve ideal outcomes in challenging situations. Our expertise includes:


  • Chapter 11 Restructurings

  • Out-of-Court Reorganizations

  • Litigation Support and Testimony

  • DIP Financings

  • Valuations

  • Strategic Alternatives


RFB CellularRenegotiation of bank debt; sale of non-core assets.Financial Advisor to RFB Cellular
NewCommRenegotiation of senior credit facility with DB Zwirn. $60 million.Financial Advisor to NewComm
Leap Creditors TrustSale of Telecommunications Licenses.Financial Advisor to Official Committee of Unsecured Creditors
Devon WirelessSale of Tower Assets in 363 sale.Financial Advisor Official Committee of Unsecured Creditors
Summit WirelessRenegotiation of senior loan with Qualcomm ($27 million) and sale of non-core assets.Financial Advisor to Summit Wireless
Summit Liquidating TrustSale of telecommunications licenses.Financial Advisor to post bankruptcy trustee
Summit City BroadcastingReplacement of senior credit facility $8 million.Financial Advisor to Summit City Broadcasting
Denver Radio CompanyStructuring and negotiation of DIP facility.Financial Advisor to Denver Radio Company
Denver Radio CompanySale of assets in 363 sale.Financial Advisor to Denver Radio Company
Deer Creek BroadcastingRestructuring of senior credit facility and placement of subordinated debt.Financial Advisor to Deer Creek Broadcasting
KTTY-TV, San DiegoSale of radio station in 363 sale. $70 million.Financial Advisor to court appointed receiver
Diamond Broadcasting/Bay BankSale of radio assets.Appointed as state court receiver
South Bay Broadcasting/Bay Bank/KRTY FMActed as state court receiver, sold radio assets. $3.3 million.Appointed as state court receiver
Philips Credit Corp.Sale of television loan portfolio. $70 million.Financial Advisor to Phillips Credit
Hellman & Friedman/Resolution Trust Corp.Acted as receiver for radio stations in Minneapolis and Sacramento after Hellman & Friedman acquired a $12 million senior note from the RTC secured by the station assets.Financial Advisor to Hellman & Friedman
Henry Broadcasting Co.$100 million restructuring and sale of radio assets.Financial Advisor to Henry Broadcasting
Communications LeasingSale of communications towers for court appointed receiver.Financial Advisor to court appointed receiver
Trico WirelessSale of telecommunications licenses; strategic advisory.Advisor to Post Bankruptcy Committee of Secured Creditors




 
Valuations & Appraisals
MVP applies the same industry expertise and rigorous financial analysis to its valuation and appraisal work as it does to other aspects of the firm's practice.

We are comfortable doing valuation work in our areas of specialization, and we have performed dozens of appraisals for a broad range of owners, lenders and private equity firms.

A sample of our appraisal clients include:
  • First Broadcasting Investment Partners, LLC

  • Max Media of Montana LLC

  • Recoll Management Corporation (an agent of the FDIC)

  • Fleet National Bank

  • Prudential Insurance

  • Trust Company of the West
MVP's principals have recently been qualified as expert witnesses for station valuations in the following cases:

  • Rook Broadcasting of Idaho, Inc., KEZE, Inc., and Z-Rock Communications Corp. vs. Triathlon Broadcasting of Spokane, Inc., Triathlon Broadcasting Co., Citadel Communications Corp., et al, United States District Court, Eastern District of Washington; (Case No.'s CS-99-096-RHW, CS-99-097-RHW, CS-99-098-RHW and CS-00-313-RHW)

  • B. Casey Stangl v. Henry Broadcasting Company, et al, Superior Court for the State of Hawaii; (Civil No. 90-1460-05)

  • Inland Empire Broadcasting Inc., U. S. District Court for the District of Nevada (BK-S-92-24711-LBR)

  • Ponce Nicasio vs. Media One, Bruce Fox et al, El Dorado County Superior Court (PV002097)

  • KZSA vs. Diamond Radio, Sacramento County Superior Court (97AS05928)