Adams Closes On Tallahassee
Adams Radio Group has closed on its July acquisition of the Red Hills Broadcasting cluster in Tallahassee, FL — Top 40 WHTF (Hot 104.9)/Havana, FL, Country WWOF (103.1 The Wolf)/Tallahassee, Classic Rock/Triple A WQTL (106.1 The Sound)/Tallahassee and Adult Hits WANK (99.9 Hank FM)/Lafayette, FL. As was announced back in July, Hank Kestenbaum, President of Red Hills Broadcasting, will continue to oversee the group as VP/GM.
Ron Stone, President and CEO of Adams said, “The entire Adams Radio family welcomes these amazing broadcasters in Tallahassee to Adams Radio Group! Hank Kestenbaum and his team have over 20 years invested in Tallahassee radio and we look forward to being their partners for the next 20 years!”
Kestenbaum added, “Adams Radio of Tallahassee will be represented by a dedicated and talented group of broadcasters continuing to serve our community with entertaining live and local radio… in perfect harmony with the mission of Adams Radio Group. I know I speak for the entire team in saying we are looking forward to a new era of success, service and prosperity under Adam’s ownership.” Bill Fanning of MVP Capital, LLC was the broker in the transaction. Tallahassee becomes the fifth market for Adams Radio Group, joining Las Cruces, NM, Fort Wayne, IN, suburban Chicago (Northwest Indiana) and Salisbury-Ocean City, MD.
