Explore our suite of services provided by our experienced team. If you have any questions, please reach out to one of our principals.
Patrick Communications has a reputation for achieving the best possible price for your station – effectively and discreetly.
Patrick Communications is one of the leading media brokerage firms in the country. Over the past fifteen years, the principals of our firm have negotiated both television and radio transactions totaling billions of dollars. This experience, combined with our extensive contacts throughout the industry, allows us to deliver the most qualified buyer for your station at the best price.
In recent years we have sold over 150 television stations – many of them for record prices. The list includes traditional network affiliates, independent stations as well as religious stations in a variety of markets ranging from the Top Ten to 200+. Regardless of the market, Patrick Communications is recognized throughout the industry for delivering premium prices quickly and discreetly.
We have also brokered the sale of over five hundred radio properties as well. Our client list includes “Mom and Pop”, small market operators, middle market privately held clusters and groups, as well as large publicly traded companies. We bring the same commitment and attention to detail to each transaction, regardless of size. This client-oriented sales approach has allowed us to be consistently recognized among the top radio brokerage firms in the country.
Patrick Communications is also the nation’s top broker of non-commercial stations. The value of these properties has exploded over the past few years and Patrick Communications has been pushing the envelope delivering record prices for stations. No other media brokerage firm has sold more non-commercial stations than Patrick Communications. This gives us an understanding of valuation and the unique issues associated with marketing and selling non-commercial stations that is unmatched.
Patrick Communications is highly regarded in both television and radio sales. Our reputation speaks for itself, but any of our past clients can testify for our expertise in representing them and we would be happy to provide a list of satisfied clients as references.
If you are considering listing your station, please contact us today for a consultation. Rest assured all conversations will be held in strict confidence and carry no obligation.
Telecom & Tower Brokerage
Patrick Communication’s principals have a long history of brokering and providing financial advice to tower and wireless spectrum owners and telecom operating companies. Our principals have executed dozens of telecom and tower transactions with many groups in radio and television, advising on the sale of towers in both rural and metropolitan communities.
The value of non-commercial stations has grown dramatically over the past few years. With commercial consolidation lessening the number of opportunities to acquire FM signals, the value of both Public Radio stations and Religious stations residing on the non-commercial end of the spectrum has soared. In the past three years Patrick Communications has brokered more of these types of transactions than any other media brokerage firm. This track-record gives us the expertise necessary to maximize the return on the sale of the station while making sure it goes to a buyer that the seller feels comfortable with. Often in these types of transactions, the future plans of a buyer are as important as the purchase price. Our client-oriented approach gives sellers the comfort and understanding that we are focused on their goals and maximizing the value of their station in the right transaction.
If you are considering the sale of your non-commercial radio station, we would be happy to have a confidential discussion regarding its value and how we may be of assistance. We are actively working in ongoing arrangements with over a dozen non-commercial broadcasters helping them understand the market and better understand the ramifications of potential acquisitions, trades and divestitures. On the other hand, if your organization is looking to acquire a non-commercial radio station, we always have a number of active listings ranging in market size from Top 25 Markets all the way down to the smaller unrated markets.
Fair Market Value & Appraisals
Patrick Communications’ fair market and asset appraisals are the best in the business – no other broadcast appraiser offers our range of expertise. Our appraisals bring to bear extensive financial, operational, and ownership experience- we understand the business of broadcasting.
Our appraisals are highly regarded by members of the financial community- over 30 financial institutions rely on our expertise.
Our appraisals have also been used as the basis for estate valuations. In several cases our appraisals have been accepted by the IRS in place of the IRS commissioned appraisals. In every instance we have saved clients millions of dollars in estate taxes.