New firm targets troubled private equity deals

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Over the past few years, private equity firms have invested in acquisitions of quite a few radio stations. Many of those investments have been successful, but veteran broadcaster Dex Allen figures a few have run into problems and need some help. To that end, he and some associates have launched the Broadcast Resource Group (BRG). Allen, Jim Shea, Cindy Weiner Schloss and Dennis Goodman have more than 100 years of broadcast management experience. They say the new company offers "a complete menu of services with everything from Programming Consulting Contractors to Engineers for special projects…from station diagnostics to a full blown transitional management plan."  Additionally, BRG has experience with and access to private equity capital if the situation warrants. Allen is at califcom@pacbell.net or 858-756-6388.