Northwood Exits Community, With Leven and Mittman Buyout


HOBE SOUND, FLA. — Until now, a licensee of radio stations in Upstate New York and the South has seen the involvement of two principal owner-operators and the investment of a Palm Beach County-based private equity and growth-oriented entity “that provides patient capital to exceptional management teams.”

It seems this investment has proven to be a smart one, and puts Jim Leven and Bruce Mittman in a positive light. They have filed paperwork to buy out this equity investor’s stake in their company, Community Broadcasters.

Please Login to view this premium content. (Not a member? Join Today!)