WhiteHawk Capital-backed MediaCo completed the acquisition of Content and Digital Operations unit of Estrella Media for $120m.

WhiteHawk Capital-backed MediaCo, a radio broadcasting media company, completed the acquisition of Content and Digital Operations unit of Estrella Media, a media company, for $120m. “This leverages the strengths of two great companies to build something new. We are committed to representing and serving the Hispanic marketplace, as well as continuing to represent and grow the diverse audience that MediaCo already serves. We see a need for media brands to embrace opportunities with all audiences, and Estrella Media is a key part of our growth strategy,” Deb McDermott, MediaCo Chair.