Our Providence office is staffed by veterans Bob Maccini, Stephan Sloan, and Ted Clark (with Diana Todd really running things). In addition to an active station brokerage practice, our Providence office anchors our broadcast valuation practice, which in my humble opinion, is the best in the industry.
Bob Maccini commenced his broadcasting involvement at Old Stone Bank, Providence, RI where he managed the bank's Communications Lending Group for five years. Subsequently, he founded and managed Chapman Financial Services, a subsidiary of Chapman Associates which provided investment banking services to the broadcasting industry.
Bob was one of our co-founders when Media Services Group was launched twenty years ago. Since, he has worked with numerous financial institutions in broadcasting related workout transactions and has been appointed as a receiver and examiner by various courts to oversee and sell radio and cable television companies.
Bob serves on the Boards of Saga Communications and GAP Broadcasting, and is President/CEO of Ando Media. He holds a B.A. degree in Economics from Holy Cross College and an M.B.A. degree in Finance from Babson College.
Stephan Sloan assists clients in a variety of investment banking, brokerage, appraisal, portfolio management, and expert testimony tasks. Stephan has helped clients obtain more than $40 million in senior debt and helped broker radio stations with an aggregate value of more than $200 million. He has appraised or assisted in the appraisal of radio, television, and cable television systems valued in excess of $500 million for clients that include the Federal Deposit Insurance Corporation (FDIC) and the Resolution Trust Corporation (RTC).
Working closely with Bob in Media Services' Broadcast Portfolio Group, Stephan has helped financial institutions with problems in their broadcast and cable loan portfolios and in court-appointed receivership assignments. He has also been accepted in state court as an expert witness on radio station valuation, finance, and receivership matters. Steph attended Salve Regina University.
Ted Clark is an analyst in Providence. He joined the firm in 1997 and since that time has performed valuations of radio, television and cable television systems totaling in excess of $560 million. Prior to joining Media Services Group, Ted (or as we call him, "Dr. Clark") worked as a research scientist and software developer in the biotechnology industry. He received his B.S. degree from the University of Rhode Island and performed his graduate studies at Dartmouth College.
Media Services Group