Las Vegas Billboards Completes New Billboard Acquisitions

Chad Harris

Las Vegas Billboards LLC (LVB) recently acquired two digital panels and converted both sides of a static billboard to digital, adding four high-profile digital billboards. The expansion gives the company 24 digital billboard faces within the Las Vegas market to complement its traditional static inventory.

This most recent purchase completed LVB’s acquisition of Las Vegas-based Resort Media Partners’ billboard assets and solidified LVB as Nevada’s largest independent local family-owned digital billboard company. LVB has acquired six digital panels from Resort Media Partners.

“The new acquisitions and development expand our reach in northwest Las Vegas. They will add depth to our I-15 inventory with this new location just 1 mile south of the Raiders’ stadium,” Las Vegas Billboards owner Chad Harris said. “Las Vegas is a fast-growing community with a booming economy, and now we reach drivers headed to the new residential areas, medical centers and retail developments.”

Gabe Oliverio, managing director at Johnsen, Fretty & Co., the Stamford, Connecticut-based investment banking firm that represented and advised LVB, said, “Chad and his team have done an extraordinary job of acquiring select billboards and turbo-charging their performance. It also helps to have a Las Vegas economy that seems to be firing on all cylinders.”

 

 

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