Post Tagged with: "acquisitions"

Huntington Outdoor Buys Echo Outdoor

Huntington Outdoor has recently acquired Echo Outdoor billboards located in Sidney, Ohio. Huntington Outdoors mission is to help small businesses thrive and the buyout of Echo Outdoor provides Huntington with more opportunities to achieve this mission. “We are thrilled to announce the buyout of Echo Outdoor,” said Justin Powell, CEO of Huntington Outdoor. “Sidney is a wonderful area to advertise in and as a company, we are always looking for prime advertising locations to offer our clients.” Paid Advertisement

by billboardinsider· · Comments are Disabled · Finance

Lamar Bought Middleton Outdoor

On March 13, 2017 we reported that Middleton Outdoor sold its Texas plant.  Max Drachman of Kalil and Co brokered the transaction.  The Victoria Advocate ran an article on the sale yesterday which identified Lamar as the buyer.  Middleton operated 10 digital billboards in Victoria, Texas. Paid Advertisement  

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Dusty’s acquires Woods Outdoor Media

Illinois-headquartered Dusty’s Outdoor Media continues to expand in Tennessee with the purchase of Woods Outdoor Media from David Woods. With the execution of this deal, Dusty’s owns over 410 billboard faces in Illinois, Indiana, Kentucky & Tennessee.   This is the second acquisition this year for Dusty’s in Tennessee.  In January 2017 Dusty’s acquired Jackson Tennessee based Moore Outdoor Media. Insider talked with Dusty’s VP of Sales Travis Rhodes.   Travis, tell us about the acquisition. David Woods was the […]

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Dusty’s Outdoor Acquires Moore Outdoor Media

Illinois-headquartered Dusty’s Outdoor Media has acquired Jackson, Tennessee based Moore Outdoor Media.  With the execution of this deal, Dusty’s owns 410 billboard faces in Illinois, Indiana, Kentucky, and Tennessee.  Insider talked with VP Sales Travis Rhodes about the transaction. Tell us about the Moore plant. The plant consists of 9 structures with 18 faces north and south of Jackson, Tennessee.  The acquisition increased our footprint in  the Jackson area.  Out team is delight to work with current and new businesses […]

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Where can I find billboards for sale?

Where can I find billboards for sale?  One way is to do-it-yourself.  This means driving around or doing the internet research to identify billboards  you’d like to buy, looking at the name on the nameplate and calling the owner.  The do-it-yourself approach takes a lot of work and is inefficient because most billboards are not for sale.  Here are some ways to make your acquisition search more efficient: Contact a broker and tell them what markets you’re interested in.  This […]

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Clairvest Completes Sale of Cieslok Media Ltd. and Realizes a Multiple of up to 8.4 Times Its Investment and IRR of 92%

TORONTO, ON–(Marketwired – January 03, 2017) – Clairvest Group Inc. (TSX: CVG) (“Clairvest”) today announced that it and limited partnerships controlled by it completed the sale of their common shares of Cieslok Media Ltd. (“Cieslok Media”) to Bell Media Inc. (“Bell”). Cieslok Media is a leading Canadian out of home advertising firm, operating predominantly large format digital and static billboards throughout major cities in Canada. At closing, Clairvest realized cash proceeds equal to 7.8 times invested capital, which could increase […]

by John Weller· · Comments are Disabled · Business

Max Drachman on Recent Outdoor Deals

Max Drachman is a outdoor advertising industry investment banker with Kalil and Co.  Insider interviewed Drachman last week about trends in the outdoor advertising M&A market. Max, have you closed any transactions since the last time we checked in with you in early September? Yes, we have closed four more deals since we last touched base: Boardworks’ divestiture of the majority of their plant in Atlanta. Diamond Outdoor’s divestiture of signs in South Carolina and Georgia to Adams Outdoor Windsor […]

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Lindmark Acquires New Mexico Assets

Lindmark Outdoor Media (formerly Blue Sky Outdoor) acquired the Southern New Mexico assets of Newman Outdoor.  The transaction closed this week and now gives Lindmark over 1,400 faces from Oklahoma to New Mexico. Trent Lindmark told Insider that there are not many opportunities that emerge where a smaller outdoor company has a chance to buy a plant of this size.  Newman Outdoor is the largest outdoor company in New Mexico and has been in the market for 40 years with […]

by John Weller· · Comments are Disabled · Business

Stark Outdoor Sells to Browder Media

Longtime industry veterans Herb and Wilma Stark have sold Stark Outdoor Advertising to Browder Media.  Stark Outdoor operates a plant of 23 double-stacked billboards in Eastern Texas.  The Starks entered the billboard business in 1987 when there were looking for a way to bring people to their blueberry farm. Herb traded work with Perry Thigpen of Thigpen Outdoor to build a couple structures near the blueberry farm. It didn’t take long for Herb to discover that billboards were more lucrative than […]

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