Max Drachman of Kailil and Co closed three deals last week. Insider asked Max for an update. Max, in our February interview, you mentioned some deals were about to close. Can you bring Insider up to speed? Definitely. Last week we closed the following transactions: We assisted Franklin Outdoor in their acquisition of Clear Channel Outdoor’s assets in Rochester, Minnesota. It was a natural extension for the Franklin team and allowed them to continue their growth in the northern midwest. […]
Post Tagged with: "Max Drachman"
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 […]
Max Drachman is an outdoor industry investment banker with Kalil and Co. Insider talked with Drachman about the M&A market last week. What transactions have you closed recently Max? So far this year we have closed seven Outdoor deals. Our most recent closing was the Lindmark/Newman deal in New Mexico. Newman had owned the plant since the 1970s, and grew to be the largest independent billboard company in the state. With this deal, Lindmark has become one of the largest […]