Tag: seaport capital

Pearl Media Acquires Lure Outdoor

(Montclair, New Jersey) Pearl Media, in partnership with Seaport Capital, has acquired LURE Outdoor, making it one of the premier street level Out of Home Media companies in the United States. Based in New York City, LURE Outdoor’s OOH mix encompasses over 120 high profile street level billboards, barricades and storefronts throughout […]

Lamar Sponsors $300 Million SPAC

Lamar Advertising filed an S-1 to raise $300-345 million via a special purpose acquisition company (“SPAC”) named Lamar Partnering Corporation (“LPC”). Lamar will own approximately 20% of the LPC.  LPC will be managed by members of Lamar’s management team including Ross Reilly, Lamar’s VP of Mergers and Acquisitions who will […]

Lamar sells Puerto Rico billboards to bMedia

bMedia has acquired Lamar Advertising’s  180 billboards in Puerto Rico. bMedia is a Puerto Rico out of home advertising company which was formed in 2008.   bMedia is run by Juanchi Casillas and Hertor Horta and financially backed by Seaport Capital.  Seaport made an equity investment in bMedia in August 2014 […]