INDIANAPOLIS, IN – Stark Capital Solutions, Inc., acted as the exclusive advisor to Crossroads Digital Outdoor, LLC in Lamar’s acquisition of Crossroads’ assets, which was announced yesterday.

The purchase includes 18 monopole structures supporting 29 digital advertising faces covering the south central part of Michigan. Crossroads’ strong digital presence made them a leading out-of-home advertising provider in communities such as Detroit, Howell, Lansing, Battle Creek and Kalamazoo.

Chris Stark with Stark Capital said, “It has been an honor to work with the Crossroads management team and Lamar on this transaction.  We have worked with Charlie McLravy, Brad Holstad, and their teams for nearly two-decades on various transactions.  They are all-star developers and operators.  These assets will be a great addition for Lamar.”

Charlie McLravy of Crossroads wrote, “Thanks to everyone at Crossroads who made our business so successful.  Thanks also to our financial partner, Access Bidco, LLC for all their help and support.  Finally, thanks to Lamar for making the deal go so smoothly”.

About Stark Capital

Founded in 2003, Stark Capital is a leading OOH capital provider and M&A advisory firm.  Stark Capital has successfully completed over 400 transactions across the United States with a total transaction volume exceeding $560MM.

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