Insider learned that Lindmark Outdoor Media purchased 80 faces in Western Oklahoma from Mesa Advertising, owned by Steven Holloway. The transaction closed Monday. No digital faces in the transaction, all were vinyl. All, except two, of the structures are located along Interstate 40.
Max Drachman of Kalil & Co. represented the seller in the transaction and we asked Max for a comment.
“The assets were highly sought after by multiple parties, however Lindmark ended up with the best deal for the seller. We are confident they will do very well with the acquisition.”
Lindmark has closed 10 deals over the past several years. Trent Lindmark also indicated they are looking to acquire more companies in Oklahoma, New Mexico and Texas and going to work on organic growth as well.
Mesa Advertising does have remaining structures they did not sell in the Elk City, Oklahoma market.
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