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 offices in Roswell and Las Cruces. and signs in dozens of markets in between. Lindmark will be adding over 700 New Mexico faces with 350 static and 6 digital structures.
The transaction made sense for Lindmark with a new market of size in the southern U.S. The Las Cruces office is a 700 mile drive from their Oklahoma headquarters and they will be adding some key employees from the New Mexico operation.
Lindmark has 750 bulletins faces across Oklahoma on interstates and major highways. They also have 7 digital units in the Oklahoma City Metro area.
Lindmark mentioned that Max Drachman at Kalil & Co. handled the transaction and he was pleased with Kalilco’s professionalism and their facilitation of the transaction.
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