Many private equity funds and family offices are interested in out of home to judge from the calls Billboard Insider gets and from the number of private equity investors who subscribe to our daily newsletter. Private equity funds like the industry’s barriers to entry, low technology risk and digital billboard upside. Billboard Insider has compiled a list of 29 private equity firms who are currently invested in out of home.
| Company or Fund | Investments |
| Abry Partners | Screenvision (theater place based). |
| Anderson Pacific | Tier One Media (out of home) Directtech (place based out of home) |
| Ares Capital | Invested in OUTFRONT’s $400 million convertible preferred in 2020 |
| Beekman Group | Mesmerize Media. (place based out of home) in 2022 |
| Boston Omaha | Public Company parent of Link Media, which owns billboard assets in the Southeast US and Wisconsin |
| Boulderado Group | Equity fund run by Alex Buffet Rozek. Owns a portion of Boston Omaha, which is turns owns outdoor company Link Media |
| Caruth Capital | Premier Outdoor Media (out of home) in 2018. |
| Equistone Partners | Talon Outdoor |
| Flexis Capital | Funded Total Outdoor in 2011. Selling off the pieces |
| Fulcrum Investors | Canadian equity fund which has invested in street furniture company Creative Outdoor (2020) and in digital billboard manufacturer Media Resources (2019) |
| GAW Capital | New Tradition |
| German Media Pool | Invested in WALLDecaux a joint venture with JCDecaux in Germany and PLAKAUNION a German out of home advertising company. |
| H.I.G Capital | Watchfire signs (digital billboard manufacturer), Circle Graphics (vinyl printer) |
| Magnolia Capital Fund, LP. | Fund controlled by Adam Peterson that owns a large stake in Boston Omaha which owns Link Media |
| McWhorter Capital | Owns Horton Outdoor. Sold out of home assets to Trailhead in 2021. Purchased Statler Billbaords in 2022. |
| Msouth | Invested in Signal Outdoor, now InSite Street Media (street furniture and transit and university out of home) |
| Ocelot Partners | Purchased Ocean Outdoor from Searchlight Capital Partners in 2018 |
| Oaktree Capital | Ace Outdoor (out of home) |
| Rockbridge | Invested in RBX Media, a US out of home company. |
| Seaport Capital | Pearl Media, bMedia (Puerto Rico out of home company). |
| Searchlight Capital | Sold Ocean Outdoor in 2018. Is also invested in Media Math (ad tech), Adams Outdoor (out of home) and Patient Point (medical screens) |
| Shamrock Capital | Branded Cities (out of home). Screenvision (movie theater place based). |
| Sidwalk Labs, a Subsidiary of Alphabet, Inc. | Alphabet is holding company for google. Sidewalk invested in Intersection Media rational for the Intersection transaction centered upon the LinkNYC project which aims to provide ad-supported Wifi across New York City |
| Shoreview Industries | Allover Media (place based out of home) |
| SunTX Partners | Texas equity fund which focuses on sunbelt companies. Investor in Dallas-headquartered Big Outdoor/Radiant Outdoor |
| Tantara Capital Partners | Blackbird Media (out of home). The Atlanta sign (out of home) |
| Trivest | The Atlanta Sign. |
| Verde Outdoor | Renfroe Outdoor (out of home), Avery Signs (out of home) |
| Welsh Carson | Healthcare/Tech investor which invested in Titan Outdoor which was merged with Control Group to form Intersection |
[wpforms id=”9787″]
Paid Advertisement
