RocketVII Interactive announced the sale of its out of home assets in Ohio this week. Kalil and Co was the broker. Rockett VII’s owner also owned a a movie theater in Gallipolis, Ohio.
The transaction caught Insider’s eye because Rocket’s owner had investments in a non-out-of-home company. This is more common than you might think. What kinds of non-out-of-home companies are invested in out of home? Here’s a short list.
| Parent | Sector | Out of Home Investment |
| Design Angler | ad agency | out of home plant in Bemidji |
| Stewart Companies | construction, real estate, auto dealerships | Apple Outdoor |
| Mac Haik Enterprises | hotels, auto dealers, construction | MH Outdoor Media |
| Boston Omaha | Insurance, Real Estate | Link Media Outdoor |
| Morris Multimedia | newspaper, TV | Local Media (GA out of home plant) |
| Eagle Media | newspapers | Harmony Outdoor |
| Avaira Signs | printer, sign fabricator | pennsylvania billboards |
| Iheart Media | radio | Clear Channel Outdoor. Spinoff pending |
| Mollman Media | radio | oklahoma billboards |
| Tyler Media | radio, TV | oklahoma out of home plant |
| Mcworter Capital | real estate
real estate |
Horton Outdoor
california billboards |
| Carlson Sign | signs | oregon out of home plant |
| Cuerden Signs | signs | arkansas billboards |
| George Lay Signs | signs | kansas billboards |
| Jones Sign Co | signs | Jones Outdoor |
| Netflix | Streaming | Regency Outdoor billboards in CA |
| Standard Diversified | tobacco, insurance | Standard Outdoor |
| American Tower | towers | RSA Media billboards in Boston |
When does it make sense for a non-out-of home company to own out of home assets? Let Insider know using the form below. We’ll post our thoughts next week.
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