• Billboards and Other Businesses

    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

    Marin Ventures

    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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