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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