New York, NY– February 21, 2019 – Branded Cities (“BC”), a premier Out-of-Home and iconic media company in North America, today announced the acquisition of a Lincoln Park neighborhood spectacular of Red Star Outdoor, further increasing its footprint in the Chicago market.

The all-cash deal for the sign located at Clybourn and Webster brings BC’s total of iconic billboard faces in Chicago to 22 and solidifies BC’s presence throughout the downtown core in Chicago.

“We are pleased to add an additional iconic asset to our existing portfolio of Chicago inventory,” said Steven Ellman, Chairman & Chief Executive Officer of BC. “This highly visible spectacular in the desirable Lincoln Park neighborhood will provide brands the opportunity to reach and engage with audiences as they experience life.”

Financial terms were not disclosed.

Branded Cities operates an integrated network of premier digital and static billboards across North America.  Branded Cities is owned by EL Media and Shamrock Capital.

Red Star Outdoor continues to operate a billboard plant in Chicago.  This isn’t the first transaction between the two firms.  In June 2018 Branded Cities acquired some Red Star billboards in Chicago.