Insider was asked about Out of Home values. Insider has seen average values of 4-6 times billboard revenue and 8-14 times billboard cashflow during a 30 year career lending to Out of Home. The three US public Out of Home advertising companies had a mean gross value of 5.1 times […]
Outfront grew nearly twice as fast as the S&P 500 during the second quarter of 2019 due to strong revenue growth. Outfront stock (purple) was up 8%, Lamar (green) was flat, Clear Channel Outdoor (blue) was down 12% which the S&P 500 (black) grew 3% during the second quarter. The […]
Becker Boards has purchased certain assets of Relay Outdoor. Becker owns a billboard plant in Phoenix, Los Angeles, Miami and San Francisco. Insider talked with Mark Becker about the transaction. What assets were involved? Nine sign structures on seven sites with 18 faces primarily in the northwest part of […]
Insider talked with Kalil and Co Broker Max Drachman about what out of home buyers want on last week’s Billboard Insider podcast. Here’s the exchange. Are buyers focusing on leases, growth opportunities in the market and digital sign potential? The hottest item today is market share. Buyers aren’t interested…in somebody […]
The out of home deal market is “incredibly strong” says out of home investment banker Max Drachman on this week’s Billboard Insider podcast. Max has more than 10 years experience in out of home dealmaking with Kalil & Co. Here are some highlights. Your firm Kalil is also a large […]
Insider counted 4 bankers, 2 equity investors and 5 investment bankers at the 2019 OAAA show. Here’s a list of who attended and in what capacity. Keep this in mind the next time you’re searching for money or need an investment banker. [wpforms id=”9787″] Paid Advertisement
Outfront announced that two of their wholly-owned subsidiaries priced a private offering of $650,000,000 in aggregate principal amount of 5.000% Senior Notes due 2027. Outfront intends to use the net proceeds from the notes offering, together with cash on hand, to redeem all of its outstanding $550 million 5.250% […]
Few banks understand the market for small out of home loans. Metro Phoenix bank is changing that with a strategy which is targeting $1-10 million out of home loans nationwide. Metro Phoenix bank is a member of the OAAA. Insider talked with Metro Phoenix founder and CEO Steve Haggard about […]
Azalea Outdoor advertising has purchased 130 faces in Georgia and South Carolina from Knight Outdoor. The transaction includes some digital billboards. Insider talked with Marty Williamson, the transaction’s broker. Is Azalea a startup. Not really…Azalea Outdoor is a subsidiary of Azalea Investments with headquarters in Augusta, Georgia. Who are […]
As more companies move to the convenience of online transactions and credit card usage, the fees from such services as Square and Intuit Quickbooks can take a real bite out of revenues. IBOUSA has teamed up with Heartland, a subsidiary of Global Payments Inc, a NYSE traded public company to […]
