Huntington Billboards Sells Louisiana Assets to McWhorter Media Group

Huntington Billboards (“Huntington”) announced today the sale of its Baton Rouge, LA outdoor advertising assets to McWhorter Media Group (“MMG”).  Stark Capital represented Huntington Billboards in the transaction.

The transaction included 90 existing advertising displays, along with 10 additional displays currently under development. The assets are located across the greater Baton Rouge market.  Terms of the transaction were not disclosed.

“We’ve worked hard to build a strong group of assets in the Baton Rouge market, and we’re pleased to see them become part of MMG,” said Huntington CEO and owner Justin Powell. “Josh is a great operator, and we know his team will continue to grow the market and serve these advertisers and landowners well.”

MMG’s CEO, Josh McWhorter commented “This was a great step to continue to build out the Louisiana market for MMG.  We’re excited about adding these assets and look forward to continuing our growth.  Thanks to Huntington, Craig Berry at Stark Capital, and our team for getting this across the finish line.”

“Congratulations to both Justin Powell and Josh McWhorter on a successful transaction. It was a pleasure working with two highly experienced outdoor advertising operators who understand the transactional process and remained focused on getting the deal completed.  Their experience and professionalism made for an exceptionally efficient transaction, and we’re pleased to have helped structure and facilitate the transaction between the parties,” added Craig Berry, Partner at Stark Capital.

The Mroczko Firm served as legal counsel to MMG.  Robbins, Kelly, Patterson & Tucker (RKPT) served as legal counsel to Huntington Billboards.

About Huntington Billboards
Headquartered in Gordon, Ohio, Huntington Billboards is one of America’s fastest-growing independent outdoor advertising companies, operating thousands of static displays across the country, with a core focus on client service, landowner relationships, and disciplined long-term growth.

About McWhorter Media Group
Based in Cartersville, GA, McWhorter Media Group is a growing outdoor advertising company with assets currently in Pennsylvania, Virginia, and Louisiana.  Josh McWhorter is the company’s CEO and Deanna Berry is the company’s COO.

About Stark Capital Solutions
Stark Capital is a leading capital provider and M&A advisory firm focused on the outdoor advertising industry.  Stark Capital has successfully completed over 550 billboard-specific transactions throughout the United States.

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