For Immediate Release – July 8, 2026

New Orleans, Louisiana – Bayou Signs Outdoor (“Bayou”) announced today the divestiture of 782 Outdoor Advertising Displays to Lamar Advertising Company (NASDAQ: LAMR). Drachman M&A Co. represented seller Bayou in the transaction. The assets include 26 digital displays in addition to hundreds of static faces throughout Louisiana. Terms of the deal were not disclosed.

“Our family has operated our business in Louisiana for over 50 years. It turns out that there is another family that has been growing an Outdoor Advertising company not too far down the road from us. We have always had a lot of respect for the Reillys and were pleased to come to terms with Lamar on this deal. We would like to thank all of our landlords and clients for an incredible run, and we look forward to staying active in our community,” mentioned Bayou Co-Owner Paxton Moreaux.

Drachman M&A Co. CEO, Max Drachman, mentioned the footprint being a great fit for the buyer.

“The Moreaux family assembled a strong position in the markets they served, and their digital network in Thibodaux played an important role in helping local businesses tell their story. Lamar’s formidable local and regional infrastructure made these assets an attractive target.”

Rothfelder & Falick, L.L.P. served as legal counsel to Bayou, with Kean Miller, LLC advising Lamar.

About Drachman M&A Co.

Drachman M&A Co. is the leading Outdoor Advertising Mergers and Acquisitions firm in the United States. Drachman M&A Co. is built on a foundation of trust, confidentiality, and integrity coupled with a reputation for persistence and delivering results for clients. We provide guidance and strategic advice from a position of total transparency and complete alignment with our clients’ goals.

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