Link Media has closed on the purchase of 108 faces from Corey Outdoor in Atlanta. Link Media is a subsidiary of Boston Omaha. Link has done 9 acquisitions since its founding in 2009. Insider asked CEO Jim McLaughlin about the transaction.
Jim, how big a presence do you have in Atlanta as a result of the Corey and Fairway/Clear Channel acquisitions.
Our presence in the Atlanta area is still quite small, but growing. We have 3 additional LOI’s with closings happening over the next 30 days.
Are you looking for any employees as a result of the acquisition?
We need more salespeople and we’re currently talking with Corey’s former AE’s as well as a couple of others. One of the great things for sellers is that Link generally keeps the people that were at the company previously; the big guys generally are fully staffed and most times the seller’s employees are not needed.
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