Local Media Outdoor recently acquired 92 structures with 198 faces from Scotty Outdoor owned by Scotty Shivar.  Shivar told Billboard Insider that Scotty Outdoor, which serves North and South Carolina, kept 69 structures and sold their signs located in Eastern NC.

While Local Media initiated the conversation, Scotty Shivar said he had a few different companies approach him as the market is hot right now

No brokers were involved in the deal.

Local Media Outdoor is based in Savannah Georgia and  is a division of Morris Multimedia. The Company had previously acquired 390 faces from Interstate Outdoor in September 2019.  Here is what Terry Harkins, General Manger of Local Media had to say about their recently completed acquisition.

“It was great working with Scotty Shivar who was able to build out this inventory over the past 20 years. The inventory will strengthen our presence in eastern NC giving us a total of 581 faces.”

No financial details of the traction were made available to Insider.

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