For Immediate Release
December 16, 2024
Shreveport, LA – Media Mpact announced today their acquisition of Outdoor Advertising Assets in Shreveport, Louisiana from Ace Outdoor (“ACE”). Drachman M&A Co. represented ACE in the transaction. Chris Rothfelder of Rothfelder Falick L.L.P. provided legal representation to ACE. The transaction includes eight digital displays along with static coverage of the market. Terms of the deal were not disclosed.
“We grew up with these assets and know that someone with a local focus will help them reach their full potential. Congratulations to Amber,” said Ace Outdoor owner Kassidy Grace.
Media Mpact founder Amber Patton also expressed her excitement for the acquisition.
“We are based here in Shreveport, and I’ve been following these assets for my entire career. I am very honored to be chosen by the Grace family to acquire the assets and honor the legacy of my friend Michael Grace,” commented Amber Patton, Owner of Media Mpact.
Drachman M&A Co. CEO, Max Drachman, highlighted the significance of the portfolio sold by ACE, describing it as an excellent beachhead for further growth in Louisiana.
“Congratulations to both sides. It was an honor working with Kassidy Grace to divest the assets her father developed and operated for decades. We look forward to watching Amber and Media Mpact continue their growth trajectory in the surrounding area.”
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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