February 27, 2026
Huntsville, AL – Robinson Outdoor (“Robinson”) announced today their acquisition of Outdoor Advertising Assets in Tennessee and Georgia from Mashburn Outdoor (“Mashburn”). Drachman M&A Co. represented Mashburn in the transaction. Steve Grant of Grant, Konvalinka & Harrison provided legal representation to Mashburn and Robinson was advised by attorney Kim Moore. The transaction included seven digital and eleven static displays in southern Tennessee and northwest Georgia. Terms of the deal were not disclosed.
“Robinson Outdoor has grown steadily through greenfield development. As we enter new markets, acquisitions give us a head start and serve as a beachhead for further growth. This opportunity perfectly aligns with that strategy. We thank the Mashburn team for being great transaction partners,” mentioned Robinson Outdoor President, Wes Bell.
Richard Mashburn believes these assets fit the Robinson plan well, but maintains his excitement about the growth taking place around Huntsville.
“This divestiture allows us to concentrate our focus on the Huntsville market where we currently operate 41 digital and 95 static displays. We plan on redeploying these proceeds into bolstering our strong position in Huntsville and Northern Alabama with new digital conversions and tuck-in acquisitions. The Robinson team was great to work with, and we look forward to continuing the relationship,” added Mashburn CEO Richard Mashburn.
Drachman M&A Co. CEO, Max Drachman, mentioned the alignment and coordination demonstrated by both parties ensured smooth execution.
“The Mashburn team is highly experienced in M&A, which made the diligence procurement and contract negotiation processes very efficient. This transaction adds an eighth state to Robinson Outdoor’s portfolio that includes digital outdoor advertising displays throughout the Midwest. We know they will do well here, and are excited to see their growth trajectory accelerate.”
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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