Public out of home company valuations were stable during the second quarter of 2017. The following table shows that the four public out of home companies (Clear Channel Outdoor, Lamar, OUTFRONT and JCDecaux) had an enterprise value of 13.2 times cashflow at June 2017, down slightly from 13.4 times cashflow […]
Media investment banker Mark Boidman projects that autonomous cars won’t account for a significant number of vehicles on the roadway for at least 25 years. Take a look at this slide from Mark Boidman’s presentation to the 58th FEPE Congress. You can download Boidman’s presentation Out of Home Media […]
SignValue offers billboard valuation and advisory services nationwide for lending, litigation, eminent domain, tax reporting and a variety of other needs. Call us for a free consultation at (480) 657-8400 or email info@signvalue.com
Lamar released fourth quarter 2016 financials yesterday. Here are the highlights from the financials and the Seeking Alpha earnings call transcript. All of the quotes come from the Seeking Alpha transcript. Revenue increased 8.6% to $386 million. Acquisition adjusted revenue increased 2% or slightly in excess of GDP. The rest […]
Insider asked out of home investment banker Jim Johnsen of Johnsen Fretty for an interview on what it’s like to be an out of home industry investment banker. Like any savvy dealmaker, Johnsen turned the tables and asked to interview Insider. Part 1 of the interview discusses billboard lending and […]
Donna Desmond is a business appraiser who had specialized in out of home advertising valuations since the early 1990s. She started Donna Desmond Associates, in Los Angeles in 1997. She is a renowned expert in the economics and valuation of outdoor advertising assets. Desmond has prepared hundreds of appraisals of billboard assets […]
Insider has written before about a State of Texas proposal to put advertising logos within freeway rights of way. Texas is proceeding with a pilot project to evaluate the feasibility of putting logos onto government highway signs in the right of way. Insider has attached a September 20, 2016 letter […]
Non-competes are an important but often overlooked aspect of selling an outdoor company. We asked Gabe Oliverio to discuss what sellers should be thinking about when they negotiate a non-compete. Gabe is a managing director at Johnsen, Fretty & Co, an investment bank which specializes in divestitures, acquisitions, […]
By Nancy Fletcher, OAAA President and CEO Twenty-five years ago, I signed a contract to lead OAAA (October 1991). A few months later, my husband and I moved our family from Minnesota to Washington, DC. Thinking back on a quarter century, I’ve assembled a list of 25 highlights in 25 […]
Sometimes you have to split up your company. Perhaps your partner wants to retire or you are getting a divorce and your spouse wants half the business. How do you place a value on your company? The Amicable Approach The best solution is to amicably resolve what your company is […]
