Tag: dave westburg

Private Equity and Out of Home – valuing the equity

How do you value your out of home company when you bring in an outside investor?  The answer depends on whether you are simply selling an existing share of the ownership to a third party or if you are raising new money to grow the company. Selling an existing share […]

Private Equity and Out of Home – What to look for in a partner.

Yesterday Billboard Insider presented four reasons to consider adding an outside equity partner.  Today we talk about three traits to look for in a private equity partner: industry expertise; candor; and rapport. Industry Expertise Time is your most precious resource.  You don’t want to have to spend time educating a […]

Private Equity and Out of Home – Why Should I Add a Partner

There’s lots of private equity interest in out of home to judge from the calls Billboard Insider gets.  This is the first column in a series on private equity and out of home, based on our experiences raising equity for our own companies and as a private equity investor in […]

Succession Planning and Your Out of Home Company

At the October 2023 IBO show Billboard Insider’s Dave Westburg moderated a Founders Journey Panel.  The panel included out of home execs from a small company (Charley McIntyre – Bullfrog Outdoor), a medium sized company (Steve Richards – Pacific Outdoor/Mile Hi Outdoor) and two larger companies (Bill Lodzinski – West […]

How to Scale an Out of Home Company

At last week’s IBO show Billboard Insider’s Dave Westburg moderated a Founders Journey Panel.  The panel included out of home execs from a small company (Charley McIntyre, Bullfrog Outdoor), a medium sized company (Steve Richards, Pacific Outdoor/Mile Hi Outdoor) and two larger companies (Bill Lodzinski, West Virginia Outdoor and John […]

Advice to Someone Who Wants to Put Up a Digital Billboard

At last week’s IBO show Billboard Insider’s Dave Westburg moderated a Founders Journey Panel.  The panel included out of home execs from a small company (Charley McIntyre, Bullfrog Outdoor), a medium sized company (Steve Richards, Pacific Outdoor/Mile Hi Outdoor) and two larger companies (Bill Lodzinski, West Virginia Outdoor and John […]

All You Need to Know About Vinyl – Part 2

Billboard Insider’s Dave Westburg moderated a panel  titled All You Need to Know About Vinyl at last week’s IBO show.  The panel included Robert Arnold of Associated Posters, Alex Job of OAI Visual Technologies and Cody Golliher of Circle Graphics.  Yesterday the panelists discussed vinyl turnaround and vinyl life.  Today […]

Billboard Insider OAAA Show Plans

In two weeks I will be attending the OAAA show March 27-29 in Nashville.  Here are some of the events I’m looking forward to.  My focus is out of home finance and operations but there are lots of great marketing events. Tuesday March 28 8:45 am. Main Stage.  Anna Bager’s […]

A New Lending Fund for Small Out of Home Borrowers

Billboard Loans Management, LLC has launched Billboard Loans Fund Three, LLC, an income-oriented loan and investment fund which commenced operation on June 1, 2022.  The fund was formed with capital from accredited investors, supplemented by a line of credit from Washington Trust Bank.  The fund seeks senior secured out of […]

Don’t Let Success Bring You Down

On this week’s Digital and Dirt Podcast, Lamar Advertising CEO Sean Reilly said this:  “A lot of people can handle adversity.  Success sometimes brings people down…Right now we’re at a moment of time when Lamar is really successful.  It’s not going to change my management style…”. Reilly has a point.  […]