We had two Billboard Insider readers reach out to us after our article yesterday on the life and passing of Stephen Adams. From Niki Gleason “Stephen Adams touched so many of us outside the business world. As the wife of Kevin Gleason, President/CEO of Adams Outdoor Advertising, I would like […]
A Billboard Insider reader asks: Hi Dave. One quick question. When you get ready to sell your plant is it more of and advantage to sell your land under your structures and get a perpetual easement, before selling. Or keep the land and sell it as a whole. Yesterday valuation […]
Out of home industry investment banker Jim Johnsen of Johnsen Fretty had his birthday celebrated (where else) on a billboard. Standing in front of the billboard are some of Jim’s friends (left to right): Greg Ziomek (Ultralum), Jenna Panepinto (OUTFRONT), John Mahoney (OUTFRONT), Angela Rufo (OUTFRONT), John Carroll (Carroll Outdoor). […]
Billboards are not passive income. Billboards are not passive income. Billboard Insider reposts this once a year because we get too many phone calls and emails from newbies who think this is so. Google “owning billboards for passive income” and you’ll get rich quick stories written by people who don’t […]
Today’s podcast guest is Jim Johnsen, a managing director at the out of home investment banking firm Johnsen Fretty talks about out of home valuations and the out of home debt and equity markets. Here are the highlights. A healthy out of home transactions market. The market is healthy with […]
We wrap up our discussions with our All-Star M&A Brokers with their opinions on rising interest rates and some final thoughts. Included in our group: Lou McDermott – Kalil & Co. Jim Johnsen – Johnsen, Fretty & Co Max Drachman – Drachman M&A Co. Marty Williamson – Williamson Associates Paul […]
Today, we continue with three questions to our All-Star M&A Brokers. We address what they are seeing in values ranges, what is up with new buyers coming to the industry and the challenges they see in getting deals to the finish line. Included in our group: Max Drachman – Drachman […]
Cellular billboard antennas are the-next-big-thing-that’s-going-to-happen-but-never-does. Insider suspects this is because many billboards are in rural areas with little additional demand for cellular/wireless antennas. Insider has received only 1 request from a cellular company seeking wireless antenna space on a Circle City Outdoor billboard. It was looking for a billboard near […]
Where can I find billboards for sale? This is the third most viewed Billboard Insider post. The topic remains of interest to judge from the phone calls Insider receives. Here’s a refresh of the ways to find billboards for sale. Do-it-yourself. This means driving around or doing the internet research […]
Last Friday OUTFRONT CFO Matt Siegal suggested that out of home multiples are lower. Five investment bankers tell insider that there hasn’t been a dramatic shift in multiples. Max Drachman, Kalil and Co I believe there are many executives that would agree with Matt on feeling an acquisition today would […]
