Roswell, GA – February 20, 2019: Link Media Outdoor is pleased to announce the purchase of the outdoor advertising assets of Rainbow Recording Studios in Omaha, NE; Katie Outdoor Advertising in Monmouth, IL and Fairfield, IA; and certain outdoor advertising assets of Knapp Outdoor Displays in Savannah, MO. These three […]
Scott LaFoy has learned a thing or two about buying and selling out of home companies in the course of a 34 year out of home career. He is in charge of Mergers and Acquisitions for Link Media Outdoor. Prior to that he was a General Manager for Fairway Outdoor […]
The vast majority of the 525 out of home companies in Insider’s database are independently owned and operated. When does it make sense for an out of home company to be part of another business? Here are Insider’s thoughts. A sign company owns billboards (excellent business case) Examples: Astro Signs, […]
RocketVII Interactive announced the sale of its out of home assets in Ohio this week. Kalil and Co was the broker. Rockett VII’s owner also owned a a movie theater in Gallipolis, Ohio. The transaction caught Insider’s eye because Rocket’s owner had investments in a non-out-of-home company. This is more common than […]
The Fairway sale has been through multiple rounds of bidding. Expect an announcement soon. Scarcely a day goes by without Insider hearing some new rumor. Here’s the latest. The sale will occur in geographic clusters. Lamar will buy one or more of the pieces. Wouldn’t be surprised if this includes […]
Boston Omaha, the parent company of Link Media reported financials for the 3 months ended September 2018. Here’s a summary of financial performance for Link Media Outdoor for the 3 months ended 2018. 000’s Link Media spent $136 million on acquisitions during the third quarter of 2018, including Waitt Outdoor […]
A diligent investor should behave in such a way that they are not gambling with their money, but instead acting cautiously and allocating it wisely. That philosophy from Warren Buffet is an important part of the overall strategy of Boston Omaha. Seeking Alpha has an interesting story by Matthew Livesay […]
Boston Omaha, the parent company of Link Media Outdoor has been in the news following last week’s purchase of Waitt Outdoor. See: Company tied to Buffett’s grand-nephew buys $82 million in billboards from Waitt Co. by by Omaha Herald. 3 Stocks Your Children Will Brag About Someday by The Motley Fool. […]
To cap off a month of significant acquisition activity, the Reading Eagle reports that Reading, PA based Land Displays sold to Lamar Advertising. Land Displays, from our last Company of the Day, owned 134 structures, including 15 digital faces, 3 trivision faces, 65 bulletin faces and 136 poster panel faces in Berks, […]
OMAHA, Neb.–(BUSINESS WIRE)– Link Media Outdoor (“Link”), a subsidiary of Boston Omaha Corporation (NASDAQ: BOMN), has completed the acquisition of substantially all of the operating assets of Waitt Outdoor, LLC (“Waitt Outdoor”), based in Omaha, Nebraska. Founded in 1999, Waitt Outdoor has grown to become one of the leading outdoor companies […]
