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 […]
It’s a seller’s market in out of home. Billboard Insider is aware of 5 transactions which closed yesterday. Juggernaut Media divested assets in Phoenix. Media Choice acquired Kramerica Outdoor Advertising in North Texas Lindmark Media acquired Quail Outdoor in New Mexico and 77 static displays from Griffin Media in Tulsa, […]
Max Drachman of Drachman M&A Co. sent us a summary of his comments at the Out of Home mergers and acquisitions panel which Billboard Insider moderated at last week’s IBOUSA show. There’s been an uptick in multiples in the last six months. Market share is becoming more valuable. Digital billboards […]
Max Drachman has announced the formation of Drachman M&A Company to focus on out of home and digital infrastructure mergers. Insider talked with Max about the venture. Max, congratulations on your announcement! Thanks Dave. We are excited to get started. You were with Kalil & Co. for 12 years, any […]
Tucson, Arizona, June 8th, 2021 – This is to announce the formation of Drachman M&A Co. to focus on Mergers and Acquisitions within the Out of Home and Digital Infrastructure sectors. Founded by CEO Max Drachman, the firm launches with nationwide expertise in acquisition and divestiture advisory services. Joining Max […]
Billboard Insider talked with Kalil and Company’s Max Drachman last week to get an update on the out of home transactions market. Max, how is 2021 shaping up in terms of deal volume? The year started a bit slower than usual, however it is picking up in a hurry. We […]
Last week Burkett Media sold four digital faces in San Antonio to OUTFRONT. Max Drachman at Kalil and Co was the broker. Insider talked with Beau Burkett about the transaction. What did you sell? Two signs (four digital units total) all 14x48s. I spent over a year working to craft […]
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 […]
On last week’s Billboard Insider podcast Insider commented that out of home values vary from 8 to 14 times cashflow. Reader Greg Hicks asked us to explain what factors cause the multiple to vary. We asked out of home broker Max Drachman of Kalil and Co to comment: That’s a […]
