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 […]
By Chris Stark and Craig Berry, Stark Capital Solutions With more than two-decades of industry experience, we at Stark Capital Solutions have had our fair share of questions being asked by operators all around the country interested in what other billboard companies are up to. Most often they want to […]
Out of Home financing is a specialized form of finance. To save you the time and trouble of having to educate your lender on the ins and out of out of home here’s an alphabetical list of 51 out of home lenders prepared by SignValue and Billboard Insider. We’ve included […]
By Craig Berry, Stark Capital Solutions Stark Capital focuses in two niche Industries: Billboards and Cell Towers. Our two cents on the comment: “Towers are selling for 20-30 times tower cash flow, and typically getting over 20 offers per engagement” is a very accurate assessment of the current Tower M&A […]
By Chris Stark, Stark Capital Solutions When I got started in the billboard industry over 20 years ago, valuations of billboard transactions were always referred to in terms of a multiple of revenue. Wow, valuation talk was so simple back then! There is no doubt that acquirers back then were […]
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 […]
The economy and the OOH industry has had a strong run over the last ten years. Cash flows are strong, profits are up and our values have been at all time highs. It has been good times for banks too, especially in the last two years. Their profits have been […]
