Russ Curry, Ministry of New Media
Lindmark Outdoor Media announced this week the purchase of 550 Outdoor Advertising displays from Look Outdoor Advertising. We are told that this fills a strategic geographic gap within the Lindmark portfolio.
Lindmark Outdoor Media is one of the largest privately held outdoor advertising companies in the United States with over 6,000 faces in its inventory. Drachman M&A Co. represented Lindmark Outdoor Media in the transaction. Terms of the deal were not disclosed.
Trent Lindmark, company founder and President told us “We are thrilled to bring this transaction to a close. I’ve known Johnny for over 25 years and have always appreciated his integrity and commitment to doing right by others. We will be good stewards of this inventory going forward”.
Look Outdoor Advertising Partner and General Manager Johnny Rusten said the sale of his company’s assets was something that made sense for their ownership group. The company has been in business since 1994.
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