Adams Outdoor Advertising Acquires Outdoor Assets
This is to announce the closing on outdoor assets in North Carolina and Virginia from Toby Outdoor to Adams Outdoor Advertising.
The Seller, Toby Outdoor, is a North Carolina-based company headed by Jim Troy.
Jim says, “It’s extremely gratifying to have the opportunity to sell these assets to a first-class organization that truly appreciates their quality. It’s been a joy working with everyone at Adams! Happy New Year indeed!”
The Buyer, Adams Outdoor Advertising, is a Minnesota-based company headed by Kevin Gleason. Kevin says, “The acquisition of Toby Outdoor is a beautiful gift with which to end the year for Adams Outdoor. We want to thank Jim Troy for building and operating such a fantastic portfolio of assets and for giving us the opportunity to expand our footprint in North Carolina. Happy New Year!”
KALIL & CO., INC. is the broker for this transaction.
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