Vandalia, MO – Tri-Star Outdoor Advertising Company (“Tri-Star”) announced the divestiture of its 75 digital and static Outdoor Advertising displays in northeast Missouri.
Tri-Star executed successful OOH campaigns for businesses across Missouri for over thirty years, targeting the growing communities north of St. Louis. Drachman M&A Co. represented the seller. Terms of the deal were not disclosed.
Drachman M&A Co. CEO Max Drachman said the seller assembled a strong collection of assets in the midst of a revenue surge. Post-pandemic consumer behavior continues to benefit the OOH space. Traffic counts are rising, and advertisers continue to see exceptional ROI from investment in OOH. The industry’s M&A wave continues to build momentum, and the Midwest remains a very attractive region for acquirers looking to grow their holdings.
About Drachman M&A Co.
Drachman M&A Co. is a boutique firm focused on Mergers and Acquisitions of Outdoor Advertising and Tower assets. We provide guidance and strategic advice from a position of total transparency and complete alignment with the goals of our clients. Drachman M&A Co. is built on a foundation of trust, confidentiality, and integrity coupled with a reputation for persistence and delivering results for clients.