Dynamic Outdoor Media Divests Static and Digital Assets to Lamar
Message for Drachman M&A Co.
Dynamic Outdoor Media Divests
Static and Digital Assets to Lamar
March 3, 2022
SAN ANGELO, Tx. – Dynamic Outdoor Media (“Dynamic”) announced today the divestiture of their static and digital Outdoor Advertising Assets in San Angelo, Texas to Lamar.
Dynamic is an affiliate of Choice Media, a prominent independent operator with a footprint that stretches across west Texas, with coverage from Odessa north to Amarillo. Dynamic’s owners, Ty and Shanna Jones, saw San Angelo as an island within their footprint, and recognized their assets may be a better fit with a company that has more local infrastructure to assist businesses with their advertising needs. Drachman M&A Co. represented the seller in the transaction. Terms of the deal were not disclosed.
“We were happy to work with Lamar in closing this transaction. We appreciated the practical nature of the negotiations and know they will do very well with these assets,” Ty Jones said. “We look forward to focusing more closely on our core footprint and continuing to build value in this amazing world of Outdoor Advertising.”
Drachman M&A Co. CEO & Founder Max Drachman was happy to work with the Tooley family again.
“The Tooley family has been in this business for decades and working with their second-generation operators in closing this deal was very gratifying.” Drachman said. “Ty and Shanna did a great job with this portfolio, and we are happy to see it come to a successful conclusion.”
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.
Subscribe to OOH Today. Help us Help You by keeping the only Independent Voice for OOH free