Fluhman Outdoor Media Divests South Texas Division to Tooley Media
Amarillo, TX – Fluhman Outdoor Media announced today the divestiture of its South Texas Division to Tooley Media.
Fluhman Outdoor Media is one of the fastest growing Outdoor companies in Texas, featuring over 400 faces in West Texas and 80 faces eastern New Mexico, with a strong presence in the Permian Basin. Tooley Media is part of the Choice Media platform with approximately 1,000 faces in Texas, from Amarillo to Waco and many markets in between.
This transaction will allow Fluhman Outdoor Media to focus on its core market area, while Tooley Media enhances its coverage in South Texas.
Drachman M&A Co. CEO Max Drachman said the two companies represent a rich tradition in the Texas out-of-home industry.
“This marks our first deal between former high school classmates,” Max Drachman said. “There must have been a compelling OOH education program at Canyon High School in Texas. By my count, there are at least six different Outdoor companies run by its alumni, with one of their former football coaches holding a senior position as well.”
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.
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