Lindmark Outdoor Media Acquires Tulsa inventory from Griffin Outdoor

Lindmark Outdoor Media acquires

Tulsa static inventory from Griffin Outdoor

Oklahoma transaction involves high-quality static displays

TULSA, OK. – Lindmark Outdoor Media announced today the purchase of 77 static Outdoor displays from Griffin Outdoor, a significant move by Lindmark in the Oklahoma market.

Lindmark Outdoor Media is one of the largest privately held Outdoor companies in the United States with over 5,500 faces in its inventory. Drachman M&A Co. represented Lindmark Outdoor Media in the transaction. Terms of the deal were not disclosed.

Lindmark said the transaction was a strategic move for the company that will allow it to better serve its advertisers.

“Tulsa is a strong market right in the middle of our footprint, so it is a natural fit.  We look forward to taking the baton from the good people at Griffin and adding this inventory to our portfolio,” said Trent Lindmark, company founder and President.

“Tulsa is a strong market right in the middle of our footprint, so it is a natural fit.

Griffin Outdoor said the recent divestiture will allow them to focus resources on their digital network.

“Overall, we remain bullish on the out-of-home industry. That said, when we received the unsolicited interest from Lindmark, we thought the valuation was attractive and look forward to continuing to grow our digital assets that are a better fit for our operating philosophy,” said Brown Douglas, Director of Griffin Outdoor.

Drachman M&A Co. CEO & Founder, Max Drachman, said shifting business models in the industry around both static and digital structures will support future deals for years to come.

“As the out-of-home industry continues to grow, companies are focusing in on their areas of expertise and driving value,” Drachman said.

“As the out-of-home industry continues to grow, companies are focusing in on their areas of expertise and driving value,”

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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