OUTFRONT Media acquires
Burkett Media Outdoor Assets in Dallas
Texas transaction involves premier digital displays
DALLAS, TX. – Burkett Media announced today the divestiture of spectacular out-of-home advertising assets in the Dallas-Fort Worth metroplex to OUTFRONT Media.
OUTFRONT owns one of the largest and most diverse sets of out-of-home assets in North America. Drachman M&A Co. represented seller Burkett Media in the transaction. Terms of the deal were not disclosed.
Burkett Media Founder Beau Burkett said the sale to OUTFRONT made good business sense for his company.
“It has been a pleasure working with OUTFRONT on this transaction,” Burkett said. “We know they will do very well with these assets.”
Drachman M&A Co. CEO & Founder, Max Drachman, said deal flow in North Texas has been significant and is expected to continue in 2022.
“The Dallas-Fort Worth Metroplex is one of the hottest markets for out-of-home advertising in the country, and we expect to see more activity in the near future,” Drachman said.
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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