Announced
Completed
Financials
Tags
Private
Acquisition
Completed
outdoor advertising
Friendly
Domestic
Media Agencies
Single Bidder
United States
Majority
Synopsis
Lamar Advertising, an operator of outdoor advertising and logo sign displays, completed the acquisition of Colossal Media, an operator of hand-painted walls and murals. Financial terms were not disclosed. "Colossal has set the standard for colorful, creative artwork that brightens city landscapes, creates buzz and produces results for the world’s best-known brands. Kelly and her outstanding team are well-positioned for further growth, and we at Lamar look forward to partnering with them to lift Colossal to new heights of success," Sean Reilly, Lamar CEO.
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