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New Deal


Announced

Completed

Lamar Advertising completed the acquisition of Colossal Media.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Completed

outdoor advertising

Friendly

Domestic

Media Agencies

Single Bidder

United States

Majority

Synopsis

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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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