QMS Media to acquire a majority stake in MediaWorks from Oaktree Capital Management.

QMS Media, a leading digital Outdoor media company, providing clients and agencies with dynamic and innovative advertising solutions, agreed to acquire a majority stake in MediaWorks, a company involved in various media-related activities, including digital marketing, radio broadcasting, and training programs from Oaktree Capital Management, a global investment firm. Financial terms were not disclosed. “I’m excited about this milestone in our company’s history. Since 2019, MediaWorks has built a strong relationship with QMS, and this transaction marks the next chapter in our partnership. Together, we are bigger, stronger, and better positioned to deliver market-leading audiences to clients across the region," Wendy Palmer, MediaWorks CEO.