Lumo Capital-backed LUMO Digital Outdoor completed the acquisition of GLOBOX.

Lumo Capital-backed LUMO Digital Outdoor, a provider of digital out-of-home advertising solutions, completed the acquisition of GLOBOX, a regional digital billboard operator. Financial terms were not disclosed. “Globox has created a very successful digital billboard business in the regions, and its acquisition is a natural fit and extension of the LUMO promise,” Phil Clemas, LUMO Digital Outdoor Co-Founder and CEO.