Drachman Forms Out of Home M&A Firm
Tucson, Arizona, June 8th, 2021 – This is to announce the formation of Drachman M&A Co. to focus on Mergers and Acquisitions within the Out of Home and Digital Infrastructure sectors.
Burkett Media Sells San Antonio Assets to Outfront Media
With the news of Burkett Media’s sale of assets in San Antonio to Outfront Media, Insider reached out to Max Drachman at Kalil & Co. for details on the transaction.
Max Drachman: The Second Half of 2021 Should Be Active
Billboard Insider talked with Kalil and Company’s Max Drachman last week to get an update on the out of home transactions market.
Beau Burkett Sells Four San Antonio Digital Faces to OUTFRONT
Last week Burkett Media sold four digital faces in San Antonio to OUTFRONT. Max Drachman at Kalil and Co was the broker. Insider talked with Beau Burkett about the transaction.
Why aren’t more cellular antennas on billboards?
Cellular billboard antennas are the-next-big-thing-that’s-going-to-happen-but-never-does. Insider suspects this is because many billboards are in rural areas with little additional demand for cellular/wireless antennas.
Max Drachman On What Determines the Value of Your Out of Home Plant
On last week’s Billboard Insider podcast Insider commented that out of home values vary from 8 to 14 times cashflow. Reader Greg Hicks asked us to explain what factors cause the multiple to vary.
Investment Bankers Say OOH Valuations Steady Despite Covid
Last week PJ Solomon investment banker Mark Boidman suggested that bid ask spreads are widening in the out of home market. Insider asked some out of home investment bankers to comment and they suggested that while some buyers are discounting bids for…
Lindmark Outdoor Acquires New Mexico Assets From Del Outdoor
Kalil & Co. announced that Lindmark Outdoor Media had completed an acquisition with Yuma, AZ based Del Outdoor for their outdoor plant located in Albuquerque, NM.
Max Drachman on the InSite MediaCom/Trailhead Media Transaction
Kalil & Co. announced last night that InSite MediaCom had sold their assets in Georgia and South Carolina. Insider spoke with Max Drachman last night about the transaction.
Dealmakers say out of home multiples stable
Last Friday OUTFRONT CFO Matt Siegal suggested that out of home multiples are lower. Five investment bankers tell insider that there hasn’t been a dramatic shift in multiples.