Fairway Outdoor Advertising LLC
Acquired: October 2009
Themes: Deep Value, Turnaround,
Industry Rollup
Location: Augusta, GA
Website: www.fairwayoutdoor.com
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Fairway Outdoor Advertising LLC is the fifth largest outdoor advertising company in the United States and one of the largest privately held companies in the industry. Fairway has approximately 20,000 billboard and poster displays located in 22 states throughout the Southeast and Midwestern United States. Fairway was acquired by ACON from Morris Publishing Group as part of the Morris debt restructuring in October 2009. Concurrent with the acquisition, Fairway was merged with Magic Media Inc, ACON’s heritage portfolio company in the outdoor advertising space, which was acquired in March 2004.
Status: Active |