Adams Outdoor Advertising completes acquisition of Triad Outdoor Advertising's 75 Display Faces in Piedmont-Triad / Greensboro Market
Sep 04, 2024•over 1 year ago
Acquiring Company
Adams Outdoor Advertising
Acquired Company
Triad Outdoor Advertising
Description
Adams Outdoor Advertising has acquired all of Triad Outdoor Advertising’s billboard assets, including 75 display faces, in the Piedmont-Triad / Greensboro Market as of September 1, 2024. This acquisition expands Adams’ footprint and strategy in North Carolina, connecting its core inventory in Charlotte with its Winston-Salem inventory along the I-77 and I-85 corridors.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed