Lamar Advertising Company Acquires Colossal Media
December 7, 2021
Lamar Advertising Company acquired Colossal Media, a hand-painted wall and mural outdoor-advertising operator that runs 81 large-format displays across New York, Los Angeles, Chicago and other U.S. cities. Colossal CEO Kelly Peppers will remain in place; the company was purchased from co-founders Paul Lindahl and Adrian Moeller for an undisclosed price.
- Buyers
- Lamar Advertising Company
- Targets
- Colossal Media
- Sellers
- Paul Lindahl, Adrian Moeller
- Industry
- Media & Entertainment
- Location
- New York, United States
- Transaction Type
- Buyout
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