Searchlight Capital Partners and BCI Invest in Adams Outdoor Advertising

Adams Outdoor Advertising Acquires Scotty Outdoor

September 30, 2025

Marketing & Advertising

Adams Outdoor Advertising has acquired Scotty Outdoor, adding 132 static billboard faces and 3 digital faces across North and South Carolina. The acquisition expands Adams' out-of-home footprint across key Carolina markets (from Boone and Charlotte to Emerald Isle and Columbia), strengthening its regional advertising coverage.

Adams Outdoor Acquires Chesapeake Outdoor

June 17, 2025

Media & Entertainment

Adams Outdoor Advertising acquired Chesapeake Outdoor, adding 181 static billboard faces and expanding its footprint in the Norfolk/Virginia Beach market and into the Salisbury–Ocean City, MD DMA. The acquisition strengthens Adams' regional presence on the Eastern Shore of Virginia and Maryland and will be integrated under Adams' Norfolk operations.

Adams Outdoor Advertising Acquires Cee Media

January 13, 2025

Marketing & Advertising

Adams Outdoor Advertising, the fourth-largest out-of-home operator in the U.S., has acquired Wisconsin-based billboard company Cee Media, adding Cee Media's network of roughly 100 billboards to its portfolio. The acquisition expands Adams' footprint across central Wisconsin and strengthens its mix of static and digital out-of-home advertising locations for local and national advertisers.

Searchlight Capital Partners and BCI to Acquire Consolidated Communications for $3.1 Billion

November 20, 2024

Telecommunications

Consolidated Communications Holdings is set to be acquired in an all-cash transaction valued at approximately $3.1 billion by affiliates of Searchlight Capital Partners and British Columbia Investment Management Corporation (BCI). The deal is expected to close in late 2024 or early 2025, subject to regulatory approvals and other customary closing conditions.

Fulcrum Capital Partners Invests in Creative Outdoor Advertising

September 10, 2021

Media & Entertainment

Fulcrum Capital Partners, alongside co-investors from its Fund VI limited partners, has made a growth investment in Creative Outdoor Advertising (COA), a provider of street furniture out‑of‑home advertising. The capital will support COA’s expansion across North America through new municipality partnerships and acquisitions.

Lighthouse Equity Acquires AdPerfect

May 24, 2016

Cloud & SaaS

Vancouver-based private equity firm Lighthouse Equity Partners has acquired AdPerfect, a Vancouver, British Columbia–based SaaS provider of self-serve, web-based classified and display advertising solutions for publishing groups. Progress Partners advised AdPerfect on the sale; Lighthouse said the acquisition supports its focus on investing in innovation-driven, small- and mid-sized Western Canadian businesses.