Turner Ashby Capital Acquires HC Luxury Outdoor

Turner Brothers Acquires Woodland Tilt-Up to Expand into South Florida

October 16, 2023

Construction

Turner Brothers, LLC, a Massachusetts-based concrete building services company, has acquired Woodland Tilt-Up, Inc., a Florida-based specialty tilt-up construction contractor, to establish a presence in South Florida. The acquisition supports Turner Brothers’ strategic expansion into the Southeast to better serve commercial, multi-family, residential, and distribution clients.

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.

Turnspire Capital Partners Acquires GHP Group

October 2, 2024

Consumer Products

Turnspire Capital Partners, through an affiliate, has acquired GHP Group Inc., a Niles, Illinois–based designer and supplier of outdoor living and indoor heating consumer products (brands include Dyna-Glo, Bond, Pleasant Hearth and Vitapur). Turnspire said it will support GHP with operational improvements, new product development and organic growth initiatives. Wilkie Farr & Gallagher acted as legal counsel and William Blair served as financial advisor to Turnspire.

Coastal Luxury Outdoors (Carl Capital) Acquires Multiple Pool Service Companies in Northeast Florida

October 29, 2024

Construction

Coastal Luxury Outdoors, a portfolio company of Carl Capital, acquired a series of local pool businesses across Jacksonville and St. Augustine, Florida, including Andy's Pools, BAP Pools, Gene's Pool Service, Purple Heart Pools, the maintenance division of Crown Pools, United Pool Service, Suncaster Pools, and The Pool Chick. The add-on acquisitions expand Coastal Luxury Outdoors' service capabilities, geographic footprint and maintenance capacity in the luxury outdoor living and pool market.

Trailhead Media Acquires Horton Outdoor Advertising Assets

November 1, 2021

Marketing & Advertising

Trailhead Media, a Mississippi-based out-of-home advertising operator backed by investor Viking Global, purchased Horton Outdoor’s billboard assets, including 146 structures (324 faces) with 47 digital displays concentrated north of Atlanta and in parts of Alabama and Florida. The assets were previously held by Horton Outdoor, a portfolio company of McWhorter Capital Partners; terms were not disclosed and Drachman M&A Co. represented the seller.

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.