SignValue Facilitates Successful Acquisition of Digital Out-of-Home Displays in Lynchburg Market.
SignValue is pleased to announce the successful completion of a Broker Price Opinion (BPO) for First National Community Bank, in support of McWhorter Media Group’s acquisition of 8 digital Out-of-Home (OOH) displays from Southeastern Media Corporation.
Southeastern was founded in 2012 by 20-year-old Robert Wallace. With four owned structures and three under management, Southeastern is, as of today, the only class A licensed billboard and sign contractor in Lynchburg, Virginia. We look forward to seeing what the future holds for this very accomplished young man!
The sale marks McWhorter’s entry into the Lynchburg market, complementing their already established presence in Virginia’s Charlottesville and Richmond regions, and further bolstering their footprint on the Eastern Seaboard between Pittsburgh and Augusta. We congratulate CEO Josh McWhorter and his team on the acquisition and wish them nothing but the very best as they grow into a regional powerhouse under his leadership.
Finally, SignValue would like to extend our warmest thanks to Dan West of First National Community Bank in Cartersville, Georgia. Dan, thank you for entrusting us to play a small but critical role in this transaction. It was our privilege to work with you, and we hope to do so again in the very near future.
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