Billboard Valuation & Advisory Services
BPO Alerus Bank & Fluhman Outdoor
Billboard Joe's Acquisition of Fluhman Outdoor's Out-of-Home (OOH) Displays
SignValue is pleased to announce the successful completion of a Broker Price Opinion (BPO) for Alerus Bank, involving Billboard Joe’s acquisition of 458 Out-of-Home (OOH) displays from Fluhman Outdoor. Fluhman built a quality inventory of steel structures, including a few digital displays, and coverage across 50+ communities in west Texas and the Permian Basin. The divestiture marks the formation of Billboard Joe, LLC, through the consolidation of Ogden Resources of Texas and Oklahoma and Impala Outdoor. Post-acquisition Joe Ogden at Billboard Joe, LLC now operates one the largest independent plants in Texas. A special thanks to Elliott Loutsch with Alerus Bank for your continued trust in SignValue.
SignValue provides OOH brokerage, valuation, and advisory services for client’s digital and static billboards nationwide.
Contact [email protected] or (480) 657-8400 with any questions.
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