Local Media Outdoor is pleased to announce that the company has acquired 116 faces in North Carolina and South Carolina from Myrtle Beach Outdoor. Williamson & Associates represented Myrtle Beach Outdoor in the transaction.
This acquisition enhances Local Media’s coverage in their core markets of North and South Carolina. Terry Harkins, General Manager at Local Media Outdoor, says “we are excited about the MBO acquisition as it fits into, as well as extends, our current footprint in the Carolinas. Anne Jernigan had a well buttoned up operation on both contracts and her lease portfolio that will make this a very seamless transition for us”.
Anne Jernigan, Managing Member of Myrtle Beach Outdoor, adds “we are delighted to have completed this sale to Local Media. Our company has had other interested buyers, but Terry Harkins and Local Media were ultimately the perfect fit. These assets will make a great addition to their coverage area in North and South Carolina and they were a pleasure to work with! It was a smooth transaction all around as we were fortunate to have Marty and Amber of Williamson & Associates representing us”.
Williamson & Associates President & CEO, Marty Williamson said “We are extremely happy for Anne Jernigan at Myrtle Beach and Terry Harkins at Local Media for completing this transaction. Anne has done an outstanding job selling and managing the MBO assets. Her many loyal and long-term advertisers create a solid base for Local Media to continue their growth in these areas”.
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