M&A Deal Summary

Adams Outdoor Acquires TDO Advertising

On September 30, 2025, Adams Outdoor acquired marketing company TDO Advertising

Acquisition Highlights
  • This is Adams Outdoor’s 5th transaction in the Marketing sector.
  • This is Adams Outdoor’s 5th transaction in the United States.
  • This is Adams Outdoor’s 1st transaction in Ohio.

M&A Deal Summary

Date 2025-09-30
Target TDO Advertising
Sector Marketing
Buyer(s) Adams Outdoor
Deal Type Add-on Acquisition

Target

TDO Advertising

Toledo, Ohio, United States
TDO Advertising is an out-of-home advertising provider with 70 billboard displays, including 18 digital and 52 static faces across the Detroit, MI (#14), and Toledo, OH (#71) DMAs. TDO Advertising was formed in 2015 and is based in Toledo, Ohio.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Adams Outdoor

Lansing, Michigan, United States

Category Company
Founded 1983
Sector Marketing
DESCRIPTION

Adams Outdoor is an outdoor and location-based advertising firm, whose goal is to form marketing partnerships with advertisers providing them with the best media strategies. Adams Outdoor was formed in 1983 and is headquartered in Lansing, Michigan.


DEAL STATS #
Overall 5 of 6
Sector: Marketing M&A 5 of 6
Type: Add-on Acquisition M&A Deals 5 of 6
State: Ohio M&A 1 of 1
Country: United States M&A 5 of 6
Year: 2025 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-17 Chesapeake Outdoor

Onley, Virginia, United States

Chesapeake Outdoor is an outdoor advertising company on the Eastern Shore of Virginia and Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-09 Scotty Outdoor

Snow Hill, North Carolina, United States

Scotty Outdoor is an out-of-home advertising provider.

Buy -