Lamar Acquires Dyersburg Media Group in West Tennessee

For Immediate Release

April 17, 2025

Memphis, TN – Dyersburg Media Group (“DMG”) announced today the divestiture of its Outdoor Advertising Assets to Lamar Advertising (NASDAQ: LAMR). Drachman M&A Co. represented seller DMG in the transaction. Terms of the deal were not disclosed.

“Digital Outdoor Advertising in our markets is the dominant medium for local businesses. We were grateful to secure great locations on the busiest highways and interstates in the area to help our advertisers tell their stories. Lamar was great to work with, and we look forward to helping with the transition,” mentioned DMG owner, Julie Chaney.

Drachman M&A Co. CEO, Max Drachman, added the importance OOH assets have to their local communities.

“DMG did an excellent job securing the best sites within their markets, and this was obvious based on the breadth of their client base. This is a textbook tuck-in for Lamar where they can bolster their market position and add revenues while incurring no additional ground lease expense. We were pleased with the interest received for these assets and look forward to a strong 2025.”

About Drachman M&A Co.

Drachman M&A Co. is the leading Outdoor Advertising Mergers and Acquisitions firm in the United States. Drachman M&A Co. is built on a foundation of trust, confidentiality, and integrity coupled with a reputation for persistence and delivering results for clients. We provide guidance and strategic advice from a position of total transparency and complete alignment with our clients’ goals.