Fairway Media Group was the 4th largest traditional out-of-home advertising company in the U.S. with approximately 20,000 bulletin, poster and LED displays reaching audiences in 20 states with a strong presence in the Southeast and Midwest.
MidOcean identified Olympus Media, a predecessor to Fairway Media Group, LLC, as a leading regional outdoor advertising company in the U.S. with significant organic and acquisition growth opportunities. In November 2010, MidOcean acquired a majority stake in Olympus Media that facilitated the company's purchase of two strategic assets. In June 2012, Fairway Outdoor and Olympus Media merged, in an all stock transaction, to form Fairway Media Group, LLC. Under MidOcean's ownership, the Company completed 6 strategic acquisitions, significantly expanding its footprint. MidOcean exited its investment in January 2015.
Strategic Growth Through Acquisition |
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Mashburn Outdoor Assets |
2014 |
YESCO Outdoor Oklahoma Assets |
2013 |
Assets in Carnegie, PA |
2012 |
Assets in Bridgevillle, PA |
2011 |
Assets in Williamson, GA |
2011 |
Georgia Outdoor Advertising |
2011 |