Audax Group has partnered with management to acquire AllOver Media (AOM) from the firm’s independent owners.
Headquartered in Minneapolis, Minnesota AOM operates an alternative out-of-home (AOOH) advertising platform in the US with a diverse set of advertising mediums at high-traffic indoor and outdoor locations. Founded in 2002, AOM’s core products are found at convenience stores and gas stations, on truck sides, and at a variety of indoor locations, including restaurants, shopping centres, and sports arenas.
Geoffrey S Rehnert, Co-CEO of Audax Group, says: “AllOver Media is a leading alternative out-of-home media company with an unparalleled reputation for providing innovative advertising products and exceptional service to their customers. We look forward to partnering with Tony Jacobson, Shaun Nugent, and the rest of the AOM team to continue growing the business organically and through strategic add-on acquisitions.”
Tony Jacobson, CEO of AllOver Media, says: “We are excited to have Audax as our new partner. Their track record of sourcing and integrating add-on acquisitions will supplement our growth and further enhance our ability to provide innovative advertising products to our customers."