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FORT COLLINS -- A California company has snapped up one of Northern Colorado fastest-growing outdoor-advertising firms as part of its strategy to expand throughout the West.
Triumph Outdoor Holdings LLC, of Del Mar, Calif., purchased Outdoor Promotions LLC for an undisclosed amount in a deal that closed Aug. 5. Outdoor Promotions owner Gary Young sold the company after running it for 15 years and building annual revenues from $28,000 to $1.2 million.
young bought the company in 1984, eventually shifting its focus from billboards to street furniture and selling the billboard operation to Flack Outdoor Advertising.
The new emphasis has been good for the company.
"We enter into an agreement with the city to buy and maintain street furniture such as benches, bus shelters, pay-phone shelters and bike racks, and in...