Acquisition enhances Branded Cities’ Manhattan presence
New York, NY – April 06, 2021 – Branded Cities, a premier Out-of-Home and iconic media company in North America, today announced the acquisition of a series of SoHo neighborhood spectaculars of City Outdoor, further increasing its footprint in the New York market.
The all-cash deal for the signs located at West Broadway and Grand Street represents the first in Manhattan’s hip and trendy SoHo neighborhood for Branded Cities.
“We are pleased to add these spectacular assets to our existing portfolio of New York inventory,” said Steven Ellman, Chairman & Chief Executive Officer of Branded Cities. “These highly visible signs in the sought-after SoHo neighborhood will provide brands the opportunity to reach and engage with audiences as they experience all that SoHo has to offer.”
Financial terms were not disclosed.
About Branded Cities
Branded Cities, which is owned by EL Media and Shamrock Capital, is a leading Out-of-Home media company with an integrated network of premier digital and static signage across North America. The digital and static media assets span across some of the largest markets in the United States and Canada (New York, Los Angeles, Chicago, Philadelphia, Toronto, Vancouver, Montreal and many more) and are situated in the country’s most valuable Out-of-Home environments such as Times Square, the Las Vegas Strip, West Hollywood, Union Station, Yonge – Dundas Square and Canada’s leading shopping centers. Branded Cities empowers brands to deliver impactful and engaging messages to North America’s most desirable, hard-to-reach audiences. EL Media is an affiliate of The Ellman Companies (“Ellman”). Ellman is a privately-owned media, real estate and investments group founded in 1972 with diverse interests in the U.S., Canada and the Caribbean.
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Press Contact:
Vaibhav Gupta
EVP/Chief Operating Officer
602-224-3106
vgupta@brandedcities.com