Fulcrum Capital Partners Invests in Creative Outdoor Advertising
Fulcrum Capital Partners (“Fulcrum”), a leading Canadian private equity firm focused on the lower middle market, is pleased to announce its investment in Creative Outdoor Advertising (“COA”). COA marks the first investment in Fulcrum’s Private Equity Fund VI, which has recently completed a first close, and was made alongside multiple co-investors from Fund VI’s base of limited partners.
COA is a leading provider of street furniture advertising for local businesses across small and mid-sized municipalities throughout North America. COA currently operates and maintains more than 17,500 advertising faces in over 250 municipalities. COA is a rapidly growing platform, and with Fulcrum’s investment, the company’s experienced management team will be positioned to execute on new municipality partnerships and acquisitions.
“We are very excited to be partnering with Fulcrum,” said David Gray, Founder of COA. “With a long history of value creation in businesses like ours, we look forward to working with the Fulcrum team to bring our turn-key solution to new municipalities across Canada and the United States.”
Greg Collings, Partner at Fulcrum, said, “We are thrilled to invest in COA. The company has built a clear value proposition for municipalities and a strong reputation for superior reliability and service. Fulcrum looks forward to supporting COA’s continued growth across North America.”