Jan. 18, 2022
Nelson Mullins represented Levin Industries, dba Whiteway Outdoor, an outdoor advertising company based in Atlanta, Georgia, in its sale of 18 premier outdoor advertising displays in the Atlanta metro market.
This family-owned company has been doing business in the advertising industry for three generations with the mission of bringing spectacular outdoor billboards to Atlanta, a mission that was inspired by founder Sol Levin’s experience with “big city signage” during a visit to Times Square in the 1960s.
This transaction was bittersweet for CEO David Levin, who acknowledged that the deal represented the right business decision for the shareholders, but added that it was difficult to bid farewell to assets that have been in the Levin family for decades.
Levin noted that the assistance from Perry and Jim Johnsen of Johnsen, Fretty & Co. LLC (Investment Banker) made the transaction go smoothly. “Jim and Jeff were invaluable in getting this transaction across the goal line” he said.
The Nelson Mullins team representing Whiteway Outdoor was led by Atlanta partner Jeff Perry, and also included partner Michael Hollingsworth, and associate Gabrielle Gollomp.
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