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Adams Outdoor Expands Mid-Atlantic Presence with Acquisition of Chesapeake Outdoor

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Adams Outdoor Advertising today announced the acquisition of Chesapeake Outdoor, a well-regarded regional out-of-home (OOH) media company serving the Eastern Shore of Virginia and Maryland. This marks Adams' seventh strategic acquisition in just nine months, further strengthening its footprint in the fast-growing Norfolk/Virginia Beach market.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250617685562/en/

Chesapeake Outdoor Inventory being acquired by Adams Outdoor Advertising

Chesapeake Outdoor Inventory being acquired by Adams Outdoor Advertising

The acquisition adds 181 static billboard faces to Adams' portfolio, enhancing its market penetration and expanding its ability to deliver value to advertisers across one of the East Coast’s most dynamic corridors. This move aligns with Adams’ ongoing strategy to grow its presence in high-opportunity regional markets through targeted expansion.

“This acquisition is a strong continuation of our disciplined growth plan,” said Kevin Jones, CEO of Adams Outdoor Advertising. “The Norfolk and Virginia Beach region is experiencing significant momentum—from rising population and robust tourism to a thriving commercial landscape. Chesapeake Outdoor’s static assets complement our existing network and allow us to deepen our reach and service in this critical market.”

Jim Balestino, General Manager of Adams Outdoor’s Norfolk branch, will lead the integration and oversee operations across the expanded territory.

“This is a major step forward for both our team and our clients,” said Balestino. “Chesapeake Outdoor’s inventory significantly enhances our coverage in the Norfolk/Virginia Beach area and allows us to offer clients expanded reach along the fast-growing Eastern Shore of Virginia. It also marks our entry into the Salisbury–Ocean City, MD DMA. Adams will now offer a broader reach to brands aiming to make a meaningful impact. We look forward to building on Chesapeake’s strong foundation and delivering even greater results.”

The Norfolk/Virginia Beach area continues to attract strong advertiser demand due to its unique mix of urban density, military presence, growing tourism economy, and economic diversification. With the integration of Chesapeake Outdoor, Adams is well-positioned to meet this demand with increased scale, operational efficiency, and a continued commitment to premium service and community engagement.

Max Drachman of Drachman M&A Co. represented Adams Outdoor in the transaction.

About Adams Outdoor Advertising

Adams Outdoor Advertising is the nation’s fourth-largest out-of-home advertising company and is privately held. A leader in the industry, Adams delivers high-impact, creative advertising campaigns across key U.S. markets. With a focus on innovation and strategic growth, the company connects brands with audiences through a premium portfolio of static and digital billboards.

This marks Adams' seventh strategic acquisition in just nine months, further strengthening its footprint in the fast-growing Norfolk/Virginia Beach market.

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