July 22, 2025
Vendo Media has officially acquired Canada Billboards and 100% of the shares.
Canada Billboards operates six digital outdoor billboard faces in Kingston and Windsor, Ontario. The company additionally has a substantial growth pipeline of leased and permitted sites for digital outdoor billboards, including on federal lands in key regions in Canada, according to a press release.
"Our continued focus on enhancing our platform value for advertisers was a key determinant for this share acquisition and we intend to fully build the growth pipeline in addition to successfully operating the existing asset base", James McDonnell, Vendo Media CEO, said in the release.
With the completion of the transaction, Vendo owns and operates 81 digital outdoor billboards across Canada; including British Columbia, Alberta, Manitoba, Ontario, and Nova Scotia.
"This sale to Vendo was a logical next step after years of working together successfully. The move ensures our customers and real estate partners will continue to be supported with greater resources, broader capabilities, and long-term stability. I'm confident they're the right partner to carry our mission forward, and I'm excited to watch what comes next.", Shannon Conheady, former founder and CEO of Canada Billboards, said in the release.
Vendo Media operates over 460 digital outdoor billboards across 110-plus markets.