WILDSTONE Capital, Europe’s leading owner of outdoor media infrastructure have acquired Space Outdoor and appointed its Managing Director, Andrew Foster as Development Director.
Hammersmith-headquartered Wildstone have made the acquisition as part of their ongoing expansion of the business which has grown tenfold over the past eighteen months. The company founded in 2010 by Damian Cox, is one of the most prominent aggregators of outdoor media assets in the UK, with a growing presence across Europe.
The purchase of Space Outdoor enhances Wildstone’s out-of-home advertising assets and expands the portfolio across the UK.
Damian Cox, founder and Global CEO of Wildstone, said:
“Space Outdoor is a tremendous company with an amazing group of assets which complements our portfolio. Andrew and his team will be paramount to our future expansion plans both in the UK and Europe. This is a great acquisition, both for the assets we have purchased, but also for the team we inherit, which has vast amount of knowledge and experience within the sector.”
Space Outdoor are specialists in the acquisition and development of outdoor advertising sites across the UK. The company was founded in 2009 and operates a significant number of digital and non-digital media assets nationwide.
Andrew Foster, founder and Managing Director of Space Outdoor, will be joining Wildstone’s Leadership Team as Development Director. Andrew has an exemplary background in the OOH sector bringing over 30 years of experience operating at the top of the billboard development industry.
“Owning and growing Space Outdoor has been enjoyable and rewarding. However, the opportunity to become a part of this dynamic and forward-thinking company, with its talented team and outstanding resources in every department benefits all parties involved.
I will use my experience in this business to secure substantial additional growth for Wildstone across the billboard industry and look forward to providing additional sites and securing additional revenue for our landlords.”