Veronis Suhler Stevenson To Announce Stake Deal

Media-focused private-equity firm Veronis Suhler Stevenson plans to announce Monday that it is acquiring a majority stake in alternative out-of-home advertising firm Brand Connections. The deal is valued at about $150 million.

New York-based Brand Connections creates outdoor advertising networks where marketers can reach a targeted group of consumers through a variety of approaches, from billboards to product sampling and ...