SOURCE: PALAZZO Investment Bankers

PALAZZO Investment Bankers

December 18, 2012 10:10 ET

PALAZZO Adds David Abraham as Managing Director

Senior Executive Will Fold His Operation Into PALAZZO'S Growing Marketing Services M&A Firm

NEW YORK, NY--(Marketwire - Dec 18, 2012) - PALAZZO (, a boutique investment bank serving marketing services, interactive, information, and new media companies, today announced that David Abraham has joined as Managing Director.

Abraham has consolidated his firm, DAC Media Capital, into PALAZZO, and will work with PALAZZO clients to provide financial advisory and M&A-related activity, alongside founder and President Philip Palazzo, Jr. He brings deep skills in corporate finance, focusing on mergers and acquisitions and financial performance strategy development, among other activities.

As General Partner of DAC Media Capital, Mr. Abraham completed over $800 million in private capital market transactions, many focused in cable television, broadcasting, and content. In his long career in both operations and finance, he has completed numerous placements of debt and equity, and has managed both sales and acquisitions. 

"PALAZZO's growth is enormously attractive," said Abraham. "I welcome the opportunity to partner with Phil, Gary Palermo, and the rest of the team in addressing our clients' ongoing need for sound advice and wise counsel." 

"David's banking and technical background gives him uncommon expertise that not only will expand what we offer, but also will serve the needs and interests of our clients," added founder Phil Palazzo. "I look forward to working with both David and Gary as we continue to serve clients and be responsive to the marketplace."

PALAZZO is a boutique investment bank with a singular focus on creating value and wealth for owners and stakeholders of marketing services, interactive, digital, information, and new media companies. PALAZZO's suite of advisory and acquisition services, combined with our ability to deliver superior results, makes us the partner of choice for agencies intent on improving performance, or considering an M&A transaction.

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