SOURCE: PALAZZO Investment Bankers

PALAZZO Investment Bankers

November 28, 2012 11:04 ET

PALAZZO Hires Gary Palermo as Managing Director

Senior Executive Brings Broad Operating and Financial Expertise to Thriving Marketing Services M&A Firm

NEW YORK, NY--(Marketwire - Nov 28, 2012) -  PALAZZO (, a boutique investment bank serving marketing services, interactive, information, and new media companies, today announced that Gary Palermo has joined as Managing Director.

Palermo will work with PALAZZO clients to provide financial advisory as well as guide M&A-related activity, alongside founder and President Phillip Palazzo, Jr. Using his experience and background as a strategic deal maker and trusted advisor, he will provide long-term, holistic solutions for PALAZZO's clients, focusing on mergers and acquisitions and financial performance strategy development, among other activities.

Mr. Palermo joins PALAZZO from M&A and business advisory firm Foster Hunt, where he served as Managing Director. He previously was Executive Principal-COO of Publicis Groupe Dialog division, managing integrated marketing services, including direct marketing, interactive, sales promotion and public relations, with a focus on fully integrated advertising and marketing services.

Prior to joining Publicis, Mr. Palermo was an agency principal and Executive Vice President/CFO of Gramercy Group. He also served as Vice President of Carlson Healthcare Communications, specializing in Rx & OTC marketing initiatives for physicians, patients, and consumers.

"Phil Palazzo's relationship-driven principles and extensive operating expertise are what make PALAZZO compelling to clients," said Palermo. "I look forward to leveraging my operating and banking experience and skills on their behalf."

"Gary is a both an experienced banker and a hands-on operator, which is wholly consistent with our firm's philosophy, and is a combination our clients will inevitably rely on," added founder Phil Palazzo. "I look forward to working with Gary to continue building the PALAZZO practice."

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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