Tuesday, November 9, 2010

Palazzo Advises Grupo Gallegos on Purchase of Nine Two

NEW YORK, NY--(Marketwire - November 9, 2010) - PALAZZO Advisory | Acquisition (http://www.palazzonyc.com/), a leading M&A and financial advisory firm serving marketing services, interactive, information and new media companies, acted as financial advisor to Grupo Gallegos, the Hispanic-focused, independent, creatively driven, marketing solutions company in its acquisition of Nine Two, a general market advertising and marketing agency with a specialty in promotions. The deal closed November 8.

"Over the last decade, Grupo Gallegos has grown into an industry leader in the development of creative ad and marketing campaigns," PALAZZO's Founder and President Philip Palazzo, Jr, said. "Bringing Nine Two into its fold increases Gallegos' breadth of offering and ability to reach more consumers in critical areas."

This deal for Grupo Gallegos is part of the agency's effort to respond to and anticipate its clients' needs for integrated campaigns with targeted messages that play across many countries, cultures and subcultures. Nine Two will allow Grupo Gallegos to offer a broader spectrum of services to its growing client roster.

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