Cannello Agency, Inc.

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Cannello Agency, Inc. - overview

Established

1961

Location

Niagara Falls, NY-New York, US

Primary Industry

Insurance

About

Cannello Agency is a marketing firm that delivers tailored branding and digital marketing solutions. Their services aim to enhance visibility and engagement for businesses in diverse sectors. Founded in 1961, Cannello Agency operates out of Niagara Falls, US, providing innovative marketing solutions. The agency was acquired by Confie Seguros, a portfolio company of ABRY Partners, in February 2013.


The firm has engaged in a single deal since its inception. Cannello Agency specializes in providing innovative marketing and branding solutions tailored to the unique needs of businesses across various sectors. Their core offerings include comprehensive digital marketing services, such as social media management, content creation, and search engine optimization, aimed at enhancing brand visibility and engagement. The agency also provides strategic consulting services that help clients develop effective marketing strategies and campaigns.


Serving a diverse clientele, Cannello Agency caters to small and medium-sized enterprises as well as larger corporations in industries such as retail, technology, and hospitality. Their products are primarily marketed in North America and parts of Europe, addressing the growing demand for digital transformation in marketing. Cannello Agency generates revenue through a structured service model that encompasses both project-based engagements and ongoing service subscriptions. Clients typically enter into agreements for specific marketing campaigns or opt for retainer-based contracts for continuous support and strategy development.


These transactions often involve tailored pricing plans, reflecting the complexity and scope of the services provided, which may include flagship offerings such as branding workshops or targeted advertising campaigns. The agency's revenue streams are bolstered by a combination of direct-to-consumer engagements and B2B partnerships, ensuring a stable flow of income from a variety of sources within the marketing ecosystem. Cannello Agency plans to launch new products focused on advanced digital marketing tools by the end of 2024. The agency is also targeting expansion into the European market, specifically aiming to establish a presence in the UK and Germany by 2025.


The recent acquisition by Confie Seguros will enable Cannello Agency to utilize additional resources to support these initiatives, ensuring a robust strategy for growth and development.


Current Investors

Confie Seguros

Primary Industry

Insurance

Sub Industries

Insurance

Website

www.cannelloagency.com

Verticals

FinTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Cannello Agency, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCannello Agency, Inc.-

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