
Generational Group Advises Designzillas in its Sale to Avenue Z
By Generational Group
12/01/2023
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Designzillas to Avenue Z. The deal closed February 2023.
Located in Orlando, Florida, Designzillas is a digital marketing agency dedicated to helping brands achieve their business goals through web and content development, SEO, and paid media. Designzillas brings together strategic communications and digital marketing to build reputations, forge relationships and amplify ROI. The company has worked with notable brands such as AAA, Advent Health, Piper Aircraft, Orlando Economic Partnership (OEP), Orlando Magic, PowerFleet and the University of Central Florida.
Avenue Z is a strategic communications & marketing advisory focused on brand performance and business growth. Marking its third acquisition this year, Avenue Z is acquiring specialized marketing firms at a rapid pace and plans to rebrand Designzillas to Avenue Z by the end of the year.
Avenue Z CEO Jeffrey Herzog has a vision for the convergence of influence across public relations and digital marketing. “We have developed integrated, data-driven strategies that increase market share and share of voice for our clients,” said Herzog. “Johnny Hughes, Founder of Designzillas and his growing team in Orlando are a terrific fit for us, combining a 16-year operating history of award-winning client work and also being an early adopter of AI across the SEO, Content and Performance Media landscapes.”
“I’m excited to build the first truly omnichannel marketing and communications company,” said Hughes. “There is so much potential in the space and working with a digital visionary and leader, like Jeff Herzog, is going to help us realize our goals all the more quickly.”
Hughes added, “There’s a strong talent pool in Orlando for creatives with Disney, Planet Hollywood, and Universal Studios all based there. The metro area is also ranked 5th nationally for tech jobs.”
Generational Group Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, Alan Steinberg, a Generational Group Authorized Affiliate, with the support of Vice President, M&A, Emil Nirkis, successfully closed the transaction. Executive Managing Director – North America Edward G. Weber established the initial relationship with Designzillas.
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.