Gridley Continues To See Significant Deal Opportunities in the Digital Market

NEW YORK (September 1, 2009) – Gridley & Company LLC (Gridley & Co.), a New York-based boutique investment bank that specializes in the Information Services industry, today announced that the firm served as the exclusive financial advisor to GSI Commerce, Inc. (GSI) in its successful acquisition of certain assets of the Pepperjam affiliate marketing network and the Pepperjam full-service, interactive marketing agency which specializes in search. The deal marks the third transaction Gridley has closed with GSI in the interactive marketing sector.

“There are promising deal opportunities in the online marketing sector today, and GSI has demonstrated that this is a great time to continue building on its digital capabilities through acquisitions,” said Linda Gridley, President and CEO, Gridley & Co. “The trends for online marketing remain as compelling as ever, and with liquidity hard to come by, we are seeing a substantial number of private digital companies sitting on valuable and successful businesses that would be a great fit for a range of prospective buyers. We are proud to serve GSI on another successful deal, and look forward to working with them in the future.”

Gridley & Co. has recently completed a thorough review of the most interesting opportunities in online marketing today, and regularly meets with senior leaders and investors in the industry to share insights and exchange ideas. For more information or to arrange a meeting with the Gridley team to discuss opportunities, please call Linda Gridley at 212-400-9710.

In January 2008, Gridley & Co. served as GSI’s exclusive financial advisor on its successful $157 million acquisition of leading e-mail marketing company, e-Dialog. In April 2009, Gridley & Co. supported GSI a second time in identifying and executing on its acquisition of Silverlign Group Inc., an award-winning interactive agency based in the San Francisco Bay Area.

Please click here to view the deal announcement.