PRIVATE EQUITY INVESTMENT FUELS EXPANSION FOR LEADING WEB DESIGN & DEVELOPMENT FIRM, FLORENTINE DESIGN GROUP, LLC

BALTIMORE, Maryland – Washington-based full-service web design & development firm, Florentine Design Group, LLC (referred to as “FDG Web”) announced a new investment from private equity company, AGB Holdings, which purchased a controlling interest in FDG Web. This strategic investment will allow FDG Web to expand its service offerings to include comprehensive marketing solutions, a critical addition to its service offerings that addresses a key area of client demand.

Founded in 1999, FDG Web has built a reputation for delivering cutting-edge digital services to small businesses and organizations. As the digital landscape evolved, FDG Web evolved with it by expanding its services to include a broader spectrum of digital solutions, adapting to the changing needs of the industry. The firm’s commitment to creativity and a customer-centric design approach quickly gained the company recognition, leading to steady growth and a reputation for excellence. With the recent investment, the firm will now be able to offer a full suite of marketing services in addition to its existing services.

The investment comes as part of a strategic initiative to enhance the company's growth potential and market reach. As part of this agreement, the firm's founder, Tom Granger, has relinquished a controlling interest to AGB Holdings. This decision allows the company to leverage additional resources and expertise provided by the private equity group, ensuring sustained growth and the ability to meet evolving market needs.

“Our new shareholder's strategic investments in FDG Web allow us to grow our staff and our capabilities by offering more services and support for new and existing clients. We couldn't be happier to grow the company with them,” said Tom Granger, founder and Chief Executive Officer of FDG Web.

“We are thrilled to embark on this journey with our new team at FDG Web. Our combined expertise and shared vision will enable us to deliver best-in-class solutions for our current and future clients. We're honored to preserve the company's legacy and build on it for many years to come,” said Christian Blumetti of AGB Holdings.

FDG Web was represented by Jeffrey Possinger of Possinger Law Group. AGB Holdings was represented by Justin Batoff of Batoff Associates, P.A. 

For more information about FDG Web and its expanded services, please visit https://www.fdgweb.com/.