Daily News: October 10, 2014

Armory Group Launches Armory Securities

Armory Group announced it has launched Armory Securities, an investment bank specializing in advising, financing and restructuring middle market companies. Eben Perison, a co-founder of Armory Group, will act as CEO and senior managing director and will be joined by his entire existing investment banking team.

Perison and his team, formerly the Special Situations and Restructuring Advisory Group at The Seaport Group and Oppenheimer & Co., have advised on more than $8 billion of transactions over the last six years and regularly represent middle market companies and their constituents in complex M&A, financings and restructurings. The team has been widely recognized by its peers, including winning such accolades as M&A Advisor 2013 Award and the 2013 Turnaround Award.

Perison oversees the investment banking group, continuing his leadership of the group while at Seaport and Oppenheimer.

“We are proud to not only have a diverse array of well-known middle market companies as clients, but also some of the largest financial institutions, banks and commercial lenders which invest in the middle market,” said Mr. Perison. “We have also expanded our industry verticals by adding bankers in the areas of digital media, technology and software, specialty finance and business services.”

Armory Group was founded in 2008 by Perison and Nicholas W. Tell, Jr. Armory Group has built an investment banking platform focusing on the middle market and has also established Armory Funds, a multi-strategy asset management firm focused on investing in middle market companies.