LOS ANGELES, CA and NEW YORK, NY, November 14, 2018 – Armory Group, LLC, a leading middle market advisory firm specializing in investment banking, consulting, and asset management, is pleased to announce that the firm has been honored with the 2018 Equity Financing of the Year award presented by The M&A Advisor. The award is in recognition of Armory’s work as the exclusive financial advisor to Fluidic Energy in its equity investment from affiliates of NantWorks, which successfully closed less than two months after Armory’s engagement.
“The award recipients represent the finest in the M&A industry in 2018 and earned these honors by standing out in a group of extremely impressive finalists,” said Roger Aguinaldo, Founder of The M&A Advisor. “From lower middle market to multi-billion dollar deals, we are recognizing the leading transactions, firms and individuals that represent the highest levels of achievement.”
The Armory team that served as advisor for Fluidic Energy included Managing Director Eric Golden, Senior Managing Director Eben Perison, Managing Director Peter Richter and Vice President Kevin Striepe. Learn more about the deal here.
“This transaction matched a promising technology company with a strong strategic investor able to give it the financing, expertise and other resources needed for future success, and we were thrilled to work with the deal team to close it” said Eric Golden.
In addition to winning the Equity Financing of the Year award, Armory was also named a finalist in three other categories including Energy Deal of the Year for the equity financing of Fluidic Energy, as well as Restructuring Deal of the Year (under $100MM) and Consumer Discretionary Deal of the Year ($50- $100mm) for the Restructuring and Sale of Beaulieu Group LLC to Engineered Floors LLC. This is Armory’s third consecutive year of being honored with an award by the M&A Advisor.
About The M&A Advisor
The M&A Advisor was founded in 1998 to offer insights and intelligence on M&A activities. Over the past twenty years we have established the premier global network of M&A, Turnaround and Finance professionals. Today, we have the privilege of presenting, recognizing the achievements of, and facilitating connections between the industry’s top performers throughout the world with a comprehensive range of services. Learn more at maadvisor.com.
About NantEnergy (formerly Fluidic Energy)
NantEnergy (formerly Fluidic Energy) is dedicated to accelerating the worldwide transformation to clean, reliable energy through its innovative and intelligent energy storage solutions. Enabled by groundbreaking battery technology and smart-grid intelligence, NantEnergy designs, manufactures and markets energy storage solutions globally, providing reliable backup power to critical wireless infrastructure, rural electrification microgrids, and distributed commercial and industrial energy management systems. Continuing to build momentum as an energy storage leader, NantEnergy is installing systems worldwide that increase reliability, functionality and surpass cost targets necessary for practical energy storage adoption. While meeting market needs now, NantEnergy is paving the path for the smart, sustainable and accessible grids of the future. Energy Everywhere for Everyone. Learn more at NantEnergy.com.
About Armory Group, LLC
Armory Group, LLC provides comprehensive capabilities focused exclusively on the middle market, including investment banking, consulting and asset management. Our breadth of resources, including our award-winning team of professionals, allows us to deploy the right resources to best serve the specific needs of our clients. Learn more at armorygroupllc.com.