John Mostofi Joins Armory as Chief Executive Officer of Armory Merchant Banking Partners, LLC and Chief Operating Officer of Armory Group

Armory Group, LLC, a leading financial advisory firm serving the middle market, is pleased to welcome John Mostofi as Chief Executive Officer of Armory Merchant Banking Partners, LLC and Chief Operating Officer of Armory Group. Based in the Chicago office, John brings over 30 years of executive leadership and expertise in the banking and financial services sectors. Throughout his career, John has played a pivotal role in expanding capital deployment and strategic solutions for complex transactions, making him a valuable addition as Armory continues to enhance its Merchant Banking platform.

Prior to joining Armory, John was Executive Vice President at Hilco Capital Solutions, where he led the team to support a range of complex investments. Prior to Hilco, he served as Executive Vice Chairman of Global Commercial Banking at Bank of America, where he held multiple senior roles, including U.S. Regional Commercial Credit Executive and co-head of Bank of America Business Capital, focusing on asset-based lending, commercial credit, and relationship management across U.S. markets. His expertise also extends to corporate restructuring, regional strategy, and managing P&L for large financial service portfolios.

“We are excited for John to join the Armory team,” said Nick Tell, co-founder of Armory Group. “With his decades of experience in the financial sector and strategic insight and a broad network of professional relationships, John will play a critical role in scaling both our Merchant Banking capabilities and our firm’s overall operations. His demonstrated leadership in capital solutions and extensive experience with integrated financial services are perfectly aligned with Armory’s mission to support clients navigating complex financial landscapes.”

“I have devoted my entire career to creating strategic, high-impact financial solutions for clients navigating complex capital needs. Joining Armory presents an incredible opportunity to bring my experience to one of the leaders in providing creative and transformational capital solutions to the middle market. I am excited to collaborate with the talented team here and to help drive meaningful value for our clients in the evolving financial landscape.” – John Mostofi

John holds a bachelor’s degree in Public Accounting and an MBA in Finance from Loyola University in Chicago. He is a licensed CPA and a FINRA Registered Principal, holding Series 7, 24, 63, and 79 securities licenses. He is also a member of the Commercial Finance Association, the Economic Club of Chicago, the Illinois CPA Society, and the Executives’ Club of Chicago. In addition, he serves on several advisory boards for corporate entities.

John can be reached at 312.636.2208 or at jmostofi@armorygroupllc.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 collective capabilities, including our award-winning team of industry experts, allows us the flexibility to deploy the right resources to best serve the specific needs of our clients. Learn more at armorygroupllc.com.