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… Read more »

Armory Securities, LLC Announces Sale of National Raisin

Armory Securities, LLC is pleased to announce that Fowler, California based Sunshine Raisin Corporation (dba  “National Raisin”) has been sold to diversified Chilean food and agriculture business Empresas Sutil. The transaction closed on October 2, 2024. Armory served as the exclusive financial advisor to National Raisin for the transaction. The National Raisin Company, which was… Read more »

Armory Securities, LLC Announces the Successful Restructuring of the Assets of Inevitable Tech Inc.

Armory Securities, LLC announces the successful restructuring of the assets of Inevitable Tech Inc. (“Inevitable Tech”). Armory served as the exclusive financial advisor to Inevitable Tech in conjunction with the transaction. Inevitable Tech is a business-to-business (B2B) agricultural technology platform that designs and develops cutting-edge growing systems for farmers that enable them to better manage… Read more »

Armory Securities, LLC Announces $325 Million of New Financing to Vivos Holdings, LLC

Armory Securities, LLC is pleased to announce that Vivos Holdings, LLC, a subsidiary of Emprise Group, Inc. (formerly Vi-Jon Holding, Inc.), has secured $325 million of new financing, the proceeds of which were used to refinance existing indebtedness of Emprise Group. The new financing includes attractive terms that allow Vivos to de-lever rapidly as it… Read more »

Armory Securities, LLC Wins Refinancing of the Year and Consumer Staples Deal of the Year at the 18th Annual Turnaround Awards

ARMORY WINS M&A ADVISOR REFINANCING OF THE YEAR AND CONSUMER STAPLES DEAL OF THE YEAR AWARDS Armory Securities, LLC is honored to be selected by the M&A Advisor to receive the Refinancing of the Year ($50 to $100MM) and Consumer Staples Deal of the Year (Over $100MM) awards at the 18th Annual Turnaround Awards. Armory… Read more »

Armory Advises Kent’s Bromeliad Nursery on Sale to Elevate Living Design Inc.

Armory Advises Kent’s Bromeliad Nursery on Sale to Elevate Living Design Inc. Kent’s Bromeliad Nursery (“KBN”) is one of the world’s leading suppliers of premium Bromeliad plants. Its expert team of horticulturists have extensive knowledge of bromeliad cultivation that has resulted in creation of over 47 unique bromeliad plant varieties and more than 19 patents… Read more »

Armory Advises Equilibrium Capital in AppHarvest Bankruptcy

Armory Advises Equilibrium Capital in AppHarvest Bankruptcy. AppHarvest is a sustainable food company that developed and operated one of the world’s largest networks of high-tech indoor farms comprising 165 acres of glass greenhouse facilities on four farms in Kentucky producing tomatoes, salad greens, strawberries and cucumbers.  The company had $341M in debt when it filed for… Read more »

Armory Securities, LLC Announces the Sale of the Assets of Aruze Gaming America, Inc

Armory Securities, LLC is pleased to announce the successful sale of the assets of Aruze Gaming America, Inc (“Aruze”) via §363 auction under the U.S. Bankruptcy code. Armory served as exclusive financial advisor to Aruze in connection with the transaction. Aruze is a Nevada-based, privately-owned leading manufacturer and supplier of gaming equipment, including video and… Read more »