Bank of America announced Monday that it has added nine senior-level investment bankers to its roster across the United States, a strategic move aimed at meeting rising demand from middle-market businesses.
The newly hired professionals are located in Austin, Boston, Charlotte, Chicago, Detroit, Minneapolis, New York, San Francisco, and West Palm Beach. They join an already established team of more than 200 bankers working across 26 cities who are focused specifically on serving middle-market clients.
Mike Joo, co-head of BofA’s Global Investment Banking, spoke to the importance of this segment of the economy. “Middle market companies play a vital role in driving business and economic growth across the U.S., and we continue to see significant opportunity to help these businesses grow, invest and achieve their objectives,” he said.
Bank of America also noted that it has held the top investment banking ranking among global commercial banking clients for three straight years, while also growing its market share year after year.
Here is a breakdown of the nine bankers joining the team:
Bob Berry will come aboard as a managing director in Boston in late July, arriving from Rothschild. Matt Dalton will join as a managing director in Minneapolis in early August to cover the Midwest region, coming from Lazard.
Rick Florjancic will step in as a managing director in Chicago in mid-September, where he will lead that office and help broaden senior leadership coverage across the wider Midwest. He is coming from BMO Capital Markets.
Ian Mackay will join as a managing director in Charlotte in mid-August, where he will strengthen the middle-market financial sponsors practice across the Southeast and nationally. He previously worked at BlackArch Partners.
Joe Park has already joined as a managing director in Detroit, where his focus will be expanding client coverage across the Midwest. He previously held the roles of president and chief financial officer at Princeton NuEnergy and served in executive positions within SK Group.
Mitch Theiss has rejoined the bank as a vice chair in West Palm Beach, where he will help grow coverage of Florida-based middle-market clients and family businesses while providing senior-level support on key relationships. He most recently was a partner at Seabrook Partners.
Daniel Webb has also rejoined, this time as a managing director in Austin, to expand coverage across Texas and the broader Southwest. He brings more than 15 years of investment banking experience along with deep expertise in the technology sector.
Joe Winters will come on board as a managing director in San Francisco in early August, joining from JPMorgan. And Bo Brown has recently joined as a managing director in New York, where he will strengthen advisory work across financial sponsors, industrial, and middle-market clients. He came from BMO Capital Markets.
