The new hires, who will be based in Austin, Boston, Charlotte, Chicago, Detroit, Minneapolis, New York, San Francisco and West Palm Beach, will strengthen Bank of America’s middle-market investment banking platform, which now includes more than 200 bankers operating across 26 cities.
The expansion reflects the bank’s strategy to provide more localized expertise to growing businesses seeking support with mergers and acquisitions, capital raising, strategic investments and long-term growth initiatives.
"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," said Mike Joo, co-head of BofA's Global Investment Banking.
Bank of America said the business also maintained its position as the leading investment banking provider among global commercial banking clients for the third consecutive year. The lender added that its market share increased year over year, highlighting continued momentum in serving privately owned and middle-sized companies.
The latest additions include experienced investment banking professionals from firms such as Rothschild, Lazard, BMO Capital Markets, BlackArch Partners and JPMorgan, bringing expertise across sectors including technology, financial sponsors, industrials and family-owned businesses.
The newly appointed bankers include:
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Bob Berry will join Bank of America as a managing director in Boston in late July after previously working at Rothschild.
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Matt Dalton will join as a managing director in Minneapolis in early August, where he will cover the Midwest region. He joins from Lazard.
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Rick Florjancic will join as a managing director in Chicago in mid-September. He will lead the Chicago office while helping expand senior leadership coverage throughout the Midwest. He joins from BMO Capital Markets.
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Ian Mackay will join as a managing director in Charlotte in mid-August, strengthening the bank’s middle-market financial sponsors practice across the Southeast and nationally. He joins from BlackArch Partners.
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Joe Park recently joined as a managing director in Detroit, focusing on expanding client coverage throughout the Midwest. Park previously served as president and chief financial officer of Princeton NuEnergy and held executive roles within SK Group.
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Mitch Theiss recently returned to Bank of America as a vice chair based in West Palm Beach. He will focus on expanding coverage of Florida-based middle-market companies and family businesses while providing senior support for important client relationships. He most recently served as a partner at Seabrook Partners.
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Daniel Webb recently rejoined the firm as a managing director in Austin, where he will expand coverage across Texas and the wider Southwest region. Webb brings more than 15 years of investment banking experience and extensive knowledge of the technology sector.
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Joe Winters will join as a managing director in San Francisco in early August after leaving JPMorgan.
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Bo Brown recently joined as a managing director in New York, enhancing advisory capabilities for financial sponsors, industrial companies and middle-market clients. He joins from BMO Capital Markets.
The appointments underscore a broader push by major financial institutions to strengthen their regional banking networks as middle-market companies increasingly seek specialized advice on expansion, acquisitions, financing strategies and succession planning. Bank of America said the expanded team will help deliver deeper industry expertise and broader support to businesses across the country.