B. Riley Financial announced proposed strategic and financing initiatives intended to enhance shareholder value by accelerating debt repayment.The Company reported it has:
Entered into a non-binding commitment for a debt financing of the B. Riley...
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September 11, 2024, 08:03 AM
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According to an August 12, 2024 Bloomberg report by David Voreacos, B. Riley Financial Inc. is struggling to value its assets after months of concern about flawed accounting and a federal investigation culminated in a 52% one-day plunge.According to...
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August 13, 2024, 07:59 AM
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B. Riley Financial announced it has acquired the assets of Interface Consulting International, Inc., a leading engineering and construction consulting and expert services firm.Interface Consulting specializes in troubled projects, from providing...
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July 08, 2024, 07:30 AM
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B. Riley Farber, a wholly owned subsidiary of B. Riley Financial announced the addition of Ryan Adlington as Senior Managing Director, based in Calgary, Alberta.Adlington is an experienced restructuring and turnaround expert with more than 20 years...
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April 23, 2024, 07:54 AM
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B. Riley Financial announced the addition of Virginia Schnippel as a Managing Director within the Corporate Advisory & Valuation Services practice at B. Riley Advisory Services."We are excited to welcome Virginia and her skills to our corporate...
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March 26, 2024, 08:52 AM
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B. Riley Real Estate and B. Riley Wholesale & Industrial Solutions (collectively, “B. Riley”), subsidiaries of B. Riley Financial, have been retained as advisors in connection with the Chapter 11 bankruptcy of Prize Management, LLC and Sand Ridge...
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February 26, 2024, 07:40 AM
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B. Riley Securities served as sell-side M&A advisor to Heart & Vascular Center of Arizona P.C. (“HVCA”), a leading independent cardiovascular physician practice, in connection with its sale to Cardiovascular Associates of America.B. Riley Securities’...
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December 01, 2023, 07:00 AM
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B. Riley Advisory Services, a leading provider of business advisory, appraisal and consulting services and subsidiary of B. Riley Financial announced the addition of Alistair Ross as a Senior Vice President, based in California.Ross is an experienced...
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November 30, 2023, 08:06 AM
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The industrial auction subsidiary of B. Riley Financial, together with Capital Recovery Group, announced it will be offering complete wood mills for sale and conducting a series of public auctions in support of the previously announced expansion of...
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November 27, 2023, 07:19 AM
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B. Riley Securities announced the addition of experienced consumer investment banker, Michael Devitt as a Managing Director based in the firm’s Greenbrae, San Francisco office.“Michael has been a trusted advisor to high growth consumer brands...
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September 14, 2023, 07:00 AM
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B. Riley Securities served as exclusive financial advisor to DynTek, Inc. ("DynTek"), a US-based professional IT services, cybersecurity, and risk management organization, in connection with its strategic investment from Gallant Capital Partners...
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August 29, 2023, 07:40 AM
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B. Riley Financial led the equity financing to facilitate the $2.8 billion management-led acquisition of Franchise Group, Inc. (“FRG”) which was completed on August 21, 2023.B. Riley invested $216.5 million of new capital in the transaction. Other...
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August 28, 2023, 08:00 AM
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B. Riley Financial added Larry Kanter, CPA/CFF, CFE as Senior Managing Director with B. Riley Advisory Services, a leading provider of business advisory, appraisal and specialty financial consulting services. Kanter is based in Dallas, Texas and...
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August 17, 2023, 07:34 AM
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B. Riley Securities, a subsidiary of B. Riley Financial will host its 2023 Consumer Conference in New York on Thursday September 14. The conference highlights companies from a range of consumer verticals to share their stories with leading...
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July 10, 2023, 07:30 AM
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B. Riley Financial earned top honors during The M&A Advisor 17th Annual Turnaround Awards Gala held on March 22, 2023 at The Colony Hotel in Palm Beach, Florida.B. Riley was awarded in the following categories in recognition for its leadership in...
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April 06, 2023, 07:39 AM
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B. Riley Financial announced that it has acquired the corporate division of Farber Group (‘Farber”), a Toronto-based restructuring and business advisory firm.Farber provides corporate restructuring and related advisory services, M&A corporate finance...
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February 22, 2023, 07:43 AM
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B. Riley Advisory Services expanded the firm’s appraisal and valuation services with the addition of a dedicated field examination practice. This experienced team specializes in developing company-specific field examination procedures in...
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February 16, 2023, 07:53 AM
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B. Riley Financial, one of the largest creditors of Core Scientific, Inc, issued an open letter to Core Scientific shareholders and lenders.In light of Core Scientific's strategic alternatives process with respect to its capital structure, B. Riley...
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December 16, 2022, 08:00 AM
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Pathlight Capital is serving as the Administrative Agent on a $148.2 million senior secured term loan credit facility to an SPV majority owned by a subsidiary of B. Riley Financial, Inc. to support the acquisition of a portfolio of performing...
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October 18, 2022, 07:30 AM
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Unique Fabricating, a leader in engineering and manufacturing multi-material foam, rubber, and plastic components utilized in noise, vibration, and harshness management and air/water sealing applications for the transportation, appliance, medical...
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October 06, 2022, 07:37 AM
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B. Riley Financial earned multiple awards at the 14th Annual Turnaround Atlas Awards. Presented by Global M&A Network, the Turnaround Atlas Awards recognize the best value-creating transactions, outstanding firms, professionals and leaders for their...
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July 22, 2022, 07:09 AM
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B. Riley Financial announced that Timothy J. Shilling has joined as Executive Vice President of B. Riley Retail Solutions. In this role, Shilling will work in close partnership with the executive leadership team to execute the firm’s strategy and...
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July 01, 2022, 08:00 AM
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B. Riley Financial has been recognized in three individual categories of The M&A Advisor's 16th Annual Turnaround Awards, demonstrating its cross-platform leadership in middle market investment banking, restructuring and the retail industry.
B....
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June 23, 2022, 07:15 AM
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B. Riley Financial has agreed to acquire FocalPoint Securities, LLC, a leading independent investment bank based in Los Angeles, for total consideration of up to $175 million. The transaction, which will create revenue synergies for both companies...
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January 19, 2022, 07:50 AM
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B. Riley Financial announced the expansion of its Forensic Accounting & Litigation Support practice with the addition of Wayne Wilson, Mike De Laval, Paul Brooks and Meredith Alfred to B. Riley Advisory Services. Based in Houston, Texas, these...
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January 12, 2022, 07:47 AM
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B. Riley Financial has established a new receivables business to provide debt monetization solutions and portfolio acquisition services for its clients. This new division utilizes the Company's strong capital base and expert resources offered through...
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December 22, 2021, 08:00 AM
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B. Riley released its Retail Industry Monitor entitled “The Ripple Effect.” Among key findings:With the acceleration of retail bankruptcy filings into 2020, many retail store closings projected for 2021 were pulled forward during 2020. This dynamic...
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November 17, 2021, 07:48 AM
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FaZe Clan has entered into a definitive merger agreement to combine with B. Riley Principal 150 Merger Corp., a special purpose acquisition company sponsored by an affiliate of B. Riley Financial. The proposed business combination transaction implies...
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October 26, 2021, 07:29 AM
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B. Riley Financial announced the expansion of its Corporate Advisory and Valuation Services practice with the addition of Dave Bookbinder and Quinn Shearer to B. Riley Advisory Services. Bookbinder and Shearer bring significant business and...
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October 19, 2021, 07:52 AM
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B. Riley Financial announced continued growth in its restructuring division with the addition of three new senior executives. John Sordillo, Jeffrey Truitt and Tim Hannon have joined B. Riley Advisory Services and bring several decades of experience...
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September 24, 2021, 07:52 AM
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RumbleOn, the nation's largest retailer of powersports vehicles and first omnichannel customer experience in powersports, closed of its previously announced business combination with RideNow, acquiring 100% of the RideNow dealership portfolio...
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September 01, 2021, 07:09 AM
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B. Riley Financial announced that Nick Disimile has joined B. Riley Advisory Services as Director of Business Development supporting the Southwest region.He joins B. Riley from J.P. Morgan’s asset-based lending group where he served as Vice President...
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August 27, 2021, 07:37 AM
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B. Riley Financial announced that Tim Sullivan has agreed to join the firm as Head of Fixed Income with B. Riley Securities, Inc.Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, commented: “The expansion of fixed income is...
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August 11, 2021, 08:08 AM
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Thompson Pipe Group ("TPG" or the "Company"), a leading provider of innovative solutions for demanding infrastructure applications, has engaged B. Riley Securities, Inc., a full-service investment bank and subsidiary of B. Riley Financial, Inc., to...
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June 23, 2021, 06:26 AM
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B. Riley Financial announced that Martin Bernstein has joined B. Riley Principal Investments as Head of Private Investments. In this newly created role, Bernstein is responsible for sourcing, underwriting, and managing investments with private...
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March 04, 2021, 08:10 AM
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B. Riley Financial announced the launch of B. Riley Financial Sponsors Group. The team will focus on developing and maintaining relationships with alternative capital managers, including private equity firms, family offices, sovereign wealth, credit...
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November 19, 2020, 08:30 AM
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B. Riley Financial, Inc., a leading business advisory and financial services company, announced it has adopted new brand names across its subsidiary companies to provide greater external consistency and affiliation among the diverse stakeholders it...
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September 15, 2020, 09:05 AM
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B. Riley Financial, Inc. announced it has completed an acquisition of substantially all of the assets of Alderney Advisors, LLC ("Alderney"), a leading business advisory services firm based in the greater Detroit, Michigan region. The transaction...
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June 24, 2020, 09:15 AM
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GA Global Partners, a B. Riley Financial company, announced that it will conduct an online public auction of the assets of Second Sight Medical Products, Inc. on June 25, 2020.Second Sight, a developer and manufacturer of implantable visual...
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June 17, 2020, 09:10 AM
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B. Riley Financial, Inc., a diversified provider of business advisory and financial services, today announced that Al Lieberman and Peter Lynch have joined as Principals with B. Riley Real Estate, LLC. Lieberman and Lynch each bring over 30 years of...
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April 09, 2020, 09:12 AM
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B. Riley Financial, Inc., a diversified provider of business advisory and financial services which operates through several wholly-owned subsidiaries, announced Michael Jerbich has joined as President of B. Riley Real Estate, LLC. A veteran real...
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February 04, 2020, 09:15 AM
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B. Riley Financial, Inc., a diversified financial services company, announced the appointment of Dan Shribman as Chief Investment Officer. He is based in New York."I am pleased to announce Dan's promotion as our Chief Investment Officer," said Bryant...
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September 13, 2019, 08:55 AM
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Barneys New York, the luxury specialty retailer, announced it has secured approximately $218 million in new financing from Brigade Capital Management, LP and B. Riley Financial, Inc. to facilitate a going concern sale process.This new agreement...
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August 08, 2019, 09:05 AM
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B. Riley Financial, Inc. announced its subsidiaries, B. Riley FBR, Inc. and GlassRatner Advisory & Capital, LLC, were selected as winners in The M&A Advisor’s 13th Annual Turnaround Awards.“I’m thrilled to see B. Riley FBR and GlassRatner recognized...
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March 29, 2019, 08:30 AM
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B. Riley FBR, a full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc., announced that Dawn Farrell has been appointed as Chief Administrative Officer of the firm’s Investment Banking unit. In this role, Farrell is...
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September 12, 2018, 07:08 AM
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B. Riley FBR, Inc., a full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc., announced that it has expanded its investment banking division with the addition of Chris Allick, Todd Blankfort, Paul Clausing and David...
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July 24, 2018, 07:10 AM
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Sonim Technologies, maker of rugged cell phones, announced it has raised $37 million in capital from B. Riley Financial, Inc., a diversified financial services company, through its operating subsidiaries B. Riley FBR, Inc. and B. Riley Principal...
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December 06, 2017, 07:06 AM
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FBR Capital Markets & Co. (FBR), a full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc, announced that David Buck, George Zavoico, Ph.D., and Madhu Kumar, Ph.D. have joined the firm as Equity Research Analysts along...
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October 04, 2017, 07:07 AM
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