B. Riley & Co. served as the exclusive financial advisor to ITR Group, Inc. in connection with the sale of two of its subsidiaries, ITR Mobility, a mobile consulting and software development firm, and iFactr, a mobile platform, to Zebra Technologies Corporation. The terms of the transaction, which closed on July 31, 2015, were not disclosed.

The sale of ITR Mobility and iFactr expand Zebra's ability to provide unique and cost-effective migration capabilities from legacy mobility applications to modern operating systems and devices.

"The deep enterprise software and mobility expertise of B. Riley's San Francisco team was critical to this successful and complex transaction," said Todd Montpetit, CEO of ITR Group. "B. Riley helped craft the strategic impact of ITR Mobility and iFactr on Zebra's business, which was instrumental in moving the deal to a conclusion and driving value."

B. Riley initiated, structured and negotiated the transaction on behalf of ITR Group. The deal team was led by Managing Director Jim Moore, Vice President Rob Henley, and Analyst Austin Lilly.

"This marks our first transaction since J. Moore Partners joined B. Riley back in May 2015," added Jim Moore, managing director of B. Riley & Co. "It also marks Zebra's first deal since their multi-billion dollar acquisition of Motorola Solutions' Enterprise Business last year. B. Riley's deep expertise in enterprise mobility, asset tracking and the Internet of Things, combined with our strategic relationships with software vendors, OEMs, integration providers proved instrumental in identifying the right players for this compelling combination."