B. Riley, Kayne Anderson Support Franchise Group’s American Freight Buy
Franchise Group has completed an agreement to acquire American Freight in an all cash transaction valued at approximately $450 million from an affiliate of The Jordan Company.
Franchise Group has completed an agreement to acquire American Freight in an all cash transaction valued at approximately $450 million from an affiliate of The Jordan Company.
B. Riley FBR, the investment banking subsidiary of B. Riley Financial, served as exclusive financial advisor to PCM in connection with its completed sale to Insight Enterprises.
B. Riley FBR served as the exclusive financial advisor to E.V. Roberts in connection with its sale to Graco Supply.
For the tenth year, B. Riley FBR supported the annual “Big Fighters, Big Cause” Charity Boxing Night, which raised over $500,000 to benefit the Sugar Ray Leonard Foundation.
B. Riley FBR promoted Jimmy Baker to head of Capital Markets.
B. Riley Financial added Myles Scott to B. Riley Wealth Management as senior vice president and Michael McConnell to B. Riley FBR as managing director, Investment Banking.
Investment bank B. Riley FBR served as the exclusive financial advisor to Stream Companies in connection with a strategic growth investment from Sverica Capital Management.
B. Riley FBR, a full service investment bank and wholly-owned subsidiary of B. Riley Financial, has entered into a credit agreement with Babcock & Wilcox Enterprises, a global supplier of energy and environmental technologies and services which has been in operation for more than 150 years. B. Riley FBR served as lead arranger for a $150 million secured financing via a last out term loan for B&W.
B. Riley FBR and GlassRatner Advisory & Capital were selected as winners in The M&A Advisor’s 13th Annual Turnaround Awards.
B. Riley FBR, the wholly-owned subsidiary of B. Riley Financial, served as the exclusive buy-side advisor to Luna Innovations in connection with the latter’s acquisition of General Photonics.