B. Riley Financial to Acquire GlassRatner

B. Riley Financial signed a definitive agreement making GlassRatner a wholly-owned subsidiary of B. Riley Financial effective July 31, 2018.

B. Riley FBR Brings in Rashid and Balsamo, Expands Natural Resources Team

B. Riley FBR hired Rehan Rashid and Robert Balsamo as senior vice president analysts.

Great American Capital Provides $20MM Term Loan to Eleven James

Great American Capital Partners entered into an agreement with Eleven James to provide a $20 million senior secured term loan.

B. Riley Promotes Mandarino to Head Corporate Finance

B. Riley Financial promoted Perry Mandarino to the newly created position of senior managing director, head of Corporate Finance.

B. Riley Hires Managing Directors for Healthcare & TMT Sectors

John Calcagnini and Keith M. Sipes have joined B. Riley’s Investment Banking team as managing directors.

Great American Group to Close all Canadian Jones New York Factory Stores

Great American Group, a subsidiary of B. Riley Financial, will close all 37 Jones New York factory stores in Canada.

B. Riley Hires Mandarino to Form Restructuring Practice

B. Riley Financial has hired Perry Mandarino serve as senior managing director and head of Corporate Restructuring in its newly created Restructuring Solutions team.

B. Riley Launches Great American Capital

B. Riley Financial formed Great American Capital Partners with an anchor investment from Corporate Capital Trust, a business development company advised by CNL Financial Advisors Company and KKR Credit Advisors.

B. Riley, Great American Provide Wet Seal DIP Financing

The Wet Seal filed voluntary petitions for relief under Chapter 11 in U.S. Bankruptcy Court for the District of Delaware, and negotiated a DIP and PSA with B. Riley Financial and Great American Group and affiliates.

Reiner Named Great American Group Chief BDO, Asset Dispositions

B. Riley Financial announced an expanded role for Steven H. Reiner to include a newly created position of chief business development officer, Asset Dispositions in its Great American Group subsidiary.