B. Riley Serves as Bookrunning Manager to Landsea on $71.8MM Secondary Offering

B. Riley Securities, a middle market investment bank, served as sole bookrunning manager to Landsea Homes, a residential homebuilder, on its recent $71.8 million secondary offering._x000D_
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“Landsea Homes continues to execute on its growth strategy, with a strong presence in some of the nation’s most attractive housing markets,” Jimmy Baker, president and head of capital markets at B. Riley Securities, said. “B. Riley’s ability to attract such high-quality institutional investors in this offering is a testament to Landsea management’s steady performance since we helped bring the company public several years ago. It was our pleasure to partner with them once again, leading their fourth secondary offering.”_x000D_
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“This important offering helped us continue to expand and enhance our shareholder base,” John Ho, CEO of Landsea, said. “We are grateful to the B. Riley team for their outstanding execution and partnership.”_x000D_
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B. Riley’s deal team was led by Baker, Michael Cavanagh and Ryan Aceto and included Jack Russell.