B. Riley Advisory Services is serving as chief restructuring officer and financial advisor to Fresh Acquisitions, which filed for Chapter 11 bankruptcy protection. In addition, VitaNova Brands will extend a post-petition debtor in-possession loan to the company.
B. Riley, a provider of financial services and business advisory solutions, added a compliance, risk and resilience practice to its financial consulting division, B. Riley Advisory Services. Scott Corzine and Duane Lohn will lead the new practice.
B. Riley Advisory Services, a provider of specialty financial consulting services and solutions and a subsidiary of B. Riley Financial, was named the Middle Market Turnaround Consulting Firm of the Year by Global M&A Network.