B. Riley Financial Archives

B. Riley Financial Leads Financing for Management Buyout of Franchise Group

B. Riley Financial led the equity financing to facilitate the $2.8 billion management-led acquisition of Franchise Group. B. Riley invested $216.5 million of new capital in the transaction.

August 28, 2023 B. Riley Financial | Brian Kahn | Bryant Riley | Franchise Group | Sullivan & Cromwell Ian Koplin

B. Riley Adds Kanter as Senior Managing Director

Larry Kanter, CPA/CFF, CFE joined B. Riley Financial as senior managing director with B. Riley Advisory Services, a provider of business advisory, appraisal and specialty financial consulting services. Kanter is based in Dallas and joined the firm’s national forensic accounting and litigation support practice.

August 17, 2023 B. Riley Financial | Ian Ratner | Larry Kanter Ian Koplin

B. Riley Financial Affiliate Retained to Lead Store Rationalization for SALAMANDER

B. Riley Financial and its retail liquidation affiliate were retained to assist in the restructuring and store rationalization of SALAMANDER in connection with the European shoe retailer’s recent insolvency.

August 3, 2023 B. Riley Financial | SALAMANDER | Scott Carpenter Ian Koplin

B. Riley Financial Acquires Farber Group

B. Riley Financial, a diversified financial services platform, acquired the corporate division of Farber Group, a Toronto-based restructuring and business advisory firm. In connection with the acquisition, Farber’s corporate division will become part of B. Riley Advisory Services.

Pathlight Capital Increases Term Loan Credit Facility for B. Riley Receivables II to $198.7MM

Pathlight Capital closed a $78.3 million upsize to the existing senior secured term loan credit facility to an SPV majority owned by a subsidiary of B. Riley Financial to support an incremental purchase of a portfolio of performing receivables from W.S. Badcock.

B. Riley Securities Expands Healthcare & Life Sciences Investment Banking

B. Riley Securities, an investment bank and subsidiary of B. Riley Financial, added a team of nine healthcare and life sciences professionals from Huron Transaction Advisory, including James Metcalf and Benjamin Matz.

Pathlight Capital Agents $148.2MM Senior Secured Term Loan to B. Riley

Pathlight Capital is serving as the administrative agent on a $148.2 million senior secured term loan credit facility to an SPV majority owned by a subsidiary of B. Riley Financial to support the acquisition of a portfolio of performing receivables from W.S. Badcock Corporation.

B. Riley Financial Earns Multiple Awards at 14th Annual Turnaround Atlas Awards

B. Riley Financial, a diversified provider of business advisory and financial services, earned multiple awards at the 14th Annual Turnaround Atlas Awards.

B. Riley Principal 150 Merger Corp. Completes Business Combination with FaZe Clan

FaZe Clan, an interactive lifestyle and media brand rooted in gaming and youth culture, completed its business combination with B. Riley Principal 150 Merger Corp., a special purpose acquisition company sponsored by an affiliate of B. Riley Financial.

July 21, 2022 B. Riley Financial | B. Riley Principal 150 Merger Corp. | FaZe Clan Ian Koplin

B. Riley Enhances Retail Solutions Leadership with Addition of Shilling

Timothy J. Shilling joined B. Riley Financial as executive vice president of B. Riley Retail Solutions. In this role, Shilling will work in close partnership with the executive leadership team to execute the firm’s strategy and growth across the retail sector.

July 1, 2022 B. Riley Financial | B. Riley Retail Solutions | Scott Carpenter | Timothy J. Shilling Rita Garwood

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