Tim Sullivan joined B. Riley Financial as head of fixed income with B. Riley Securities. Andy Moore, CEO of B. Riley Securities, will be leading the expansion of the firm’s fixed income division in coordination with Sullivan.
B. Riley Financial won multiple awards at the 13th Annual Turnaround Atlas Awards, hosted by Global M&A Network on June 24 and June 25. In addition, Alicia Masse of B. Riley Advisory Services was named one of Global M&A Network’s Top USA Women Dealmakers of the Year.
Law.com’s Daily Report named B. Riley Advisory Services to its Best of 2021 ranking. B. Riley earned first place in multiple categories, including top forensic accounting firm, top litigation valuation firm and best overall expert witness services.
Martin Bernstein joined B. Riley Principal Investments as head of private investments. He will be responsible for sourcing, underwriting and managing investments with private companies in addition to leading distribution to B. Riley Principal Investments’ syndication partners.
B. Riley Financial, a business advisory and financial services company, launched B. Riley Financial Sponsors Group. Dan Kraft and Tim Bottrell will lead the group as co-directors of financial sponsors coverage.
B. Riley Financial’s Great American Group, SB360 Capital Partners and Tiger Capital Group are closing store sales at an additional 17 Sur La Table retail locations.
B. Riley Financial completed the acquisition of substantially all of the assets of Alderney Advisors, a business advisory services firm based in the greater Detroit region.
GA Global Partners, a B. Riley Financial company, will conduct an online public auction of the assets of Second Sight Medical Products on June 25. GA Global is conducting the auction of Second Sight’s assets in connection with the orderly wind down of its operations.
BRF Finance, an affiliate of B. Riley Financial, committed to provide Tuesday Morning with $25 million of debtor-in-possession financing as required by the company’s current $100 million DIP agreement with its existing lender group.