Tag Archives: Bryant Riley

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.

Making Moves: B. Riley Financial Keeps Building Out its Tool Chest

B. Riley Financial has never been shy about adding new capabilities, but the company has really accelerated its growth strategy in 2021 with some high-profile acquisitions and new division launches. For Bryant Riley and Tom Kelleher, co-CEOs of the company, the interdepartmental cooperation B. Riley brings to each client relationship is allowing it to bulk up successfully.

B. Riley Financial Establishes Receivables Division

B. Riley Financial established a receivables business to provide debt monetization solutions and portfolio acquisition services for its clients. In connection with the formation of this new division, B. Riley Financial also purchased a portfolio of performing credit receivables from W.S. Badcock.