B. Riley Recognized by Merger and Acquisition
Winner of three categories, including Restructuring Deal of the Year
LOS ANGELES, June 22, 2022 /PRNewswire/ — B. Riley Financial (NASDAQ: RILY) (“B. Riley”) announced that it has been recognized in three individual categories of The M&A Advisor’s 16th Annual Turnaround Awards, demonstrating its cross-platform leadership in middle market investment banking, restructuring and retail.
B. Riley has won in the following categories of the 16e Annual Turnaround Rewards:
- Restructuring operation of the year (between 25 and 50 million dollars) – Restructuring of ABC Carpet & Home
Directed by Perry MandarinoB.Riley Securities
- Troubled M&A Deal of the Year (between $25 million and $50 million) – Receivership of The Momentum Auto Group
Directed by Michael J. Issa and Marc SpizirriB. Riley Advisory Services
- Consumer Discretionary Deal of the Year ($10-100 million) – Sale of Hatteras Yachts to White River Marine Group, a subsidiary of Bass Pro Shops
Directed by Michael Fixler and Matthew CumbeeFocalPoint Partners (a B. Riley Financial company)
“B. Riley represents the best in the struggling investment and reorganization industry in 2021 and earned these honors by standing out among a very impressive field of candidates,” said Roger Aguinaldo, Founder and CEO of The M&A Advisor. “Having been chosen from hundreds of participating companies to receive these awards, we are very pleased to recognize B. Riley and award our highest honor to struggling investment and restructuring companies and professionals.”
Prizes will be awarded at a Black-Tie gala on Wednesday, September 21, 2022 in New York City as part of The M&A Advisor’s Leadership in Dealmaking 2022 Summit.
B. Riley is a proud sponsor of the event. Perry Mandarino, co-head of investment banking, head of restructuring and senior managing director at B. Riley Securities is conference chairman. For more event information, visit https://events.maadvisor.com/2022_Leadership_Summit.
About the M&A Advisor
Now in his 22’sn/a year, The M&A Advisor was founded to offer M&A information and intelligence, establishing the industry’s premier media outlet in 1998. Today, the firm is recognized as the premier global leadership organization for professionals mergers and acquisitions, restructuring and a range of integrated services from the offices of New York and London. For more information, visit www.maadvisor.com.
About B.Riley Financial
B. Riley Financial is a diversified financial services platform that offers tailored solutions to meet the strategic, operational and capital needs of its clients and partners. Through its affiliated subsidiaries, B. Riley provides end-to-end collaborative financial services in the areas of investment banking, institutional brokerage, private wealth management and investments, financial advisory, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support services, valuation and valuation, auctions and liquidation. For more information, please visit www.brileyfin.com and follow us on LinkedIn and Twitter.
Jo Anne McCusker
B. Riley Financial
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SOURCE B. Riley Financial