B. Riley Financial to Acquire FocalPoint Securities

Stifel Financial to Acquire Portion of B. Riley Wealth Management Business

November 1, 2024

Wealth Management

B. Riley Financial has signed a definitive agreement to sell a portion of its traditional (W-2) wealth management business to Stifel Financial for an estimated $27 million to $35 million in cash. Approximately 40 to 50 independent advisors (and related customer accounts with $3.5 billion to $4.5 billion in AUM) are expected to transition to Stifel in early 2025, subject to regulatory approvals and closing conditions.

B. Riley Financial Acquires Interface Consulting International

July 8, 2024

Engineering Services

B. Riley Financial has acquired the assets of Interface Consulting International, a Houston-based engineering and construction consulting firm that provides claims management, dispute resolution, forensic analysis, and expert testimony. The Interface Consulting team will join B. Riley Advisory Services to expand the firm's forensic accounting, litigation support, and construction advisory capabilities.

Clayton, Dubilier & Rice Acquires Focus Financial Partners

February 27, 2023

Wealth Management

Clayton, Dubilier & Rice (CD&R), with continued investment from Stone Point Capital, agreed to acquire Focus Financial Partners in an all-cash transaction valuing the company at an enterprise value in excess of $7 billion. Focus stockholders will receive $53 per share; Stone Point will retain a portion of its investment and provide new equity financing to support Focus as a private company, which the buyers say will provide greater financial and operating flexibility to grow the partner-firm network.

B. Riley Financial Acquires Corporate Division of Farber Group; Becomes B. Riley Farber

February 22, 2023

Financial Services

B. Riley Financial, Inc. acquired the corporate division of Farber Group, a Toronto-based restructuring and business advisory firm. The acquired corporate division will be integrated into B. Riley Advisory Services and will operate under the name B. Riley Farber, expanding B. Riley’s restructuring, turnaround management, and cross-border advisory capabilities in Canada and across North America.

CDW Corporation Acquires Focal Point Data Risk

August 3, 2021

Cybersecurity

CDW Corporation acquired Focal Point Data Risk from Norwest Equity Partners, with the transaction closing on July 30, 2021. Focal Point, a Tampa-based cybersecurity and data risk management services firm with ~235 employees, will expand CDW's professional and managed security services capabilities.

B. Riley Financial to Acquire National Holdings

January 11, 2021

Financial Services

B. Riley Financial has entered into a definitive agreement to acquire National Holdings Corporation, initiating an all-cash tender offer for the remaining shares it does not own at $3.25 per share. The deal will combine B. Riley's diversified financial services platform with National's investment banking, brokerage and wealth management businesses, materially expanding B. Riley's retail distribution and assets under management.