B. Riley Financial to Acquire National Holdings

BRC Group Holdings to Repurchase Minority Shares of B. Riley Securities and Merge B. Riley Securities with B. Riley Wealth

April 20, 2026

Financial Services

BRC Group Holdings, Inc. (BRCGH) announced plans to repurchase approximately 8% minority shares of B. Riley Securities (BRS) that it does not already own. The company also intends to merge B. Riley Securities with B. Riley Wealth (BRW) by year end, subject to regulatory approval, including FINRA approval.

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.

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.

B. Riley Financial to Acquire FocalPoint Securities

January 18, 2022

Financial Services

B. Riley Financial, Inc. agreed to acquire FocalPoint Securities, LLC, an independent middle-market investment bank based in Los Angeles, for total consideration of up to $175 million. The transaction is expected to create revenue synergies and more than quadruple B. Riley's pro forma M&A advisory business while enhancing its debt capital markets and financial restructuring capabilities.

Allstate Acquires National General Holdings

July 7, 2020

Insurance

The Allstate Corporation agreed to acquire National General Holdings Corporation for approximately $4.0 billion in cash (total $34.50 per share including expected closing dividends), a transaction expected to close in early 2021 subject to regulatory approvals. The deal expands Allstate's personal lines premiums by about $4.0 billion, increases market share among independent agent distribution, and is expected to be accretive to adjusted net income per share and ROE in the first year.