B. Riley Principal Investments Acquires Targus

TorQuest Partners Acquires GlassRatner from B. Riley Financial for $117.8M

June 27, 2025

Consulting

Funds managed by TorQuest Partners purchased GlassRatner (B. Riley’s advisory services business) from B. Riley Financial for $117.8 million. B. Riley expects to record a gain of approximately $66 million on the sale; TorQuest plans to invest in GlassRatner as a platform to support growth and expand its advisory capabilities.

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.

Targus Acquires Hyper by Sanho Corporation

May 4, 2021

Consumer Products

Targus has acquired Sanho Corporation and its Hyper brand to broaden its tech accessory portfolio, particularly products geared toward Apple and PC users. Hyper will remain headquartered in Silicon Valley and continue to be led by CEO Daniel Chin, while gaining access to Targus’s global sales, distribution, and marketing resources.

Montagu Private Equity Acquires Majority Stake in ITRS Group from TA Associates

January 19, 2021

Software

Montagu Private Equity has agreed to acquire a majority position in ITRS Group from TA Associates, which will remain a minority shareholder alongside Montagu and ITRS management. ITRS, a London-headquartered provider of real-time monitoring and analytics software with more than 3,000 clients globally, will partner with Montagu to accelerate growth and expand its product and market footprint.

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.

B. Riley Principal Merger Corp. Completes Business Combination with Alta Equipment; Alta Acquires Liftech and Flagler

February 14, 2020

Industrial Services

B. Riley Principal Merger Corp. and Alta Equipment Holdings, Inc. completed their previously announced business combination, creating the public company Alta Equipment Group Inc. Concurrently, the combined company (Alta) closed two add-on acquisitions — Liftech Equipment Companies, Inc. and FlaglerCE Holdings, LLC — to expand its geographic footprint and aftermarket parts, sales and service capabilities.