Expanded services. Greater reach. Same team.
We are excited to announce that Farber’s corporate division has been acquired by B. Riley Financial, Inc. (“B. Riley”). B. Riley is a publicly traded (NASDAQ: RILY), North American financial services provider with the in-house capabilities to serve any financial need at every stage of the business life cycle.
In a competitive global landscape, access to resources and expertise are paramount to the continued success and growth of our business. This deal provides Farber access to both diverse service offerings and capabilities, greater market access, and a platform to grow our presence across Canada and throughout North America.
Farber and B. Riley enjoy a longstanding relationship as founding members of BTG Global Advisory—one of the world’s largest independent financial advisory alliances. This has led to the firms collaborating on numerous cross-border engagements throughout the years. We also enjoy an established trust, aligned cultures, and shared values which will allow us to seamlessly integrate and provide value to our stakeholders.
For our clients, this means even more opportunities to partner with us. In addition to strengthened expertise—in restructuring, investment banking, forensic accounting & litigation support, and wealth management—we will continue to build and grow our executive search, interim management, human capital, and talent development offerings with access to new markets and key industries.
Gary Lifman, Senior Managing Director at B. Riley Farber notes, “We are very excited about this merger. In a competitive landscape, this was the best way to grow our business across North America.” He continues, “This deal will catapult Farber to a whole new level—enabling us to offer our clients a new depth of intellectual capital, experience, and specialization. It’s a big change but, at the same time, we are focused on continuity—providing the same level of client satisfaction with the same Farber professionals you’ve known for years.”
“We are thrilled to welcome Farber into the greater B. Riley platform,” explains Ian Ratner Co-Chief Executive Officer of B. Riley Advisory Services. “Farber is a world-class organization, and our complementary service offerings will provide new and exciting cross-border opportunities. We have a rich history working together and this synergy will provide our clients with access to a growing Canadian market.”
For more information, please see the official press release.
B. Riley Advisory Services is a financial consulting and valuation firm that works with law firms, lenders, private equity sponsors, and companies of all types on business challenges such as planning and executing a major acquisition or divestiture, pursuing a fraud investigation or corporate litigation, or managing through a business crisis or bankruptcy. The firm offers a unique mix of appraisal services including asset-based lending (ABL) valuations, restructuring and turnaround management, forensic accounting and litigation support, and transaction support services including due diligence and quality of earnings reviews. The firm is a subsidiary of B. Riley Financial.
B. Riley Financial is a diversified financial services platform that delivers tailored solutions to meet the strategic, operational, and capital needs of its clients and partners. B. Riley leverages cross-platform expertise to provide clients with full service, collaborative solutions at every stage of the business life cycle. Through its affiliated subsidiaries, B. Riley provides end-to-end, collaborative financial services across investment banking, institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction, and liquidation services. B. Riley opportunistically invests to benefit its shareholders, and certain registered affiliates originate and underwrite senior secured loans for asset-rich companies. B. Riley refers to B. Riley Financial, Inc. and/or one or more of its subsidiaries or affiliates.