B. Riley Financial (RILY) Acquires Assets of ABTV
B. Riley Financial, Inc. (Nasdaq: RILY) ("B. Riley"), a diversified financial services platform, today announced that it has acquired certain assets of ABTV, a leading independent business and financial advisory firm based in
Formerly known as
Established in 1989, ABTV helps its clients address complex challenges and capitalize on key opportunities that deliver bottom-line results. The firm has a strong legacy in the corporate revitalization industry as a pioneer and leader for over 30 years. As a founding member of the Turnaround Management Association (TMA), the firm was active in developing the industry's professional standards and certifications including the Certified Turnaround Professional (CTP) designation.
Additional services offered through B. Riley's diversified platform include valuation and appraisal, forensic accounting, litigation support, asset disposition, investment banking, wealth management, and asset management. This acquisition follows the recent addition of
Key Senior Restructuring Professionals Join B. Riley Advisory Services
Sanz currently serves on the Board of the Carolinas Chapter of the Turnaround Management Association (TMA) where he was also a past President. He also served on the Board of Trustees of TMA Global, where he chaired the Certification Oversight Committee which oversees the administration of the CTP professional designation. In addition, Sanz is a current member of the American Bankruptcy Institute (ABI), Secured Finance Network, CFA Institute, CFA North Carolina Society, and the Association for Corporate Growth (ACG). He is alum of the University of Virginia and earned an MBA with honors from Emory University.
Kain currently serves on the Board of the Chesapeake Chapter of TMA and is also a member of ABI and the Risk Management Association (RMA). He earned a bachelor's degree in Economics from the College of William and Mary and an MBA from William and Mary's Raymond A. Mason School of Business.
Financial terms of the transaction were not disclosed.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- B. Riley Farber (RILY) Appoints Ryan Adlington as Senior Managing Director
- KKR & Co. (KKR) agreed to acquire Immedica Pharma
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
Create E-mail Alert Related Categories
Corporate News, Mergers and AcquisitionsRelated Entities
B. Riley, Bankruptcy, Earnings, Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!