B. Riley & Co. Acts as Exclusive Financial Advisor to A-Mark Precious Metals, Inc. in its Acquisition of Goldline Internation...
August 29 2017 - 9:00AM
B. Riley & Co., LLC (“B. Riley”), a full service investment
bank and wholly-owned subsidiary of B. Riley Financial, Inc.
(NASDAQ:RILY), served as the exclusive financial advisor to A-Mark
Precious Metals, Inc. (“A-Mark”) in connection with its acquisition
of assets of Goldline International, a leading direct retailer of
precious metals to the investor community. The transaction closed
August 28, 2017.
A-Mark is a full-service precious metals trading company and an
official distributor for all the major sovereign mints. B. Riley
assisted in the financial analysis, due diligence, structuring and
negotiating the transaction. The B. Riley deal team was led by
Managing Director Steve Reiner and Associate Erik Bullock.
“The B. Riley team worked diligently in advising us over the
course of the process, while structuring a favorable outcome for
all parties involved,” said A-Mark CEO, Greg Roberts. “Not only
does this acquisition enable us to be the exclusive supplier to
Goldline, but it also presents us with a substantial opportunity to
leverage their platform to upsell and cross-sell our value-added
services to its current and potential customers.”
“This transaction provided a unique opportunity for A-Mark to
significantly grow its customer base and enhance its platform,”
said Reiner. “We thank A-Mark for selecting B. Riley as its
financial advisor and for inviting our team to partner with them on
this transformative acquisition.”
About A-Mark Precious Metals, Inc. A-Mark
Precious Metals, Inc. is a full-service precious metals trading
company and an official distributor for many government mints
throughout the world. The company offers gold, silver, platinum and
palladium in the form of bars, plates, powder, wafers, grain,
ingots and coins. Its Industrial unit services manufacturers and
fabricators of products utilizing or incorporating precious metals,
while its Coin & Bar unit deals in over 200 coin and bar
products in a variety of weights, shapes and sizes for distribution
to dealers and other qualified purchasers. The company operates
trading centers in El Segundo, California, and Vienna, Austria, for
buying and selling precious metals.
About B. Riley & Co. B. Riley & Co.,
LLC is a leading investment bank which provides corporate
finance, research and sales and trading to corporate, institutional
and high net worth individual clients. Investment banking services
include initial, secondary and follow-on offerings, institutional
private placements and merger and acquisitions advisory services.
The firm is nationally recognized for its highly ranked proprietary
equity research. B. Riley & Co., LLC is a member
of FINRA and SIPC.
B. Riley Financial, Inc. is a publicly traded, diversified
financial services company which takes a collaborative approach to
the capital raising and financial advisory needs of public and
private companies and high net worth individuals. The Company
operates through several wholly-owned subsidiaries,
including B. Riley & Co., LLC, FBR Capital
Markets & Co., Wunderlich Securities, Inc., Great
American Group, LLC, B. Riley Capital Management,
LLC (which includes B. Riley Asset Management, B. Riley Wealth
Management, and Great American Capital Partners, LLC) and B.
Riley Principal Investments, a group that makes proprietary
investments in other businesses, such as the acquisition
of United Online, Inc.
Media Contact
press@brileyfin.com
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