LOS ANGELES, Sept. 16, 2019 /PRNewswire/ -- B. Riley
Financial, Inc. (NASDAQ:RILY), a diversified financial services
company, today announced that Jon
Donnel has joined its Great American Group Advisory and
Valuation Services, LLC subsidiary ("Great American") as Managing
Director of Oilfield Services based in Houston, Texas. Mr. Donnel is an experienced
advisor specializing in business valuation, investment appraisal
and financial planning for companies and lenders across the
oilfield services industry.
"Jon brings significant oil and gas industry experience to our
firm and is a welcome addition to our growing energy services
team," said Mike Marchlik, CEO,
Great American Group Advisory & Valuation Services. "Our firm
has built a stellar reputation in serving all business segments of
the energy sector for over 40 years, from oilfield services to
upstream to midstream to downstream. We look forward to Jon's
contributions as we continue to broaden the complementary services
we provide to our clients across the commodity and energy value
chain."
Specializing in energy finance for more than 15 years, with an
emphasis in the oilfield services sector, Mr. Donnel's expertise
spans asset and equity valuation, investor relations, financial
modeling and litigation support. He previously served as director
of investor relations at Weatherford International plc, a large
multinational oilfield services company, and as lead utilities and
oilfield services equity research director at Scotia Howard Weil,
an energy-sector focused investment bank. Earlier in his career, he
served as a financial analyst with ConocoPhillips, an integrated
global oil and gas company, and as a consultant with Houston-based accounting firm Compton &
Wendler. He earned an MBA and a BA in Economics & Managerial
Studies from Rice University.
"The complexity of today's capital markets environment requires
technical financial skills and industry knowledge to not only
assess, but also to preserve and maximize the value of assets
across the energy complex," said Jon
Donnel. "Our team draws on a rare combination of industry,
banking, consulting and government experience to support our
clients' evolving needs and I look forward to contributing to our
oilfield services clients' future success."
Great American is a B. Riley Financial company which provides
asset appraisal and valuation services. The firm is affiliated with
Great American Group, LLC, a leading provider of asset disposition
and liquidation services. The firm leverages its sector expertise
to assist companies, lenders, capital providers, private equity
investors and professional service firms in maximizing the value of
their assets.
For more information, visit www.greatamerican.com.
About B. Riley Financial
B. Riley Financial
(NASDAQ:RILY) provides collaborative financial services tailored to
fit the capital raising and business advisory needs of public and
private companies and high-net-worth individuals. B. Riley operates
through several wholly-owned subsidiaries which offer complementary
end-to-end capabilities spanning investment banking and
institutional brokerage, private wealth and investment management,
corporate advisory, restructuring, due diligence, forensic
accounting and litigation support, appraisal and valuation, and
auction and liquidation services. Certain registered affiliates of
B. Riley originate and underwrite senior secured loans for
asset-rich companies. The Company also makes proprietary
investments in companies and assets with attractive return
profiles. For more information, visit www.brileyfin.com.
Media Contact
Jo Anne
McCusker
B. Riley Financial
jmccusker@brileyfin.com
(646) 885-5425
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SOURCE Great American Group, a B. Riley Financial company