LOS ANGELES, Nov. 4, 2020 /PRNewswire/ -- B. Riley Advisory
Services, a specialty financial advisory services firm and
subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), today
announced the opening of an office in Mexico. B. Riley Advisory Services de
Mexico. S. de R.L. ("B. Riley
Advisory Services de Mexico") will
be led by Gaston Mauvezin, a
seasoned executive with 20+ years of leadership experience at firms
in the Automotive, Financial Services, Real Estate, Agribusiness,
Industrial and Consumer markets in Argentina, Brazil and Mexico.
Having already built a significant international advisory
network through a partnership with BTG Global Advisory ("BTG
GA"), B. Riley Advisory Services' expansion into Mexico will be a valuable resource to both
global companies and U.S. businesses with dealings in Mexico, in addition to domestic-based
opportunities. B. Riley Advisory Services partnered with fellow BTG
Global Advisory member TCP Partners to open this new office. B.
Riley Advisory Services de Mexico
will work closely with the U.S. team to provide advisory-related
services in restructuring, M&A, crisis management, corporate
finance, due diligence and valuation issues.
"Mexico is currently one of the
U.S.'s largest trading partners and we see a tremendous need for
advisory services that we offer in the country," said Ian Ratner, co-CEO of B. Riley Advisory
Services. "As our international alliances have grown, our partners
in Brazil, TCP Partners, and us
decided to open this office to fill this geographic gap. We see
considerable opportunity to serve U.S. companies and U.S. lawyers
with situations in Mexico – and
our growing Automotive Restructuring practice will also be key in
this country. Gaston Mauvezin's
extensive experience in operational and financial restructuring and
turnarounds make him the ideal candidate to lead B. Riley Advisory
Services de Mexico."
"I am privileged to lead the incursion of a firm with the
caliber and trajectory of B. Riley Financial into Mexico," said Gaston
Mauvezin. "I am convinced that the broadness of our service
offering and our deep expertise spanning a wide range of industries
uniquely positions us to offer both specific and integral solutions
in complex restructuring and reorganization processes. Through our
expert local team and by leveraging our affiliation with BTG GA, we
offer unparalleled global capabilities for our clients to
succeed."
About B. Riley Advisory Services
B. Riley Advisory
Services works with lenders, law firms, private equity sponsors and
companies of all types. Our Advisory Services are a unique mix of
Valuation and 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. B. Riley
Advisory Services is the trade name for GlassRatner Advisory &
Capital Group, LLC, Great American Group Advisory & Valuation
Services, LLC, Great American Group Machinery & Equipment, LLC,
and Great American Group Intellectual Property, LLC. For more
information, please visit
https://brileyfin.com/capabilities/advisory-services.
Forward-Looking Statements
Statements in this
press release that are not descriptions of historical facts are
forward-looking statements that are based on management's current
expectations and assumptions and are subject to risks and
uncertainties. If such risks or uncertainties materialize or such
assumptions prove incorrect, our business, operating results,
financial condition, and stock price could be materially negatively
affected. You should not place undue reliance on such
forward-looking statements, which are based on the information
currently available to us and speak only as of the date of this
press release. Factors that could cause such actual results to
differ materially from those contemplated or implied by such
forward-looking statements include, without limitation, the risks
associated with the unpredictable and ongoing impact of the
COVID-19 pandemic and other risks described from time to time in B.
Riley Financial, Inc.'s periodic filings with the SEC, including,
without limitation, the risks described in B. Riley Financial,
Inc.'s Annual Report on Form 10-K for the year ended December 31, 2019, and Quarterly Report on Forms
10-Q for the quarters ended March 31,
2020 and June 30, 2020, under
the captions "Risk Factors" and "Management's Discussion and
Analysis of Financial Condition and Results of Operations."
Additional information will be set forth in our Quarterly Report on
Form 10-Q for the quarter ended September
30, 2020. These factors should be considered carefully, and
readers are cautioned not to place undue reliance on such
forward-looking statements. All information is current as of the
date this press release is issued, and B. Riley Financial, Inc.
undertakes no duty to update this information.
Contacts
|
|
|
|
Investor
Relations
|
Media
Relations
|
Brad
Edwards
|
Scott
Cianciulli
|
ir@brileyfin.com
|
press@brileyfin.com
|
(818)
746-9310
|
(212)
739-6753
|
View original content to download
multimedia:http://www.prnewswire.com/news-releases/b-riley-advisory-services-opens-office-in-mexico-301163777.html
SOURCE B. Riley Advisory Services