Adds Industry-Leading Team of Consultants to B. Riley Advisory Services,
Enhances Platform's Continuum of Professional Services
LOS ANGELES and HOUSTON, July 8, 2024 - B. Riley Financial, Inc. (Nasdaq: RILY) ("B. Riley") today announced it
has acquired the assets of Interface
Consulting International, Inc. ("Interface
Consulting"), a leading engineering and construction consulting and expert
services firm.
Interface
Consulting specializes in troubled projects, from providing in-depth analysis
and expert testimony in litigation, arbitration, mediation, and disputes, to project
planning guidance and execution. The firm serves a variety of clients involved
in the engineering and construction process including owners, contractors,
attorneys, engineers, insurers, and suppliers. This team of highly qualified
consultants has experience assisting in large, complex domestic and international
capital projects and has supported client matters in over 60 countries on nearly
every continent including Africa, Australia, Asia, Europe, North America, and
South America.
Through the
acquisition, Interface Consulting joins B. Riley Advisory Services, adding
another industry-leading practice to the firm's continuum of professional
services. Interface Consulting's team of professionals, led by Chris Sullivan,
President, and Lisa Sumner Heard, Executive Vice President, brings decades of
experience advising clients on complex construction and engineering projects.
Ian
Ratner, co-CEO of B. Riley Advisory Services,
commented: "Interface Consulting is a highly regarded expert services and dispute
resolution firm with a decades-long track record of delivering exceptional service
to its clients across the construction and engineering space. We are thrilled
to welcome our newest colleagues to B. Riley. This team is an exciting addition
with which to further enhance our Forensic Accounting and Litigation Support
practice as we expand our professional services platform to address our
clients' most critical objectives."
Chris
Sullivan, President of Interface Consulting, added: "We
are proud of the legacy we have built over nearly 40 years and are excited for
a bright future as part of B. Riley. Our clients have come to rely on the multidisciplined
field experience and expert insight of our team to navigate challenging matters.
Interface Consulting has expertise in construction claim and litigation
support, including providing expert testimony in court and arbitration. Many of
our consultants have worked on capital projects throughout the engineering,
procurement, construction, and start-up phases, and this hands-on experience
benefits our clients by providing industry-leading analysis and insight. The
combination of our firms enhances the strategic solutions we offer through access
to a full suite of services spanning forensic accounting, investment banking, advisory,
and much more. We look forward to contributing to B. Riley's continued success
as we carry on our tradition of providing superior claims management and expert
services to our clients across the industries we serve."
Mr. Sullivan has over 35 years of experience in engineering and project management in the U.S. and abroad. As a specialist in the commercial and technical aspects of project management, throughout his career, he has been engaged on several high-profile engineering and construction projects involving refineries, chemical plants, petrochemical and industrial facilities, oil and gas facilities, power plants, pipelines, and commercial buildings. His expertise in contract execution includes project development, engineering, procurement, construction, and project controls. Ms. Heard has over 35 years of experience in the marketing, management, and operations of a professional services and expert advisory firm. Her work has included providing quality service in managing client engagements, building relationships within the construction and legal industries, and providing strategic insight on the issues affecting contractors, owners, and attorneys.
About
Interface Consulting
Interface
Consulting is a leading construction consulting firm providing a portfolio of
professional support services, including claims management and analysis,
project advisory, and litigation and arbitration support, to a wide range of
clients involved in the engineering and construction process. For more
information, visit www.interface-consulting.com.
About
B. Riley Advisory Services
B. Riley Advisory
Services is a leading provider of specialty business advisory services 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. For more information, visit www.brileyadvisoryservices.com.
About
B. Riley Financial
B. Riley
Financial (Nasdaq: RILY) 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 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 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. For more information, please visit www.brileyfin.com and
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Media Contact
Jo Anne McCusker
B. Riley Financial, Inc.
press@brileyfin.com
(646) 885-5425