Nick Disimile Joins B. Riley Advisory Services as Director, Business Development for Southwest Region

LOS ANGELES, August 26, 2021 - B. Riley Financial (NASDAQ: RILY) ("B. Riley"), a diversified provider of business advisory and financial services, today announced that Nick Disimile has joined B. Riley Advisory Services as Director of Business Development supporting the Southwest region.

He joins B. Riley from J.P. Morgan's asset-based lending group where he served as Vice President of Originations responsible for sourcing credit facilities and financing solutions ranging from $5 million to $100 million.

Bill Soncini, National Marketing Manager with B. Riley Advisory Services commented: "We are thrilled to welcome Nick to our team as we continue to expand our coverage of the Southwest market while serving as a valuable partner to lenders, private equity groups, and companies. Nick's deep experience in asset-based lending will ensure his ability to relate to our clients' appraisal and valuation needs and help to limit execution risk during the diligence process."

Working closely with David Seiden who oversees the Southeast and Southwest regions for B. Riley, Disimile will be focused on supporting and expanding the firm's relationships with lenders and private equity firms in Arkansas, Louisiana, Oklahoma, and parts of Texas.

Disimile earned a B.A. from Loyola University Maryland and is based in Dallas.

For more information about B. Riley Advisory Services, visit: www.brileyadvisoryservices.com.

About B. Riley Advisory Services

B. Riley Advisory Services is a financial consulting and valuation firm 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. The firm is a subsidiary of B. Riley Financial.

B. Riley Financial provides collaborative solutions tailored to fit the capital raising and business advisory needs of its clients and partners. B. Riley operates through several subsidiaries that offer a diverse range of complementary end-to-end capabilities spanning investment banking and 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. For more information, please visit www.brileyfin.com.

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Contacts

Business Inquiries

Nick Disimile

B. Riley Advisory Services

ndisimile@brileyfin.com

(516) 707-7040

Media

Jo Anne McCusker

B. Riley Financial

press@brileyfin.com

(646) 885-5425