LOS ANGELES, Aug. 08, 2017 (GLOBE NEWSWIRE) -- B. Riley & Co., LLC ("B. Riley"), a full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY), announced today that it was listed in the top 5 of mid-tier banks for Dealogic's US Micro-cap Equity Capital Markets ("ECM")1 Aggregate 2012 to 2017 ranking. In a five year span between 2012 and 2017, the top 10 banks raised a total of $15.3 billion combined, compared to $7.8 billion in the previous five years.
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B. Riley has earned its way to the top 5 for US Micro-cap ECM, steadily improving from 11th place for the 5 year period ending July 31, 20132.
"These rankings evidence our firm's growing market influence and are a testament to the individuals responsible
for that growth," said Bryant Riley, Chairman and CEO of B. Riley Financial. "Our recent acquisitions have extended the firm's footprint nationwide, and keep us on track toward becoming a dominant small-cap investment bank. I look forward to seeing where we stand relative to our peers in the coming years."
1The US micro-cap companies are defined by the SEC as companies with a market capitalization between $50 million and $300 million.
2Rankings are as of August 3, 2017
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.
Source: B. Riley & Co.
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