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B. Riley Financial Acquires FocalPoint Securities - News

B. Riley Financial has agreed to acquire FocalPoint Securities, LLC, a leading independent investment bank based in Los Angeles, for total consideration of up to $175 million. The transaction, which will create revenue synergies for both companies, comes as FocalPoint is experiencing significant momentum with $17 billon in closed transactions. ....

United States , Houlihan Lokey , Los Angeles , Duane Stullich , Bryant Riley , Sidley Austin , Focalpoint Securities , Sullivan Cromwell , Co Chief Executive Officer , Southern California , Nishen Radia , Rajesh Sood , Managing Partner ,