B. Riley & Co LLC has acquired the investment banking team of San Francisco-based J. Moore Partners, an M&A boutique and merchant bank. No financial terms were disclosed.
LOS ANGELES, May 7, 2015 /PRNewswire/ — B. Riley & Co., LLC (B. Riley), a leading a full service, research-centric investment bank and a wholly-owned subsidiary of B. Riley Financial, Inc. (OTCBB: RILY), has expanded its technology investment banking practice with the addition of investment banking professionals from J. Moore Partners, a San Francisco-based M&A boutique and merchant bank.
The J. Moore team is made up of seasoned investment banking professionals led by its founder, Jim Moore. The J. Moore team expands B. Riley’s depth of expertise and capabilities of its technology advisory group, which focuses on providing M&A and capital raising services for leading middle market technology companies.
Moore brings nearly 20 years of capital markets experience as an investment banker, equity research analyst and investor. Prior to founding J. Moore Partners in 2008, Moore was a partner at Alex. Brown and subsequently ran enterprise software equity research after its merger with Deutsche Bank.
Moore and his team have worked with Fortune 500 companies and emerging enterprise software companies, including WebEx, Oracle, SAP, IBM, Microsoft, TIBCO, BEA Systems, Mercury Interactive, and Business Objects. Moore has raised more than $4 billionin capital for software companies in the U.S., Europe and Asia.
“We are thrilled to be adding the team from J. Moore Partners to our growing Investment Banking Group at B. Riley,” said Ryan Bernath, B. Riley’s head of investment banking. “Deep domain knowledge is a critical element to delivering sound and creative M&A and capital advisory services to our clients, and with the addition of the team from J. Moore Partners we are significantly strengthening our commitment and vertical expertise within the technology sector. This also provides us a unique opportunity to expand our presence and intellectual capital in San Francisco and Silicon Valley.”
J. Moore professionals will be based in San Francisco and continue to focus on serving enterprise software companies in rapidly growing areas of the economy, including mobility, Internet of Things, cyber security, analytics, cloud computing, infrastructure software and vertical applications.
“Teaming up with B. Riley combines our Bay Area presence and enterprise software expertise with B. Riley’s full-service advisory and capital markets platform,” commented Moore. “Our clients and vast industry relationships will benefit from our newly expanded services and capabilities.”
About B. Riley & Co., LLC
B. Riley & Co., LLC is a leading investment bank providing advisory, research, and sales & trading to corporate, institutional and high net worth individual clients. Investment banking services include M&A advisory and debt and equity offerings. The firm is nationally recognized for its highly ranked proprietary equity research. B. Riley & Co. is a member of FINRA and SIPC. For more information, please visit www.brileyco.com.
B. Riley & Co, LLC is part of B. Riley Financial, Inc. (OTCBB: RILY) which provides collaborative financial services and solutions through several subsidiaries, including: Great American Group, LLC, a leading provider of advisory and valuation services, asset disposition and auction solutions, and commercial lending services; B. Riley Asset Management, LLC, a provider of investment products to institutional and high net worth investors, and B. Riley Wealth Management, a multi-family office practice and wealth management firm focused on the needs of ultra-high net worth individuals and families. B. Riley Financial is headquartered in Los Angeles, California with offices in major financial markets throughout the United States and Europe. For more information, please visitwww.brileyfin.com.