Business
B. Riley Adds Experienced Consumer Investment Banker, Michael Devitt, as Managing Director
LOS ANGELES, Sept. 13, 2023 /PRNewswire/ -- B. Riley Securities, a leading middle market investment bank and subsidiary of B. Riley Financial (Nasdaq: RILY),
About this update from Brc Group Holdings, Inc.
[{"type":"text","content":"LOS ANGELES, Sept. 13, 2023 /PRNewswire/ -- B. Riley Securities, a leading middle market investment bank and subsidiary of B. Riley Financial (Nasdaq: RILY), today announced the addition of experienced consumer investment banker, Michael Devitt as a Managing Director based in the firm's Greenbrae, San Francisco office.\n\n \n \n \n \n \n \n\n \nMichael Devitt joins B. Riley Securities as a Managing Director in the firm's Consumer Investment Banking group.\"Michael has been a trusted advisor to high growth consumer brands, marketplaces, and eCommerce platforms on innovative strategic and capital raising initiatives for over 17 years. He brings significant industry and transactional experience across consumer public and private companies, and his addition represents a major step in extending our best-in-class middle market investment banking platform,\" said Andy Moore, CEO of B. Riley Securities.\nDevitt has led transactions for a number of high-profile public and private brands across the consumer sector. His vast investment banking experience spans domestic and cross-border M&A, IPOs, follow-ons, SPAC combinations, investment grade and high-yield debt, in addition to private capital markets.\nHe most recently led coverage of the omnichannel, direct-to-consumer, and marketplace business sectors as a Managing Director with TD Cowen. Previously, Devitt helped lead west coast Retail and eCommerce vertical coverage as part of the retail investment banking group at Credit Suisse Securities where he was based in their London, New York, and San Francisco offices.\n\"B. Riley's rapid growth in recent years shares many similarities with that of my high growth clients. I could not be more thrilled to join this established yet innovative and disruptive platform. I look forward to collaborating with my new teammates and contributing to the firm's continued success,\" commented Devitt.\nDevitt earned his BS from Cornell University with a concentration in industrial and labor relations.\nFor more information about B. Riley Securities, visit www.brileysecurities.com.\nAbout B. Riley SecuritiesB. Riley has served as a preeminent fixture in small and middle market brokerage and investment banking for over 25 years. We provide a full suite of investment banking and capital markets services to companies, financial sponsors, and institutional inves...