B. Riley Financial Announces Sale of Atlantic Coast Recycling, LLC for $70 Million in Cash Proceeds

Core Viewpoint - B. Riley Financial has successfully sold Atlantic Coast Recycling, LLC for approximately $70 million, expecting a gain of around$30 million in the first quarter [1][2]. Company Overview - B. Riley Financial is a diversified financial services company that provides tailored solutions to meet the strategic, operational, and capital needs of clients [2]. - The company offers a wide range of services including investment banking, institutional brokerage, private wealth management, financial consulting, corporate restructuring, and more [2]. - B. Riley Financial has made opportunistic investments to benefit its shareholders and has affiliates that originate and underwrite senior secured loans for asset-rich companies [2].