B. Riley Financial, Inc. Acquires Interface Consulting International, Inc.
B. Riley Financial, Inc. (Nasdaq: RILY) has made a significant acquisition by acquiring the assets of Interface Consulting International, Inc., a prominent engineering and construction consulting and expert services firm. Interface Consulting is known for its expertise in troubled projects, offering analysis, expert testimony, and project planning guidance to clients involved in the engineering and construction process.
The acquisition of Interface Consulting adds another industry-leading practice to B. Riley Advisory Services, further enhancing the firm’s professional services platform. Led by President Chris Sullivan and Executive Vice President Lisa Sumner Heard, Interface Consulting’s team of professionals brings decades of experience advising clients on complex construction and engineering projects.
Ian Ratner, co-CEO of B. Riley Advisory Services, expressed excitement about the addition of Interface Consulting to the firm, highlighting the expertise and track record of the team in delivering exceptional service to clients in the construction and engineering space. Chris Sullivan, President of Interface Consulting, also shared his enthusiasm for the future as part of B. Riley, emphasizing the strategic solutions that the combined firms can offer to clients.
With over 35 years of experience in engineering and project management, Chris Sullivan brings a wealth of knowledge to the team, particularly in contract execution and project controls. Lisa Sumner Heard, with over 35 years of experience in professional services and expert advisory, has a strong background in managing client engagements and providing strategic insight to clients in the construction and legal industries.
Interface Consulting is a leading construction consulting firm offering a range of professional support services to clients involved in the engineering and construction process. B. Riley Advisory Services, on the other hand, provides specialty business advisory services to law firms, lenders, private equity sponsors, and companies facing various business challenges.
Overall, the acquisition of Interface Consulting by B. Riley Financial represents a strategic move to enhance the firm’s capabilities in providing tailored solutions to meet the needs of clients in the engineering and construction industry. The combined expertise of both firms is expected to offer a comprehensive suite of services to address clients’ critical objectives and contribute to B. Riley’s continued success in the professional services sector.