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GlassRatner Provides Financial Advisory Services in Sale of South Coast Acura to Orange Coast Auto Group

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GlassRatner, a specialty financial advisory services firm and
wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY),
announced today that Orange Coast Auto Group of Costa Mesa, consisting
of Jeep Chrysler, Dodge, Ram, Fiat, Alfa Romeo, Nissan, and OC
Motorsports, has acquired Costa Mesa-based South Coast Acura. Financial
terms were not disclosed.

GlassRatner Principal and seasoned auto industry expert J. Michael Issa
collaborated with veteran automotive professional Andy Coyle, of Laguna
Classic Cars, in the negotiations. Issa and Coyle have a long-time
strategic alliance in the automotive space, collaborating with great
success on dealership sales and interim management assignments.

"The sale of South Coast Acura to Orange Coast had all the
characteristics of a challenging deal," said Coyle. "It made sense to
bring Mike Issa to the table as he's an expert at navigating the most
complex financial situations, including dealing with challenging tax
issues." Coyle and Issa worked together in 2011 on the successful sale
of a downtown Los Angeles Honda dealership.

According to Coyle and Issa, many smaller auto dealerships may feel
under attack from larger operations that benefit from their large scale.
"Profitability is a huge issue for a lot of dealerships, and many owners
considering selling their operation worry that they'd never get a return
on their investment based on their current balance sheet," said Issa.
"We maximize value by taking a variety of criteria into consideration
and can often negotiate a deal resulting in a tremendous amount of value
for the seller."

"There are no easy deals in the auto industry, especially in the current
business climate," said Coyle. "But, like me, Mike relishes the more
arduous transactions. He's an expert at navigating the most complex
financial situations."

About GlassRatner

GlassRatner is a national specialty financial advisory services firm
providing solutions to complex business problems and Board level agenda
items. The firm applies a unique mix of skill sets and experience to
address matters of the utmost importance to an enterprise. Through its
affiliates, GlassRatner can offer clients end-to-end services at any
stage during the business life cycle. The combination of proven
operating and financial expertise, cross-platform resources, a hands on
approach and an absolute focus on assignment execution makes GlassRatner
a unique and valuable ally for its clients and partners. Visit us on our
website at www.glassratner.com.

About B. Riley Financial, Inc. (NASDAQ:RILY)

B.
Riley Financial
 provides collaborative financial services and
solutions tailored to fit the capital raising and financial advisory
needs of public and private companies and high net worth individuals.
The company operates through several wholly-owned subsidiaries,
including B.
Riley FBR
, a full-service investment bank and institutional
brokerage; Great
American Group
, a leading provider of asset disposition, appraisal,
corporate advisory and valuation services; GlassRatner,
a specialty financial advisory services and consulting firm; B.
Riley Wealth Management
B.
Riley Asset Management
 and B.
Riley Alternatives
, which offer investment management to
institutional and high net worth investors; Great
American Capital Partners
, which originates and underwrites senior
secured loans for asset-rich companies; and B.
Riley Principal Investments
, which invests in or acquires companies
and assets with attractive return profiles.

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