B. Riley Acquires Litigation Consulting and Forensic Accounting Firm, Crawford & Winiarski; Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
B. Riley Financial, Inc. (NASDAQ:RILY) has acquired Crawford & Winiarski, a Detroit-based boutique forensic accounting and litigation consulting firm. The terms of the deal were not disclosed.
July 11, 2023 | 11:31 am
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B. Riley's acquisition of Crawford & Winiarski could potentially expand its service offerings and client base, which may have a positive impact on its stock in the short term.
Acquisitions often lead to an expansion of services and client base, which can increase revenues and profitability. This can have a positive impact on the company's stock price. However, the exact impact will depend on the financial performance of the acquired firm and the terms of the deal, which were not disclosed.
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