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LOS ANGELES, Feb.  01, 2019  (GLOBE NEWSWIRE) -- Great American Capital Partners, LLC (“GACP”), a B. Riley Financial company (NASDAQ: RILY), is pleased to announce that it has acted as administrative agent for a $200 million senior secured term loan to BJ Services, LLC (the “Company”). The transaction will provide additional financial flexibility for the Company, which operates the third-largest pressure pumping fleet and the second largest oilfield cementing fleet in North America, with operating locations across all the major resource plays. “We are very pleased to provide BJ Services with a financing solution that meets their capital needs and supports liquidity as they continue to execute their business initiatives,” said John Ahn, President of GACP. Bob Louzan, Managing Director of GACP added, “Management, led by industry veterans, has clearly demonstrated their ability to transform the operations through steady improvements quarter over quarter. This transaction is one more example of GACP’s ability to creatively structure debt solutions for our borrowers.”
“BJ Services is pleased with GACP’s execution and professionalism throughout the process. We are pleased to put in a long-term capital structure which supports our growth plan for 2019 and beyond,” said Kelly Youngblood, Chief Financial Officer of BJ Services. For more information about GACP, visit  www.gacapitalpartners.com . About Great American Capital Partners, LLC
Great American Capital Partners is a private middle market debt fund that invests in senior secured loans across a wide array of industries and is dedicated to providing opportunistic and responsive capital to the underserved middle market. About B. Riley Financial, Inc.
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. About BJ Services
Based in Tomball, Texas, BJ Services provides hydraulic fracturing and cementing services to upstream oil and gas companies engaged in the exploration and production of North American oil and natural gas resources. For more information, please visit our website at www.bjservices.com . Media Contact for BJ Services
Michelle Gray

Great American Capital Partners Provides $200 Million Senior Secured Term Loan to BJ Services, LLC

| Source : Great American Capital Partners
LOS ANGELES, Feb.  01, 2019  (GLOBE NEWSWIRE) -- Great American Capital Partners, LLC (“GACP”), a B. Riley Financial company (NASDAQ: RILY), is pleased to announce that it has acted as administrative agent for a $200 million senior secured term loan to BJ Services, LLC (the “Company”). The transaction will provide additional financial flexibility for the Company, which operates the third-largest pressure pumping fleet and the second largest oilfield cementing fleet in North America, with operating locations across all the major resource plays. “We are very pleased to provide BJ Services with a financing solution that meets their capital needs and supports liquidity as they continue to execute their business initiatives,” said John Ahn, President of GACP. Bob Louzan, Managing Director of GACP added, “Management, led by industry veterans, has clearly demonstrated their ability to transform the operations through steady improvements quarter over quarter. This transaction is one more example of GACP’s ability to creatively structure debt solutions for our borrowers.”
“BJ Services is pleased with GACP’s execution and professionalism throughout the process. We are pleased to put in a long-term capital structure which supports our growth plan for 2019 and beyond,” said Kelly Youngblood, Chief Financial Officer of BJ Services. For more information about GACP, visit  www.gacapitalpartners.com . About Great American Capital Partners, LLC
Great American Capital Partners is a private middle market debt fund that invests in senior secured loans across a wide array of industries and is dedicated to providing opportunistic and responsive capital to the underserved middle market. About B. Riley Financial, Inc.
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. About BJ Services
Based in Tomball, Texas, BJ Services provides hydraulic fracturing and cementing services to upstream oil and gas companies engaged in the exploration and production of North American oil and natural gas resources. For more information, please visit our website at www.bjservices.com . Media Contact for BJ Services
Michelle Gray

Great American Capital Partners Provides $90MM Senior Secured Loan to Murray Energy
September 19, 2018, 08:12 AM
Great American Capital Partners, LLC (GACP), a specialty finance company which originates and underwrites senior secured loans, announced it has entered into an agreement with Murray Energy Corp. to provide a $90 million senior secured FILO term loan. Financing for the loan is being provided through funds managed by GACP. The loan was part of the company's previously announced capital restructuring and will provide additional liquidity to the business. Founded in 1988, Murray Energy Corp. is the largest privately-owned coal company in the US and produces bituminous coal primarily used in power generation. "We are very pleased to work with Murray Energy and provide a financing solution that meets their capital needs and provides liquidity for the recapitalized business," said John Ahn, President of GACP. "This transaction is another example of GACP's interest and ability to creatively provide solutions in the energy sector." "Murray Energy is excited to work with GACP," said Robert Moore, Executive Vice President, Chief Operating Officer, and Chief Financial Officer of Murray Energy. "The GACP team has a thorough understanding our business and this loan will enable us to strengthen our position in the global marketplace."

Great American Capital Partners Provides $90MM Senior Secured Loan to Murray Energy

| Source: Great American Capital Partners
LOS ANGELES, Sept.  18, 2018  (GLOBE NEWSWIRE) -- Great American Capital Partners, LLC (“GACP”), a specialty finance company which originates and underwrites senior secured loans, announced it has entered into an agreement with Murray Energy Corp. to provide a $90 million senior secured FILO term loan. Financing for the loan is being provided through funds managed by GACP. The loan was part of the company’s previously announced capital restructuring and will provide additional liquidity to the business. Founded in 1988, Murray Energy Corp. is the largest privately-owned coal company in the US and produces bituminous coal primarily used in power generation. “We are very pleased to work with Murray Energy and provide a financing solution that meets their capital needs and provides liquidity for the recapitalized business,” said John Ahn, President of GACP. “This transaction is another example of GACP’s interest and ability to creatively provide solutions in the energy sector.”
"Murray Energy is excited to work with GACP,” said Robert Moore, Executive Vice President, Chief Operating Officer, and Chief Financial Officer of Murray Energy. “The GACP team has a thorough understanding our business and this loan will enable us to strengthen our position in the global marketplace.”
For more information about GACP, visit www.gacapitalpartners.com . About Great American Capital Partners, LLC
Great American Capital Partners (GACP) originates and underwrites senior secured loans across a wide array of industries and is dedicated to providing opportunistic and responsive capital to the underserved middle market. About B. Riley Financial, Inc.
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. Media Contact:

Great American Capital Partners Provides $90 Million Senior Secured FILO Term Loan to Murray Energy Corp.

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Jan 11, 2017,  17:43 ET
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LOS ANGELES, Jan. 11, 2017 /PRNewswire/ -- Great American Capital Partners, LLC (GACP), a wholly owned subsidiary of B. Riley Financial Inc. (NASDAQ: RILY ),  has entered into an agreement with Eleven James™, Inc., to provide a $20 million senior secured term loan to be used for general corporate purposes to support the company's continued growth. Eleven James is revolutionizing the luxury goods market with its pioneering "Discover, Experience and Share" platform that optimizes access, variety and value in luxury consumption. John Ahn, President of GACP commented: "We are excited to partner with Eleven James and to play an important role in their continued growth and success. "  
Said Randy Brandoff, Founder and CEO of Eleven James, "The successful capital raise validates Eleven James' business model, affirms its commitment to top-notch management, internal systems and controls, and firmly establishes our position as a leader in democratizing access to luxury goods and experiences. We appreciate the time and effort GACP committed to partnering with us and supporting our business. "
Olivier Reza, Chairman of Eleven James added: "Now that we have secured the requisite financial resources, Eleven James is empowered to realize its vision of becoming the ultimate destination for a new, modern era in luxury experience. "
About Eleven James, Inc.
Eleven JamesTM Inc. is a pioneering experience platform that provides Dynamic AccessTM – "Discover, Experience and Share" - to an unrivaled collection of luxury timepieces. Members also have access to a myriad of personalized benefits and services, as well as exclusive events and experiences. For more information, please visit www.ElevenJames.com . About Great American Capital Partners, LLC
GACP, a division of B. Riley Capital Management, an SEC Registered Investment Advisor and a wholly owned subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY ), originates and underwrites senior secured loans across a wide array of industries. GACP is dedicated to providing opportunistic and responsive capital to the underserved middle market. B. Riley Financial, Inc. is a publicly traded, diversified financial services company which takes a collaborative approach to 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 & Co., LLC ( www.brileyco.com ), Great American Group, LLC ( www.greatamerican.com ), and B. Riley Capital Management, LLC (which also includes B. Riley Asset Management ( www.brileyam.com ) and B. Riley Wealth Management, ( www.brileywealth.com )). The Company also makes proprietary investments in other businesses, such as the acquisition of United Online, Inc. ( www.untd.com ) in July 2016, where B. Riley Financial, Inc. is uniquely positioned to leverage its expertise and assets in order to maximize value. Great American Capital Partners contact:
John Ahn


Great American Capital Partners Provides $20 Million Senior Secured Term Loan to Eleven James

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Great American Capital Partners provides senior secured loans and second lien secured loan facilities to middle market public and private U.S. companies. Great American Capital Partners is part of B. Riley Financial (OTCQB: RILY) which provides collaborative financial services and solutions through several subsidiaries, including: B. Riley & Co., a full service investment bank providing corporate finance, research, and sales & trading to corporate, institutional and high net worth individual clients; Great American Group, a provider of advisory and valuation services, asset disposition and auction solutions, and commercial lending services; B. Riley Asset Management, a provider of investment products to institutional and high net worth investors, and MK Capital Advisors a multi-family office practice and wealth management firm focused on the needs of ultra-high net worth individuals and families.

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