TSL Express Daily News
The Secured Lender
SFNet's 40 Under 40 Awards Issue
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Top 5 Apps for Organizing
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
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It’s Not Too Late – Five Member Benefits to Cash In On Now
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It’s Time To Break Up With Your Phone
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
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A Commercial Banker’s Tickler Transition Plan
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
July 1, 2024
Source: B. Riley Securities, Inc.
LOS ANGELES, July 1, 2024 -- B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank, advised on the sale of The Santa Barbara Smokehouse ("SBS"), a leader in producing smoked salmon of the highest quality, to HKW's portfolio company, PANOS Brands, LLC (“PANOS”), a provider of branded consumer foods. Financial terms of the transaction were not disclosed.
Robert Woolway, Senior Managing Director at B. Riley Securities, said “Our team worked very hard to find the best strategic buyer for SBS, and we were thrilled when HKW agreed SBS would be an outstanding addition to their line-up of brands at PANOS."
SBS uses traditional, artisanal smoking methods originated in Scotland and adopted by founder Tim Brown to create handcrafted delicacies for a range of blue-chip customers in the retail and foodservice channels. Industry experts consider SBS’s Cambridge House Private Reserve to be one of the world’s finest smoked salmon products. For more information, visit www.sbsmokehouse.com.
Tim Brown said, “I am excited for PANOS to expand their reach of our products to fuel consumer interest in high quality smoked salmon. B Riley did an excellent job, based on its deep relationships with food industry investors, identifying a number of interested parties, including HKW’s PANOS Brands.”
B. Riley's M&A advisory team was led by Robert Woolway. Read more about the transaction here.
About B. Riley Securities
B. Riley has served as a preeminent fixture in middle market brokerage and investment banking for over 25 years. We provide a full suite of investment banking and capital markets services to companies, financial sponsors, and institutional investors across all industry verticals. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, merger and acquisition (M&A) advisory, SPACs, debt financings, corporate restructuring and recapitalization. Widely recognized for our thematic proprietary equity research, clients benefit from B. Riley's extensive network, industry expertise, and proven execution capabilities of our end-to-end financial services platform. Please see disclosures about B. Riley Securities Research here. The firm is a subsidiary of B. Riley Financial (Nasdaq: RILY). For more information, visit www.brileysecurities.com.
Robert Woolway, Senior Managing Director at B. Riley Securities, said “Our team worked very hard to find the best strategic buyer for SBS, and we were thrilled when HKW agreed SBS would be an outstanding addition to their line-up of brands at PANOS."
SBS uses traditional, artisanal smoking methods originated in Scotland and adopted by founder Tim Brown to create handcrafted delicacies for a range of blue-chip customers in the retail and foodservice channels. Industry experts consider SBS’s Cambridge House Private Reserve to be one of the world’s finest smoked salmon products. For more information, visit www.sbsmokehouse.com.
Tim Brown said, “I am excited for PANOS to expand their reach of our products to fuel consumer interest in high quality smoked salmon. B Riley did an excellent job, based on its deep relationships with food industry investors, identifying a number of interested parties, including HKW’s PANOS Brands.”
B. Riley's M&A advisory team was led by Robert Woolway. Read more about the transaction here.
About B. Riley Securities
B. Riley has served as a preeminent fixture in middle market brokerage and investment banking for over 25 years. We provide a full suite of investment banking and capital markets services to companies, financial sponsors, and institutional investors across all industry verticals. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, merger and acquisition (M&A) advisory, SPACs, debt financings, corporate restructuring and recapitalization. Widely recognized for our thematic proprietary equity research, clients benefit from B. Riley's extensive network, industry expertise, and proven execution capabilities of our end-to-end financial services platform. Please see disclosures about B. Riley Securities Research here. The firm is a subsidiary of B. Riley Financial (Nasdaq: RILY). For more information, visit www.brileysecurities.com.
