B. Riley Securities, an investment bank and subsidiary of B. Riley Financial, added a team of nine healthcare and life sciences professionals from Huron Transaction Advisory, including James Metcalf and Benjamin Matz. Metcalf joined as a senior managing director and is based in New York, while Matz joined as a managing director and will be based in Los Angeles.
“The deep industry expertise and proven execution capabilities of this team significantly enhances our accomplished healthcare and life sciences capital markets franchise,” Andy Moore, CEO of B. Riley Securities, said. “Coupled with the recent addition of FocalPoint, B. Riley has firmly established its position as a leading advisor to organizations and investors across the healthcare dealmaking continuum.”
“We are pleased to welcome this talented group, which brings decades of experience guiding management teams and investors through strategic and financial transactions across healthcare,” Nishen Radia, senior managing director and co-head of M&A at B. Riley Securities, said. “Our healthcare group has grown significantly and has quickly become one of the strongest platforms in the middle market. With an extended set of professional capabilities, we continue to invest in talent that will best serve our clients as they seek to capitalize on the opportunities being presented by the evolving market landscape.”
Prior to joining B. Riley, Metcalf served as a managing director and leader in Huron’s investment banking affiliate. He has more than 17 years of experience advising publicly traded, financial sponsor-backed and privately held organizations across all facets of the healthcare industry, including acute care, behavioral health, post-acute care, ancillary and pharmaceutical services, payors, healthcare IT, distribution companies and physician practice management. Earlier in his career, he worked in EY’s and Morgan Keegan’s U.S. healthcare investment banking practices and has held positions in corporate finance, banking and global equities at Bank of America Securities and J.P. Morgan.
“The resources and domain expertise across B. Riley strike us as a natural fit for our team, and I could not be more excited to contribute to this best-in-class platform,” Metcalf said.
Matz is a CFA and previously served as a managing director for Huron’s investment banking affiliate. Matz has advised organizations on a multitude of healthcare services transactions, spanning behavioral health, managed care, payor services, pharmaceutical services, physician practice management and telemedicine. He has led public and private organizations through M&A and recapitalization processes, equity and debt transactions, asset sales and balance sheet restructurings. Prior to his tenure at Huron, Matz was a director at Conway MacKenzie Capital Advisors. He is an active member of the Los Angeles chapter of the CFA Institute and the Association for Corporate Growth.
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