B. Riley & Company Represents Corporate DNA, Inc. in Its Sale to Carpathia Corporation.LOS ANGELES & NEWPORT BEACH, Calif. -- B. Riley & Company today announced that it has successfully represented Corporate DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. , Inc. in its sale to Carpathia Corporation. B. Riley's Managing Director Andre D. Guardi and Senior Vice President Adam J. Little represented the seller in the transaction. The terms were undisclosed. Corporate DNA, Inc. (www.corp-dna.com) is an Irvine, California-based privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. which provides temporary consultants to companies on a project basis. The company's consultants consist of experienced professionals specializing in accounting/finance and human resources needs. Headquartered in West Chester, Pennsylvania The Borough of West Chester is the county seat of Chester County, Pennsylvania.GR6 Philadelphia is 25 miles to the east and Wilmington 17 miles to the south. , Carpathia Corporation is an innovative provider of complementary accounting, internal audit, business advisory, and permanent search and contract staffing for clients ranging from start-ups through multi-national organizations. Carpathia is a portfolio company of several private equity institutions, including Chicago Growth Partners (CGP), Peppertree Capital and Goldman Sachs (NYSE NYSE See: New York Stock Exchange :GS). Carpathia is making strategic acquisitions to build a national provider of non-attest accounting, audit and advisory services. "We are pleased to have successfully represented Corporate DNA shareholders in their search for a strategic acquirer," said Guardi. "B. Riley's efforts generated solid proposals from several strategic buyers, allowing Corporate DNA to choose an investor that is both industry-aligned and which offers significant resources and operational infrastructure for Corporate DNA's continued growth," said company co-founders Josh Miller and Martin Foxman. Messrs. Guardi and Little are members of B. Riley's Corporate Finance Group, which provides investment banking services, including buy and sell side representation on mergers and acquisitions, initial and secondary public offerings, institutional private placements, fairness opinions, valuations and expert witness testimony. B. Riley has provided M&A advisory services to a wide variety of companies, including: Ambassadors International, Inc. (Nasdaq:AMIE AMIE AIS (Automated Information System) Meteorological Information Equipment AMIE Automated Medical Information Exchange AMIE Advanced/Moon Micro-Imaging Experiment (NASA) ), The Grand Prix Association of Long Beach (Toyota Grand Prix); Vans (Nasdaq:VANS); and Bosley Medical, to name a few. ABOUT B. RILEY & CO. B. Riley & Co. is an independent West Coast-based investment bank servicing the capital formation needs of a wide range of middle market private and public companies. The firm provides Equity and High Yield research of companies that are under followed or misunderstood by Wall Street and trading ideas to both institutional clients and high net worth individuals. Founded in 1997, B. Riley & Co. is headquartered in Los Angeles, and maintains offices in Newport Beach, California Newport Harbor redirects here. For the MTV reality series, see . Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles south of downtown Santa Ana. , San Francisco and New York. It is a member of the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). and SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. . For more information, please visit www.brileyco.com. |
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