B. Riley acquires Detroit-based Crawford & Winiarski

14 July 2023 Consulting.us 2 min. read

B. Riley Financial, a Los Angeles-based diversified financial services company, has acquired Crawford & Winiarski, a Detroit-based forensic accounting and litigation consulting firm.

Founded in 2001, Crawford & Winiarski provides accounting, financial and economic consulting, and damages analysis services in connection with commercial disputes, financial fraud investigations, business valuations, and corporate insolvencies. The firm also delivers consulting services in connection with data management, transactional database analysis projects, and the analysis of representations and warranties insurance (RWI) claims.

Crawford & Winiarski’s nine employees have particular expertise supporting clients in the automotive and automotive components industries.

B. Riley’s acquisition of Crawford & Winiarski will strengthen its financial consulting division and add a dedicated litigation support and forensic practice in Detroit. Founders Rod Crawford and Bob Winiarski will join B. Riley Advisory services, alongside their team.

B. Riley acquires Detroit-based Crawford & Winiarski

"This addition reflects our continued investment to strategically grow our financial consulting business with highly qualified and talented professionals who can deliver best-in-class service to our clients,” said Ian Ratner, co-CEO of B. Riley Advisory Services. “We are pleased to welcome the Crawford & Winiarski team to B. Riley and look forward to building on our established leadership in forensic accounting and litigation consulting in the Midwest."

B. Riley in 2020 acquired Alderney Advisors, a Detroit-based turnaround and restructuring firm focusing on the automotive industry.

B. Riley’s various subsidiaries provide services in investment banking and institutional brokerage, wealth management, real estate solutions, corporate advisory, due diligence and valuation, forensic accounting, and restructuring. The company has more than 1,600 employees, according to LinkedIn, and approximately 200 offices across the US, Mexico, Germany, India, and Australia.

"For over 20 years, we have demonstrated our commitment to provide exceptional service by helping resolve complex business problems efficiently and effectively,” Crawford said. “Joining B. Riley offers our team and clients access to a broader suite of financial services to expand on the world-class service that our clients have come to expect."