B. Riley Securities Served as Sell Side Advisor to Evans Manufacturing in Connection with its Acquisition by HPG

January 12, 2023

Source: B. Riley Securities, Inc.

LOS ANGELES, Jan. 12, 2023 — B. Riley Securities, Inc., a leading full-service investment bank, was pleased to serve as exclusive financial advisor to Evans Manufacturing, a leading supplier to the promotional products industry, in connection with its acquisition by HPG. The partnership brings new North American manufacturing capabilities into the HPG portfolio, with the addition of Evans’ facilities in Southern California and Nogales, Mexico.  

Alan Vaught, President of Evans, states, “I am thrilled to embark on this next chapter, in partnership with the proven team at HPG, and our shared values and perspective on the bright future of the combined Evans-HPG enterprise.” Click here to read the full press release.

B. Riley Securities acted as sell-side advisor in the transaction. B. Riley’s deal team included Chris Ankley, Greg Presson, Grayson Largman, Arjun Oza, and Julien Thurin.

About Evans Manufacturing, Inc.
Evans Manufacturing was established in 1983 as an injection molding company primarily focused on retail end markets, and entered the promotional products industry in 1992. The Company specializes in plastic and fabric products for the promotional product industry in categories including Healthcare, Household, Office, Drinkware, Pet, Writing Instruments, Travel, Auto, Golf, Outdoor, Tech, Spirit, School and more. 

About B. Riley Securities, Inc.
B. Riley Securities provides a full suite of investment banking, corporate finance, advisory, research, and sales and trading services. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, merger and acquisition (M&A) advisory, SPACs, corporate restructuring and recapitalization. B. Riley is nationally recognized and highly ranked for its proprietary small-cap equity research. The firm is a wholly owned subsidiary of B. Riley Financial. For more information, visit brileysecurities.com.  
 
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