Mergers & Acquisitions ·
BRC Group sells remaining stake in Great American for $62.3M and borrows $26.5M
RILYBRC Group Holdings, Inc.
Oaktree Capital Management affiliates acquired BRC Group Holdings' remaining membership interests in Great American Holdings, LLC, a combined appraisal and valuation business, for $62.25 million in cash. The transaction closed on November 3, 2026. Proceeds were used to repay approximately $51.7 million of outstanding term-loan indebtedness owed to Oaktree-affiliated lenders. Concurrently, BRC Group entered into Amendment No. 7 to its Credit Agreement, securing an incremental term loan of $26.5 million maturing in February 2028. The aggregate outstanding principal amount of term loans under the Credit Agreement is now approximately $43.7 million. BRC Group Holdings operates in the financial services industry, providing appraisal, valuation, and asset-disposition services.