RILY

Brc Group Holdings, Inc.

A diversified holding company, BRC Group (formerly B. Riley Financial) runs seven businesses spanning investment banking and wealth management, plus telecom brands like magicJack, NetZero, and Credo Mobile, and the Targus laptop-bag maker. Founded in 1997 by Bryant Riley and Tom Kelleher, it renamed itself BRC Group in early 2026 to reflect its mix of distinct companies. Its magicJack brand traces back to a failed smartphone venture whose unused telecom network was recycled into a now-famous USB gadget for cheap internet calls.