FBR & Co. Announces Strategic Partnership with Mulligan Investment Bankers, LLC

ARLINGTON, Va., June 30, 2016 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) ("FBR" or the “Company”), a leading investment bank serving the middle market, today announced that it has entered a non-exclusive strategic relationship with Mulligan Investment Bankers, LLC to collaborate on potential financing, advisory and capital markets transactions. The focus of this effort will be on leveraging relationships in the media and entertainment industries.

“Brian Mulligan’s extensive network of business leaders in this industry will be a tremendous asset for FBR as we pursue opportunities in this dynamic space together,” said Executive Vice President and Head of Investment Banking, Kenneth P. Slosser. “MIB has the credibility, industry knowledge and thought leadership presence to add significant value to clients and we look forward to working together.”

Mr. Mulligan added, “The differentiated solutions and successful execution track record which FBR is known for will be very well received in the media and entertainment industries. I look forward to introducing this capital markets expertise to the industries I know well and together believe we will create substantial value for clients.”

About FBR

FBR & Co. (Nasdaq:FBRC) provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiary FBR Capital Markets & Co. and MLV & Co. FBR focuses capital and financial expertise on the following industry sectors: consumer; energy & natural resources; financial institutions; healthcare; industrials; insurance; real estate; and technology, media & telecom. FBR is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States. For more information, please visit www.fbr.com.

About Mulligan Investment Bankers, LLC.

MIB is a FINRA SIPC financial advisory firm focused on the media, entertainment, telecom, sports and technology industries. The firm has a vast network of contacts within these industries coupled with deep sector expertise. It is led by Brian C. Mulligan, a 30 year industry veteran with expensive experience as an investment banker, senior executive and board director. Mr. Mulligan has held executive positions at MCA Inc., Universal Studios, Universal Pictures, Fox, Seagram and Deutsche Bank. He has also served as a senior advisor with Boston Consulting Group, Cerberus, Brooknol, and PwC as well as on numerous boards of directors. Mr. Mulligan holds a B.S. degree from the University of Southern California and an M.B.A. from UCLA.

Contacts: Media: Shannon Hawkins at 703.469.1190 or shawkins@fbr.com Investors: Linda E. Eddy at 703.312.9715 or leddy@fbr.com MIB: info@MulliganInvestmentBankers.com 818-265-1805 or 626-823-6269

Source:FBR & Co.