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Exhibit 21.1
         

Subsidiaries of BRC Group Holdings, Inc. – December 31, 2025


 
 
 
Jurisdiction of Organization/
Subsidiary
 
Incorporation
B. Riley Acquisition Corp. I
Delaware
B. Riley Acquisition Corp. II
Delaware
B. Riley Acquisition Corp. III
Delaware
B. Riley Acquisition Corp. IV
Delaware
B. Riley Acquisition Corp. V
Delaware
B. Riley Acquisition Sponsor Co., I, LLC
Delaware
B. Riley Acquisition Sponsor Co., II, LLC
Delaware
B. Riley Acquisition Sponsor Co., III, LLC
Delaware
B. Riley Acquisition Sponsor Co., IV, LLC
Delaware
B. Riley Acquisition Sponsor Co., V, LLC
Delaware
B. Riley Advisory Holdings, LLC
Delaware
B. Riley Advisory US, Inc.
Delaware
B. Riley Brand Management, LLC
Delaware
B. Riley Capital Management, LLC
New York
B. Riley Commercial Capital, LLC
Delaware
B. Riley Corporate Services, Inc.
Delaware
B. Riley Environmental Holdings, LLC
Delaware
B. Riley Environmental MIP, LLC
Delaware
B. Riley International, LLC
Delaware
B. Riley Principal 150 Sponsor Co., LLC
Delaware
B. Riley Principal 175 Merger Corp.
Delaware
B. Riley Principal 175 Sponsor Co., LLC
Delaware
B. Riley Principal 200 Merger Corp.
Delaware
B. Riley Principal 200 Sponsor Co., LLC
Delaware
B. Riley Principal 250 Sponsor Co., LLC
Delaware
B. Riley Principal Capital II, LLC
Delaware
B. Riley Principal Capital, LLC
Delaware
B. Riley Principal Investments RE, LLC
Delaware
B. Riley Principal Investments, LLC
Delaware
B. Riley Principal Sponsor Co. II, LLC
Delaware
B. Riley Principal Sponsor Co. III, LLC
Delaware
B. Riley Principal Sponsor Co., LLC
Delaware
B. Riley Private Shares 2023-2 QC, LLC
Delaware
B. Riley Private Shares 2023-2 QP, LLC
Delaware
B. Riley Private Shares Management 2022-1, LLC
Delaware
B. Riley Real Estate Ventures Holdings LLC
Delaware
B. Riley Receivables, LLC
Delaware
B. Riley Restructuring Services, LLC
Delaware


 
Exhibit 21.1
         

Subsidiaries of BRC Group Holdings, Inc. – December 31, 2025

B. Riley Retail RE Holdings LLC
Delaware
B. Riley Securities Canada Holdings, Inc.
Delaware
B. RILEY SECURITIES CANADA ULC
British Columbia
B. Riley Securities Holdings, Inc.
Delaware
B. Riley Securities, Inc.
Delaware
B. Riley Venture Capital, LLC
Delaware
B. Riley Wealth Advisors, Inc.
Washington
B. Riley Wealth Insurance, Inc.
Washington
B. Riley Wealth Management Holdings, Inc.
Delaware
B. Riley Wealth Management, Inc.
Tennessee
B. Riley Wealth Private Shares, LLC
Delaware
B. Riley Wealth Tax Services, Inc.
Delaware
Bandwave Systems, LLC
Pennsylvania
bebe stores, inc.*
California
Benchmark Landscaping, LLC
Delaware
Bicoastal Alliance, LLC*
Delaware
BR Advisory & Investments, LLC
Delaware
BR Events, LLC
California
BR EXAR, LLC
Delaware
BR Financial Holdings, LLC
Delaware
BR Great Northern Mall, LLC
Delaware
BR HYATTSVILLE, LLC
Delaware
BRC Emerging Managers GP, LLC
Delaware
BRC Partners Opportunities Trust, a L.P. Liquidating Trust
New York
BRCM Capital Partners, LLC
Delaware
BRCM Finance Co., LLC
Delaware
BRF Finance Co., LLC
Delaware
BRF GA Joann Holdco, LLC
Delaware
BRF Investments, LLC
Delaware
BR-NRG, LLC
Delaware
BRPI Acquisition Co LLC
Delaware
BRPI Executive Consulting, LLC
Delaware
BRVC bolttech II, LLC*
Delaware
BRVC bolttech, LLC*
Delaware
BRVC CONTINUOUS COMPOSITES II, LLC*
Delaware
BRVC Promenade Group, LLC*
Delaware
BRVC Pura, LLC*
Delaware
BRVC SparkCognition, LLC*
Delaware
BRVC Swiftly, LLC
Delaware
BRVC Uniphore LLC*
Delaware
Bullseye Telecom of Virginia, LLC
Virginia
Bullseye Telecom, LLC
Michigan


 
Exhibit 21.1
         

Subsidiaries of BRC Group Holdings, Inc. – December 31, 2025

Cascadia Investments, Inc.
Nevada
FBR Capital Markets PT, Inc.
Virginia
Georgia Scapes HoldCo LLC*
Delaware
Georgia Scapes LLC
Delaware
Great American Global Partners, LLC*
California
Hyper Products Inc
Delaware
IPCO Holdings, LLC
Delaware
Juno Internet Services, Inc.
Delaware
Juno Online Services, Inc.
Delaware
Lingo Communications of Kentucky, LLC
Georgia
Lingo Management, LLC
Delaware
Lingo Telecom of the West, LLC
Delaware
Lingo Telecom of Virginia, LLC
Virginia
Lingo Telecom, LLC
Texas
magicJack Holdings Corporation
Delaware
magicJack L.P.
Delaware
magicJack SMB, Inc.
Florida
magicJack VocalTec Ltd.
Israel
magicJack VoIP Services, LLC
Delaware
Marconi Wireless Holdings, LLC
Delaware
ModCloth Partners, LLC
Delaware
NAM SPECIAL SITUATIONS MANAGEMENT, LLC
Delaware
National Securities Corporation
Washington
Native Brands Group, LLC
California
NetZero Modecom, Inc.
Delaware
NetZero, Inc.
Delaware
NHC Holdings, LLC
Delaware
Nogin Commerce, LLC
Delaware
Nogin Holdings, LLC
Delaware
One Outdoor Holdings, LLC*
Delaware
ReVal Group, LLC
Delaware
Rex Healthcare Receivables, LLC
Delaware
Sena Cases LLC
Delaware
Targus Asia Pacific Co. Ltd.
Thailand
Targus Asia Pacific Ltd.
Hong Kong
Targus Asia Pacific PTE Ltd.
Korea
Targus Asia Pacific Sdn Bhd
Malaysia
Targus Australia Pty Ltd
NSW
Targus Brasil Comercio De Produtos Acessorios De Informatica Ltda.
Brazil
Targus BV
Netherlands
Targus Canada Ltd.
Ontario
Targus Denmark ApS
Denmark


 
Exhibit 21.1
         

Subsidiaries of BRC Group Holdings, Inc. – December 31, 2025

Targus Deutschland GmbH
Germany
Targus Europe Limited
England & Wales
Targus Finland Oy
Finland
Targus Group (UK) Limited
England
Targus India Private Limited
Republic of India
Targus International Holdco (UK) Limited
England
Targus International LLC
Delaware
Targus Italy S.R.L.
Italy
Targus Japan Co. Ltd.
Japan
Targus Korea Corporation
Korea
Targus New Zealand Limited
New Zealand
Targus S.A. Belgium
Belgium
Targus SARL
France
Targus Shanghai Company Ltd.
China
Targus South Africa Pty Ltd.
South Africa
Targus Spain, S.R.L.
Spain
Targus Sweden AB
Sweden
Targus Switzerland GmbH
Switzerland
Targus US LLC
Delaware
Targus US NewCo Inc.
Delaware
Tdsoft Ltd.
Israel
Tempo Telecom, LLC
Georgia
TIGER US HOLDINGS INC.
Delaware
United Advisor Services, LLC
New Jersey
United Advisors, LLC
New Jersey
United Advisors, LLC (DE)
Delaware
United Online Advertising Network, Inc.
Delaware
United Online Software Development
Republic of India
United Online Web Services, Inc.
Delaware
United Online, Inc.
Delaware
Vancouver Telephone Company Limited
British Columbia
YMax Communications Corp.
Delaware
YMax Communications Corp. of Virginia
Virginia
YMax Corporation
Delaware
 
 
*
BRC Group Holding, Inc. owns less than 100% of these subsidiaries.