Gordon Brothers served as the agent for a $150 million debtor-in-possession term loan for Big Lots Inc.
The U.S. closeout retailer focused on value will use the DIP loan during ongoing Chapter 11 bankruptcy proceedings to support the going-concern...
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October 29, 2024, 06:50 AM
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Jeffrey Tyo has joined Gordon Brothers as Managing Director, Commercial & Industrial. In this role, Tyo will expand Gordon Brothers’ presence on the West Coast by developing and strengthening the firm’s relationships with corporate clients, lenders...
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October 18, 2024, 07:12 AM
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Gordon Brothers has acquired complete 4-cylinder diesel and 3- and 4-cylinder gasoline engine crankshaft machining lines from Stellantis in partnership with NetBid Polska, Sp. z.o.o. The global automotive group ceased manufacturing at its...
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October 15, 2024, 06:00 AM
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Gordon Brothers has forecasted U.S. retail sales for this upcoming holiday season predicting a modest increase of 1.2% to 3.5% relative to last year amid economic and political uncertainty. While certain economic indicators are looking up, including...
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September 27, 2024, 06:54 AM
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Nations Capital (NCI), a Gordon Brothers company and an asset management and advisory firm specializing in opportunistic investments and asset remarketing, together with Ritchie Bros. Auctioneers, have received bankruptcy court approval to serve as...
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September 18, 2024, 07:00 AM
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Gordon Brothers provided a revolving credit facility to support S5 Equity’s acquisition of Hammacher Schlemmer.As part of the acquisition, S5 Equity plans to strengthen the 170-year-old catalog retailer’s customer experience and loyalty while...
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September 09, 2024, 06:45 AM
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Gordon Brothers welcomed Kasey Fagan to drive business development in the Midwest.In this role, Fagan will accelerate Gordon Brothers’ continued growth in the region by providing integrated solutions across the firm’s expanded asset services, lending...
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August 23, 2024, 07:20 AM
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Gordon Brothers, the global asset experts, has expanded the firm’s leasing and lending teams.As part of this expansion, Elijah Kaplan, Managing Director, Lending, and Steve Sanders, Managing Director, Equipment Finance, Eastern Region, have recently...
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July 17, 2024, 07:20 AM
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Caleb Smith has joined Gordon Brothers, the global asset experts, as Managing Director, North America Real Estate Services.In this role, Smith oversees Real Estate Services’ daily operations through the implementation of streamlined processes...
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May 17, 2024, 07:10 AM
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As Gordon Brothers, global asset experts, continues to expand its lending business, the firm has welcomed Mark Bohntinsky as Global Head of Credit.Bohntinsky oversees Gordon Brothers’ credit quality, setting portfolio strategy and partnering with key...
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May 03, 2024, 07:16 AM
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Gordon Brothers, the global asset experts, has promoted Joe Massaroni to Managing Director, Eastern Regional Sales Manager.In his new role, Massaroni leads the eastern regional business development team. He will continue to work closely with...
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April 10, 2024, 07:16 AM
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Gordon Brothers completed the acquisition of substantially all the assets of Catch Co., a portfolio of fishing brands that has generated nearly $300 million in revenue since its inception in 2012 with the launch of Mystery Tackle Box. The acquisition...
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March 25, 2024, 07:17 AM
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Gordon Brothers, the global asset experts, is exclusively offering for sale by private treaty the Royal Falcon One superyacht.Royal Falcon One was built in 2019 and is the world’s only luxury catamaran superyacht created by Studio F.A. Porsche. The...
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March 04, 2024, 07:10 AM
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Gordon Brothers, the global asset experts, has provided a five-year operating lease to an Ohio-based aerospace and defense solutions provider for 15 late-model CNC machine tools worth more than $5 million.The provider will use the equipment in...
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February 14, 2024, 07:23 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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November 21, 2023, 07:25 AM
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Ivory Consulting Corporation, the equipment finance industry’s provider of software for equipment lease and loan pricing, asset management, customizations and consulting services, announced its collaboration with Gordon Brothers. Gordon Brothers...
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November 01, 2023, 07:20 AM
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Gordon Brothers welcomed Chris Menard as Chief Financial Officer (CFO). Based in Boston, Menard is an integral part of the firm’s leadership and is responsible for the overall management of global financial reporting, planning and analysis, treasury...
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September 29, 2023, 07:10 AM
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Gordon Brothers has acquired the global consumer electronics brand Telefunken.Based in Frankfurt, Germany, Telefunken has become one of the leading names in the electronics sector with a diverse portfolio of products ranging from video, e-mobility...
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August 15, 2023, 07:00 AM
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Gordon Brothers is offering for sale by online auction the tall ship Lord Nelson on behalf of Richard Lewis and Sarah O’Toole, the Joint Administrators of Jubilee Sailing Trust Limited. Lord Nelson was built in 1985 and is the first tall ship in the...
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June 09, 2023, 07:00 AM
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Gordon Brothers has appointed Peter B. York as Senior Advisor to support the executive team with the firm’s growth and expansion plans.York will leverage his experience in asset-based lending (ABL), capital markets and secured lending to provide...
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June 06, 2023, 07:02 AM
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Gordon Brothers supported Modus Subsea Services Limited (Modus) with a £5 million term loan. Modus, a pioneer in the use of Underwater Intervention Drones to automate and decarbonize subsea inspection, maintenance and repair services, has used the...
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April 06, 2023, 07:03 AM
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Gordon Brothers announced that Norma Kuntz will be appointed Chief Executive Officer of the company, effective Feb. 13, 2023. Ken Frieze, the company’s current CEO, and Michael Frieze, the current Chairman, will continue to serve the company as...
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December 02, 2022, 07:17 AM
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Gordon Brothers and TAGeX Brands, one of the nation’s largest liquidation resources for restaurants, food service operators, supermarkets and convenience stores, have formed a strategic alliance to provide comprehensive real estate and equipment...
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October 10, 2022, 07:00 AM
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Mark Forrest has joined Gordon Brothers, the global advisory, restructuring and investment firm, as Director, Business Development.Forrest will expand Gordon Brothers’ integrated service offerings and presence in the Midwest. With over 25 years of...
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July 20, 2022, 07:00 AM
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Gordon Brothers, the global advisory, restructuring and investment firm, has received $300 million in financing from Canada Pension Plan Investment Board (CPP Investments) through its subsidiary CPPIB Credit Investments Inc., increasing the firm’s...
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April 22, 2022, 07:30 AM
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Gordon Brothers and Ritchie Bros. have created a formal joint venture, the Gordon Brothers & Ritchie Bros. Alliance. The Alliance provides end-to-end asset advisory and asset remarketing services to the insolvency and restructuring market in...
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April 23, 2021, 06:59 AM
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Gordon Brothers, the global advisory, restructuring and investment firm, announced Dennis Bolton has joined its Commercial & Industrial division as Managing Director.Bolton will assist clients in evaluating remarketing methods for various types of...
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May 28, 2020, 07:25 AM
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Gordon Brothers, the global advisory, restructuring and investment firm, has released an article providing a perspective on the economic impacts of the coronavirus, available here.The coronavirus pandemic and the spread of COVID-19 is bringing the...
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May 06, 2020, 07:05 AM
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Gordon Brothers announced the appointment of Laurence Sax as Chief Operating Officer. As COO, Sax will lead Gordon Brothers’ finance, accounting, treasury, financial planning, corporate development and information technology functions. He brings...
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April 17, 2020, 05:45 AM
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Gordon Brothers, the global advisory, restructuring, and investment firm, announced the acquisition of the real property and machinery and equipment associated with Procter & Gamble’s Kansas City, KS, facility. The acquisition was completed in...
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April 08, 2020, 07:05 AM
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Gordon Brothers, the global advisory, restructuring and investment firm, announced the expansion of Managing Director Rick Wilichowski’s role to include oversight of the Valuations Division’s Equipment Finance, Asset Management and Mobile Modular...
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January 30, 2020, 07:29 AM
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Ritchie Bros. held the pipeline construction event of the year in Columbus, OH, selling more than 5,000 items for more than $93 million over two days. The big highlight of the event: 138 pipelayers sold for $45 million in just two hours.The auction...
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July 02, 2019, 07:12 AM
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Ritchie Bros. announced it has received bankruptcy court approval to purchase the assets of Welded Construction, L.P. together with Gordon Brothers, the global advisory, restructuring and investment firm. The two companies will work together to sell...
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April 29, 2019, 07:10 AM
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Gordon Brothers Finance Company (GBFC), a specialty-lending business to middle market companies, announced today that Eugene "Gene" Martin has been appointed President & Chief Executive Officer.Martin is a senior, global capital markets and credit...
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February 03, 2016, 07:00 AM
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Gordon Brothers Group will be selling a large package of equipment, formerly owned by Hodges Trucking Company L.L.C., in conjunction with Ritchie Bros. Auctioneer this September and October. On June 18, 2015, Gordon Brothers Group announced that it...
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August 17, 2015, 07:10 AM
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Gordon Brothers-AccuVal, the valuation division of Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the industrial, consumer products and retail sectors, announced today that Francis Garvin has joined as...
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June 22, 2015, 07:01 AM
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Gordon Brothers Group and AccuVal-LiquiTec announced today that Gordon Brothers Group’s Valuation & Advisory Services Division and AccuVal-LiquiTec have entered into a merger to form Gordon Brothers-AccuVal. The newly formed group will operate as a...
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April 02, 2015, 07:03 AM
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Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced the appointment of Ian Levine as Managing Director, Head of Business Development...
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February 20, 2015, 07:10 AM
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Gordon Brothers Group, Hilco Global and Pohlad Family Capital Fund (PFCF) announced today that PFCF and another family office investor have acquired interests in PLR IP Holdings, LLC, the owner of the Polaroid brand and related intellectual property...
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December 30, 2014, 06:37 AM
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BlackRock Kelso Capital Corporation (“BlackRock Kelso”) announced that it has completed a transaction with Gordon Brothers Group to launch Gordon Brothers Finance Company. GBFC will be a majority-owned portfolio company of BlackRock Kelso, with...
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November 03, 2014, 07:00 AM
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Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced today that Frank Grimaldi has been promoted to National Sales Manager of the...
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September 24, 2014, 06:27 AM
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Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced that, effective Oct. 1, Kenneth S. Frieze will assume the role of Chief Executive...
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September 18, 2014, 05:50 AM
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Gordon Brothers Group received sale order approval by the Federal Bankruptcy Court in Delaware for Green Field Energy Services, Inc.’s entire portfolio of equipment and inventory assets. Green Field Energy Services, a well service provider...
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March 18, 2014, 06:00 AM
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Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced that Ryan Ray has joined the Appraisal & Valuation Division as Director, Business...
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October 08, 2013, 06:57 AM
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Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced the acquisition of Appraisal Systems, Inc., (ASI) a widely recognized appraisal...
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September 11, 2013, 07:01 AM
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GB Credit Partners, the investment management affiliate of Gordon Brothers Group, announced that they have provided a $15 million second lien equipment term loan to Dana Transport, Inc. Dana Transport, Inc. is an industry leading chemical and fuel...
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May 23, 2013, 07:05 AM
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Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced today that it has acquired Emerald Technology Valuations, LLC (“Emerald”), the...
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January 08, 2013, 07:42 AM
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