Gordon Brothers expanded its presence in Australia with the opening of a Melbourne office. The office will be led by Fenton Healy, a 20-year industry veteran with experience in asset valuation, advisory and asset sales programs.

“We’re excited to have boots on the ground in Melbourne. The timing of our entry and expansion is perfect as the need for more options for Australian businesses in transition increases,” said Tim Stewart, head of Australia for Gordon Brothers.

“This is an important next step in building our business in Australia, particularly in the retail capital of Melbourne,” Healy said. “Combined with our commercial and industrial expertise, we believe we can assist corporates, financiers and their advisors as they implement transformation and turnaround programs.”

Prior to joining Gordon Brothers, Healy held numerous sales, senior management, directorial and leadership roles at GraysOnline, where he was one of the original major shareholders. He has worked on some of the region’s largest disposition projects with Toyota, Procter & Gamble and Mitsubishi, among others.