Gordon Brothers provided a $20 million secured term loan facility to Brooks Brothers Group, an American apparel retailer headquartered in New York.
“We are excited to provide a capital solution to one of the most iconic American apparel brands in the market today,” Ramez Toubassy, president of brands for Gordon Brothers, said. “With a heritage of over 200 years, global brand awareness and broad consumer affinity, Brooks Brothers is a brand that is positioned to thrive for the long run.”
“Gordon Brothers’ experience with brand-focused financings allowed them to quickly and commercially put together a financing solution for Brooks Brothers that will allow us to execute upon our operating plan,” Steven G. Goldaper, executive vice president and CFO for Brooks Brothers Group, said.
Gordon Brothers’ brands division values, acquires, restructures and invests globally in underleveraged, distressed or dormant intellectual property.
Gordon Brothers is a global advisory, restructuring and investment firm.
