Global advisory group, restructuring and investment firm Gordon Brothers added six industry veterans from lending institutions across the globe to expand its special situations lending and investment platform.
In conjunction with the expanding team and enhanced platform, Gordon Brothers sold its minority interest in Gordon Brothers Finance Company, a private commercial finance company.
Gordon Brothers’ special situations lending and investing solutions will continue to provide both short- and long-term transition capital to clients undergoing transformation
“Gordon Brothers partners with management teams, private equity, strategic buyers and asset-based lenders, who often invite us into non-standard transactions when the combination of our expertise and additional capital is required,” Ken Frieze, CEO of Gordon Brothers, said. “This is an exciting time for Gordon Brothers. Using our core asset expertise and significant financial resources, we will continue to provide transformational capital that expands our clients’ options by minimizing risk and maximizing opportunity at all points in the business cycle.”
Since 2014, Gordon Brothers has had an exclusive, strategic partnership with GBFC focused on asset-based loans for middle-market companies. As a result of the sale, the exclusive partnership has terminated, and Gordon Brothers will expand special situations investments and other financing solutions for customers directly under the Gordon Brothers name.
