Callodine Commercial Finance provided $20 million of financing to support Los Angeles-based private equity firm Kingswood Capital Management’s acquisition of MEC, a Canadian outdoor wear retailer.
Callodine Group agreed to acquire Gordon Brothers Finance Company. As a result, Gordon Brothers Finance Company changed its name to Callodine Commercial Finance. The acquisition is being funded in part by financing from KKR, East Asset Management and Axar Capital Management.
Gordon Brothers Finance Company hired Peter Jaffe as managing director to lead its financing platform in the UK and Europe.
Australian transportation and logistics company Rivet obtained a financing package, including a term loan from Boston-based Gordon Brothers Finance Company and Gordon Brothers, which refinanced existing facilities and facilitated the ownership transfer and expansion of its business.
After a 26-year career working on both regional and global enterprises, Gordon Brothers Finance CEO Gene Martin brings an optimistic work ethic to the middle market.