Gordon Brothers Group appointed Ian Levine as managing director, head of business development and Blair Nelson as managing director, corporate development to Gordon Brothers Group’s management team.
RadioShack store closing sales have begun at more than 1,700 locations. RadioShack has engaged a joint venture comprising Hilco Merchant Resources, Gordon Brothers Group and Tiger Capital Group to manage its store closing process.
Target Canada announced that Gordon Brothers Group, Hilco Global and affiliates of Great American Group will begin store closing sales at all Target Canada retail locations.
Gordon Brothers Group and Hilco Industrial, a unit of Hilco Global, announced that they have acquired the assets of Preferred Sands Canada’s Hanson Lake facility in Saskatoon, Canada in a joint venture.
Kenneth S. Frieze, CEO of Gordon Brothers Group, examines risk factors associated with underwriting new loans and recovering on those in distress. He notes that “getting it right out of the gate” requires a deep understanding of the trading value of assets, and asserts that nothing can substitute for disposition experience.
Gordon Brothers Group announced Michael D. Sullivan was promoted to managing director, business development in the Northeast region for the firm’s Valuation & Advisory Services division.
Gordon Brothers Group, Hilco Global and Pohlad Family Capital Fund announced that PFCF and another family office investor have acquired interests in PLR IP Holdings, the owner of the Polaroid brand.
Gordon Brothers Group and Hilco Merchant Resources announced they will begin GOB sales at all Mexx retail locations throughout Canada beginning December 19, 2014.
Gordon Brothers Group announced Frank Grimaldi was promoted to national sales manager of the firm’s Valuation & Advisory Services Division, effective October 1.