The Wall Street Journal reported that Tiger Capital Group, Hilco Global and Gordon Brothers were among a group of firms that were the winning bidders in an auction for Sports Authority Holdings’s assets.
Gordon Brothers has acquired the inventory, equipment and intellectual property assets of CHEF’S Catalog, including brands, trademarks and domain names.
Gordon Brothers has purchased the assets of Lincoln Paper and Tissue as part of a joint venture that includes Capital Recovery Group, PPL Group and Rabin Worlwide.
Gordon Brothers Group and Hilco Merchant Resources announced they will begin going-out-of-business sales at all City Sports retail locations.
Hudson Trail Outfitters will begin going-out-of-business sales at its four retail locations. Gordon Brothers Group will oversee the store closing sales on behalf of HTO.
Gordon Brothers will be selling a large package of equipment formerly owned by Hodges Trucking in conjunction with Ritchie Bros. Auctioneers in September and October.
Gordon Brothers Finance Company (GBFC) completed a €10.5million ($11.3 million) term loan to Tvilum APS, manufacturer of self-assembly, flat-packed furniture.
BlackRock Kelso Capital announced it completed a transaction with Gordon Brothers Group to launch Gordon Brothers Finance. As a portfolio company of BlackRock Kelso, GBFC will continue to focus on asset-based lending.
Carl Marks Advisors said it acted as the investment banker to Green Field Energy Services in the sale of its entire portfolio of equipment and inventory assets to Gordon Brothers Group.
Gordon Brothers Group announced that Michael P. Muldowney joined the firm as CFO. Previously, Muldowney was the founder and chief executive officer of Foxford Capital.