Gordon Bros, Others Bid to Save Necco Wafers
According to the Chicago Tribune, three new bidders have emerged to challenge stalking horse bidder Gordon Brothers’ effort to purchase Necco wafers – long derided as America’s least favorite candy.
According to the Chicago Tribune, three new bidders have emerged to challenge stalking horse bidder Gordon Brothers’ effort to purchase Necco wafers – long derided as America’s least favorite candy.
Gordon Brothers promoted 25 employees in 2018 across North America, Europe and Asia.
Ken Bloore joined Gordon Brothers as managing director and head of Operations within the firm’s valuations practice.
Trident VII Funds, managed by Stone Point Capital, made an investment in Gordon Brothers. Stone Point Capital is a private equity firm focused on investing in the financial services industry.
Chris Carmosino joined Gordon Brothers as president of Valuations. He succeeded Rick Schmitt, who is retiring.
Gordon Brothers expanded its presence in Australia with the opening of a Melbourne office led by Fenton Healy, a 20-year industry veteran.
A team of disposition firms consisting of Gordon Brothers, Great American Group, Hilco Merchant Resources and Tiger Capital Group began going-out-of-business sales at all 735 Toys “R” Us and Babies “R” Us locations throughout the U.S. and Puerto Rico on March 23, 2018.
Global advisory, restructuring and investment firm Gordon Brothers has been engaged by Triad Racing Technologies to sell the assets associated with it race engine shop located in Mooresville, NC.
Gordon Brothers enhanced its business development team within its valuation group with a number of appointments across its North American footprint.
Sears Authorized Hometown Stores, Sears Home Appliance Showrooms and Sears Outlet Stores entered into a $40 million term loan credit agreement with Gordon Brothers Finance Company, as agent, lead arranger, sole bookrunner and lender.