Gordon Brothers scales up lending, investing platform

By Sunniva Kolostyak

Gordon Brothers is scaling up its platform for special situations lending and investment by hiring six key industry veterans and enhancing its platform with broader solutions.

The global advisory, restructuring and investment firm provides capital to companies in special situations on a fully collateralised basis.

The special situations lending and investing solutions will continue to provide both short- and long-term transition capital to clients undergoing transformation. However, it will now also invest directly in brands, real estate, inventory, receivables, machinery, equipment and other assets both together and individually to provide broader solutions beyond the firm’s disposition and appraisal services.

As a result, the firm sold its minority interest in Gordon Brothers Finance Company (GBFC), a private commercial finance company, on 3 November this year.

Ken Frieze, CEO of Gordon Brothers, explained that the company partners with management teams, private equity, strategic buyers and asset-based lenders, who often invites into non-standard transactions when the combination of expertise and additional capital is required.

“This is an exciting time for Gordon Brothers,” Frieze said. “Using our core asset expertise and significant financial resources, we will continue to provide transformational capital that expands our clients’ options by minimising risk and maximising opportunity at all points in the business cycle.”

Gordon Brothers specialises in tailor-made solutions, ranging from asset acquisition to financing to investments– provide clients with additional capital alongside traditional debt and equity. It has hired its new staff from lending institutions across the globe.

Its approach to risk analysis and understanding of asset value and business operations allows the firm to design creative liquidity solutions for companies across the globe.

Since 2014, Gordon Brothers has had an exclusive, strategic partnership with GBFC focussed 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.