Articles from Gordon Brothers

Offers for individual or multiple location purchases due no later than January 24

Financing and store and inventory rationalization will support Canadian specialty farm and ranch retailer’s go-forward strategy and continued operations

Sale of U.S. closeout retailer’s assets, including stores, distribution centers and intellectual property, to other retailers and companies will preserve brand and prevent layoffs

Iconic British heritage brand was revitalized under the firm’s leadership

Sales include up to 50% off original ticketed price on all merchandise

Sales of up to 25% off original prices on all merchandise and 50% off a selection of Christmas and harvest offerings

Financing and store rationalization will support specialty retailer of toys and baby products’ ongoing borrowing needs and go-forward strategy

The U.S. home décor and furnishings retailer has retained the firm for lease renewal services and new store site selection

The U.S. closeout retailer will use the DIP loan during ongoing Chapter 11 bankruptcy proceedings

Tyo will expand the firm’s presence on the West Coast and brings over 20 years’ experience within the consumer packaged goods industry

Sales forecasted to increase only 1.2% to 3.5% due to economic and political uncertainty and shorter shopping window

Boston, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has provided a revolving credit facility to support S5 Equity’s acquisition of Hammacher Schlemmer.

Boston, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has welcomed Kasey Fagan to drive business development in the Midwest.

Boston, July 25, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, began nationwide inventory clearance sales of over $100 million in inventory at nine Tommy’s Boats dealerships throughout the U.S.

Boston, July 16, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has expanded the firm’s leasing and lending teams.

Boston, May 16, 2024 (GLOBE NEWSWIRE) -- Caleb Smith has joined Gordon Brothers, the global asset experts, as Managing Director, North America Real Estate Services.

Boston, May 15, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, opened two new offices in Dubai and Auckland, expanding the firm’s presence in the Middle East and Asia Pacific.

Store Closing Sales Are Also Underway at Select Brooks Brothers and Lucky Brand Locations in Canada

Boston, May 02, 2024 (GLOBE NEWSWIRE) -- As Gordon Brothers, the global asset experts, continues to expand its lending business, the firm has welcomed Mark Bohntinsky as Global Head of Credit.

Boston, April 24, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has agented a $200 million delayed draw term loan for Big Lots Inc.

Boston, April 09, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has promoted Joe Massaroni to Managing Director, Eastern Regional Sales Manager.

Boston, April 02, 2024 (GLOBE NEWSWIRE) -- The professional services firm Durkin Group, a Gordon Brothers company, has expanded its field examination services with GB4 Group to serve a broader range of clients.

Boston, March 26, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has provided a $100 million exit facility commitment as Agent for Jo-Ann Stores LLC to support the U.S. arts and crafts specialty retailer's restructuring and bolster the company’s liquidity.

Boston, March 22, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has completed the acquisition of substantially all the assets of Catch Co., a portfolio of fishing brands that has generated nearly $300 million in revenue since its inception in 2012 with the launch of Mystery Tackle Box.

Boston, March 13, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, is offering for sale by private treaty SmileDirectClub’s former assets and inventory on behalf of the debtor-in-possession lender.

London, March 04, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, is exclusively offering for sale by private treaty the Royal Falcon One superyacht.

Boston, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has committed new capital to support KidKraft Inc.’s liquidity and continued exploration of strategic alternatives.

Boston, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has provided a five-year operating lease to an Ohio-based aerospace and defense solutions provider for 15 late-model CNC machine tools worth more than $5 million.

Boston, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, is supporting Kirkland’s Inc.’s strategic repositioning efforts with a $12 million first-in last-out delayed draw term loan.

Boston, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has been engaged to sell by private treaty over $85 million of inventory and the assets of two 775,000-square-foot fulfillment centers on behalf of Zulily ABC LLC.

Boston, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, facilitated Soft Surroundings’ going concern sale to Coldwater Creek through the U.S. women’s clothing and accessories retailer’s filing of Chapter 11 bankruptcy in September.

Boston, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, began store closing sales at all 43 Soft Surroundings retail store locations throughout the U.S.

Boston, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Michael Burden and Al Williams have joined Gordon Brothers, the global asset experts, as Co-Heads of North America Real Estate Services.

Boston, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, welcomed Chris Menard as Chief Financial Officer (CFO).

Boston, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, acquired Durkin Group, a professional services firm that provides field examinations and diligence services to lenders, investors and operators in North America.

Boston, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory and investment firm, has acquired the global consumer electronics brand Telefunken.

Boston, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, and Nations Capital Inc. (NCI) have joined forces to expand the firms’ commercial and industrial market presence and serve a broader range of clients with holistic solutions.

Boston, July 27, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory and investment firm, has provided Allstar Marketing Group LLC a $6 million first-in, last-out loan that will be a part of a new $50 million credit facility.

Boston, June 05, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory and investment firm, has appointed Peter B. York as Senior Advisor to support the executive team with the firm’s growth and expansion plans.

Boston, May 02, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory and investment firm, in a joint venture with Nations Capital Inc., an asset management and advisory firm, has completed the purchase of substantially all the assets of H2 Brands Group, a leading national consumer products company with annual sales in excess of $250 million and a portfolio of nationally recognized brands, including Comfort Zone®, Shur-Line®, Helping Hand® and Bulldog® Hardware.

Boston, April 10, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory and investment firm, has named Samantha Schackman Director, Business Development.

Boston, April 06, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory and investment firm, will sell retail leases and operate going-out-of-business sales at all 39 retail store locations of Esco Ltd., operating as Shoe City, throughout Maryland, Virginia and Washington, D.C.

Boston, March 07, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory and investment firm, has promoted Carolyn D’Angelo to Senior Managing Director, Brand Operations. She is also the President of Laura Ashley and oversees Nicole Miller.

Madrid, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, is offering for immediate sale by private treaty machinery and equipment from four plants in the Canary Islands formerly leased by the firm to the Spanish food products manufacturer and distributor José Sánchez Peñate.  

Cologne, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory and investment firm, has transformed and sold the global ORSAY brand, archives, and related trademarks and other intellectual property to a private investor from the Czech Republic operating under Orsay International.

Boston, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, has promoted Michael Guelfo to Managing Director, Commercial & Industrial, and Samantha Findley to Managing Director, Capital.

Boston, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Sharon Haggard has joined Gordon Brothers, the global advisory, restructuring and investment firm, as Senior Director focused on deals and origination to strengthen real estate and retail capabilities in North America and drive multi-disciplined growth.

Boston, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, is pleased to announce that Norma Kuntz will be appointed Chief Executive Officer of the company, effective February 13, 2023. Ken Frieze, the company’s current CEO, and Michael Frieze, the current Chairman, will continue to serve the company as Chairman and Chairman Emeritus, respectively. This transition maintains the continuity of established leaders, including Chief Investment Officer Frank Morton, and positions the organization for significant growth. 

Boston, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, has provided Everlane Inc. a $25 million term loan that’s secured by the sustainable apparel, accessories and footwear retailer’s digitally native brand and working capital assets.

Boston, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Joseph Malfitano has joined Gordon Brothers, the global advisory, restructuring and investment firm, as Senior Managing Director on the firm’s transaction team supporting retail, commercial and industrial, and real estate in North America.

Boston, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, has completed the purchase of a substantial portion of Armstrong Flooring Inc.’s assets.

Boston, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, has acquired a 98,157-square-foot research and development building for $24.5 million in a joint venture with Ciminelli Real Estate Corporation.

Boston, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, and TAGeX Brands, one of the nation’s largest liquidation resources for restaurants, food service operators, supermarkets and convenience stores, have formed a strategic alliance to provide comprehensive real estate and equipment services to support the food service industry, including the purchase of surplus equipment and real estate.

London, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, has been appointed as the exclusive selling agent for the tall ship Lord Nelson on behalf of Jubilee Sailing Trust Limited after the company was placed into Administration.