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Gordon Brothers & Ritchie Bros. Form Alliance to Assist Australian and South East Asian Insolvency and Restructuring Market Sydney, April 22, 2021 (GLOBE NEWSWIRE) Gordon Brothers and Ritchie Bros. have created a formal joint venture, the Gordon Brothers & Ritchie Bros. Alliance. The Alliance provides end-to-end asset advisory and asset remarketing services to the insolvency and restructuring market in Australia and South East Asia. The new Alliance will generate superior outcomes for clients, ranging from Administrators, creditors, Receivers, bankers and financiers to the businesses in distress. The Alliance already has a strong track record in the mining, agriculture, construction and transport sectors. Clients will benefit from global reach and leverage of the Alliance and the ability to provide cash-backed, guaranteed outcomes. ....
Gordon Brothers Provides Secured Credit Facility to Nicole Miller Financing secured by intellectual property to fund growth Boston, April 01, 2021 (GLOBE NEWSWIRE) Gordon Brothers announced it is providing a secured credit facility to Nicole Miller, the eponymous fashion and lifestyle brand founded and led by Nicole Miller. The facility is secured by the company’s intellectual property and will be used to fund strategic growth initiatives. “Being able to work with an iconic brand and designer like Nicole Miller is at the core of what we do at Gordon Brothers,” said Tobias Nanda, President, Brands. “Throughout our decades-long history of financing consumer brands, we have become the expert in identifying those with significant value and helping to unlock that value for our partners.” ....
Gordon Brothers and New Mill Capital Purchase Real Estate and Machinery & Equipment from Packed Bakery Food Producer Boston, Feb. 18, 2021 (GLOBE NEWSWIRE) Biddeford Holdings LLC, a partnership between Gordon Brothers, the global advisory, restructuring and investment firm, and New Mill Capital, has acquired the real estate and machinery and equipment of a producer and marketer of packed bakery food. The assets include company-owned real estate and the machinery and equipment in Jacksonville, FL and Opelika, AL in addition to the company’s machinery and equipment at third-party facilities in Franklin, IN; Atlanta, GA; Biddeford, ME; and Rocky Mount, NC. The real estate is being marketed for sale or lease, and the machinery and equipment will be sold through a combination of auction and private treaty channels. ....