Gordon Brothers advances tools finance with $1.5bn three way partnership
International monetary advisory and restructuring firm Gordon Brothers has entered a $1.5bn three way partnership with Davidson Kempner Capital Administration to boost its industrial tools finance capabilities.
Supported by a lender finance facility with Wells Fargo Capital Finance, the collaboration goals to supply tailor-made financing options throughout key sectors akin to building, manufacturing, and transportation.
Since launching its industrial tools finance enterprise earlier this yr, Gordon Brothers now presents a variety of customised tools financing options.
These embody tools loans, capital leases, terminal rental adjustment clause, and truthful market worth leases, designed to serve middle-market and enormous company firms.
Along with serving a variety of shoppers, together with unbiased lessors, captive finance organisations, and bank-owned tools financing teams, Gordon Brothers’ new mid-ticket industrial tools finance providing enhances its current structured tools finance enterprise.
The enterprise gives structured, asset-focused leasing and lending options to firms dealing with operational or market challenges.
Gordon Brothers’ industrial tools finance head Bobby Campbell stated: “We’re proud to accomplice with two extremely skilled and strategically aligned monetary establishments in Davidson Kempner and Wells Fargo to ship versatile and dependable tools financing options to our shoppers.
“This partnership additional cements our agency as probably the most full asset-based resolution supplier within the trade.”
Working globally throughout a broad spectrum of belongings, Gordon Brothers brings experience in retail, industrial, industrial, manufacturers, and actual property.
Headquartered in Boston, US, the corporate has greater than 30 places of work throughout North America, Europe, the Center East and Africa, and the Asia Pacific.
In April, Gordon Brothers expanded its presence within the UK and continental Europe by buying SIA Group, a UK-based asset valuation, advisory, and buying and selling providers supplier.
Based in 2003, SIA Group has established a shopper base in asset-based lending and company restructuring, offering asset-focused options throughout valuation and gross sales, with over 85 asset specialists in London, Birmingham, Manchester, and Glasgow.
“Gordon Brothers advances tools finance with $1.5bn three way partnership” was initially created and printed by Leasing Life, a GlobalData owned model.
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