Boston, April 10, 2018 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, announced today that it has expanded its presence in Australia with the opening of a Melbourne office. The firm entered the Australian market in the spring of 2017 in Sydney.
Gordon Brothers’ Melbourne office will be led by Fenton Healy. Healy brings over 20 years of experience in asset valuation, advisory and asset sales programmes.
“We’re excited to have boots on the ground in Melbourne. The timing of our entry and expansion is perfect as the need for more options for Australian businesses in transition increases,” stated Tim Stewart, Head of Australia. “Gordon Brothers’ balance sheet and experience navigating change will be incredibly valuable to companies seeking liquidity solutions through non-bank financing and asset sales.”
“This is an important next step in building our business in Australia, particularly in the retail capital of Melbourne,” said Healy. “It offers us the opportunity to build on Gordon Brothers’ historic success in retail as the industry undergoes significant structural changes. Combined with our commercial and industrial expertise, strong appetite to deploy our own capital to deliver asset-based solutions, and asset advisory services, we believe we can assist corporates, financiers and their advisors as they implement transformation and turnaround programmes.”
Prior to joining Gordon Brothers in the fall, Healy held numerous sales, senior management, directorial and leadership roles at GraysOnline, where he was one of the original major shareholders. He has worked on some of the region’s largest disposition projects, including for Toyota, Procter & Gamble, Alcatel, Sunbeam Victa, Kirby Engineering, Huntsman Chemicals, Solectron, Email Metering, Colgate Palmolive, and Mitsubishi.
“Fenton brings a tremendous amount of expertise in crafting capital solutions for clients. The additional coverage we gain through his focus on Melbourne will provide an enhanced level of support to clients in this market,” Stewart commented.
Gordon Brothers is based in Boston and maintains offices in Sao Paolo, Tokyo, London, New York, and Los Angeles, among others.
About Gordon Brothers
Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, operating executives, advisors, and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four service areas: valuations, dispositions, operations, and investments. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial, and industrial sectors to put assets to their highest and best use. Gordon Brothers conducts more than $70 billion worth of dispositions and appraisals annually. Gordon Brothers is headquartered in Boston, with 25 offices across five continents.