Gordon Brothers Announces Opening of Perth Office

World News: . []

Boston, Jan. 14, 2019 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, announced today that it has grown its presence in Australia with the opening of a Perth office. The office will be led by equipment valuation and auction industry veteran, Ben Gibson. The new location will support the firm’s increasing activity across Western Australia.

Gibson brings over 20 years of industry experience, having personally managed over 3,000 valuation and asset disposition projects, both in Australia and internationally. Based in Perth, Gibson has deep relationships within the mining, construction and transport sectors.

“We are proud to bring Ben on board and look forward to his success in building our business in Perth,” stated Tim Stewart, Head of Australia for Gordon Brothers. “We are eager for Ben to leverage his asset, auction and valuation capabilities to support and grow our full product offering, including retail and investments.”

“This is an important milestone for the firm as we continue to expand our international operations,” stated Frank Morton, CEO, International of Gordon Brothers. “Perth is an important market for us. Having boots on the ground there will be critical to our success in serving the Australian market with the liquidity solutions businesses need to thrive,” he added.

Gibson joins Gordon Brothers from Tiger Asset Group, where he served as Executive Director, Restructuring and Finance. In that role he was responsible for the Restructuring & Finance service line on a national basis.  Previously, he was the General Manager for the Western Australian operations of Graysonline.

The Perth location is the third Australian office opening in two years for Gordon Brothers, which entered the market in 2017. The firm has experienced a high volume of activity, and in July undertook the largest asset investment in Australia to date with the acquisition of the Koolyanobbing mining equipment portfolio.

Gordon Brothers is based in Boston and maintains offices in Sao Paolo, Tokyo, London, Cologne, New York, Boston, and Los Angeles, among others.

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.

Cal Shusta
Gordon Brothers
chsusta@gordonbrothers.com

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Globe Newswire: 13:00 GMT Monday 14th January 2019

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