Gordon Brothers Group Opens New Los Angeles Office

Press Release
Los Angeles, CA (January 25th, 2006) Gordon Brothers Group, the Boston-based firm specializing in retail, consumer and industrial dispositions, appraisals, equity investments and debt financing, announced today that the firm has opened a new office in Los Angeles at 445 S. Figueroa Street, Suite 2230. Gordon Brothers Group will be providing integrated operational and financial solutions with a seasoned team of professionals who have over 100 years of experience including Robert Grosskopf, Principal and Managing Director; Peter Lynch, Senior Managing Director of DJM Asset Management, the real estate division of Gordon Brothers Group; Michael Rosenheck, Director; and Richard Scales, ASA, Senior Appraiser.

“The power and strength of Gordon Brothers Group has always been marshalling transaction-specific resources on behalf of our clients,” said Robert Grosskopf, Principal and Managing Director. “Expanding our West Coast office will further facilitate our rapid response approach and local market knowledge.”

As many companies today are striving for greater asset productivity to increase value, the integration of Gordon Brothers Group’s services is of tremendous benefit for clients encompassing all areas including retail, consumer products and industrial disposition of inventory, fixtures, and real estate, along with the capital funding and appraisal expertise. For example, real estate is an area requiring specific expertise and knowledge.

“Retailers can maximize positive contributions for their real estate portfolio by aggressively disposing of underperforming locations and mitigating their leasehold exposure,” stated Peter Lynch, Senior Managing Director of DJM Asset Management, the real estate division of Gordon Brothers Group. “We can help facilitate this process because DJM has a remarkable database of potential buyers and deep relationships with retailers across North America.”

The new Los Angeles location coincides well with the substantial growth in Gordon Brothers Group’s industrial capabilities. Richard Scales, a Senior Member of the American Society of Appraisers, has joined Gordon Brothers Group’s industrial division to provide specific industrial appraisal and disposition services for local clients.

And finally, Gordon Brothers Group is well positioned to deepen on-going relationships with the professional community including equity firms, lenders, turnaround specialists, attorneys and other professionals.

“As business challenges become more complex and specialized, solutions must be smart and focused. That’s one of our core competencies – in bringing the right strategic alliances together for the right total solution for the client,” added Michael Rosenheck, Director.

About Gordon Brothers Group: Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) provides global advisory, operating and financial services to companies at times of growth or restructuring. Gordon Brothers Group appraises, acquires and sells a wide range of assets, including inventory, real estate, industrial assets, accounts receivable and intellectual property. Gordon Brothers Group purchases and/or sells in excess of $10 billion in assets at original value annually and appraises over $30 billion. The firm also provides debt financing and equity capital to consumer products companies, and facilitates mergers and acquisitions with strategic partners. Gordon Brothers Group is headquartered in Boston and maintains 20 offices and satellites worldwide.