Mike Williams Joins Gordon Brothers Group's Appraisal & Valuation Division

Jun 08, 2010, 13:37 ET from Gordon Brothers Group

BOSTON, June 8 /PRNewswire/ -- Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced today that Mike Williams has joined the firm's Appraisal & Valuation division as a director serving the Midwest market.

Mr. Williams will work closely with asset-based lenders, private equity sponsors and corporate management teams to help them understand the underlying value of assets including all types of inventory, machinery & equipment, intellectual property and real estate. He will also conduct business valuation and FASB required due diligence.

"As Gordon Brothers Group's appraisal and valuation business continues to expand, we determined the importance of having dedicated resources in the Midwest," said Jeffrey Lerner, Chief Business Development Officer at Gordon Brothers Group. "Mike's ability to provide clients with an inherent understanding of real-world values will enable them to make informed decisions in an ever-changing market."

"It is imperative to have a comprehensive outlook on current market trends to accurately determine asset values," added Mike Williams. "What attracted me to Gordon Brothers Group is the fact that they understand that real-world value is derived from disposition experience, so much so, that their disposition principals review and sign off on every appraisal."

Prior to joining Gordon Brothers Group, Mr. Williams was the Midwest Director of Business Development at UPS Capital Corporation, where he sourced asset-based transactions. He has also held positions at PNC Business Credit, GMAC Commercial Finance and PPM Finance.

Mr. Williams will be based out of Gordon Brothers Group's Chicago office and serve the Chicago; Cincinnati; Cleveland; Detroit; Indianapolis; Kansas City, MO; Milwaukee; Minneapolis; and St. Louis markets.

About Gordon Brothers Group

Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial, and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt financing, making private equity investments, and operating businesses for extended periods. Gordon Brothers Group conducts over $50 billion worth of transactions and appraisals annually.

SOURCE Gordon Brothers Group



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