Gordon Brothers Expands into Australia
BOSTON, March 14, 2017
Gordon Brothers, the 114-year-old global advisory, restructuring, and investment firm, announced today that the company has expanded its footprint to Australia. Based in Sydney, the new office will be led by seasoned restructuring and turnaround management professional Tim Stewart, who will serve as Managing Director, Australia.
“We at Gordon Brothers see tremendous opportunity in the Australian market,” said Frank Morton, CEO, International. “Tim’s restructuring expertise and ties to the local turnaround community are extensive. Under his leadership, and in partnership with Gordon Brothers Finance Company, we will deliver capabilities and capital long overdue in the Australian market.”
“I am thrilled to lead Gordon Brothers’ expansion into Australia,” said Stewart. “The economy presents outstanding asset-based finance opportunities. We look forward to partnering with retail, commercial and industrial firms –as well as the professionals who advise them – to move forward through change.”
Prior to joining Gordon Brothers, Stewart was managing director and head of the Royal Bank of Scotland (RBS) Plc’s restructuring team in the Asia Pacific region. He was responsible for managing distressed and underperforming assets across India, Singapore, Hong Kong, Japan, China, Malaysia and Australia and led financial and operational restructures, debt for equity swaps and turnarounds. Stewart held a number of other roles and responsibilities during his time at RBS, including managing director of the strategic disposals group, Chief Risk Officer of the RBS Australia Branch and head of structured asset finance, Australia. Stewart is the current chairman of the Turnaround Management Association (TMA) in Australia and the immediate past president.
Joining Stewart in the Sydney office will be Christopher Shaw, an eight-year veteran of the firm. Shaw’s expertise includes inventory and brand valuations, restructuring and corporate finance. Shaw will relocate from Gordon Brothers’ London office.
Gordon Brothers operates out of 26 offices spread across five continents. International markets include: Europe, with a major presence in London; Asia, with Tokyo-based operations; and South America, where the company recently opened offices in São Paulo, Brazil. Gordon Brothers is headquartered in Boston.
About Gordon Brothers
Since 1903, Gordon Brothers 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.