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

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