B. Riley Financial reposted this
B. Riley Financial has sold a majority ownership stake in Great American Group to funds managed by Oaktree Capital Management, L.P. In this new partnership, the following business lines make up the new “GA Group”: -GA Advisory and Valuation Services: provides inventory, machinery & equipment and intellectual property appraisals, field exams, and valuation & transaction advisory services -GA Retail Solutions/GA Europe/GA Australia: provides disposition services for retail inventories, fixtures, and other fixed assets -GA Wholesale & Industrial Solutions: provides auctions, private treaty sales, and liquidation services for wholesalers’ and manufacturers’ inventory and machinery & equipment -GA Real Estate: provides sales and dispositions, lease restructuring, capital solutions and advisory services Going forward, as a standalone business, we will have unprecedented access to growth capital to further support our business lines. We truly appreciate the strong relationships we have created and look forward to remaining a trusted partner for all your valuation, field examination, and disposition needs. We are extremely proud that the entire GA team remains intact so the client and company experience that has made us successful will remain uninterrupted and unchanged. It will be the same great people, the same great service, and back to the same old name. Learn more at www.gagroup.com.
You’ve always been Great American to me! Great win for Oaktree Capital Management and Great American Group!
Congratulations! And happy to hear the entire GA group remains! An amazing group of intelligent leaders!
Congrats. Glad to hear GA is still around. Enjoyed handling public relations for you during my tenure at Mulberry Marketing back in the day.
Good luck, Jennie!
Scott and team, all the best!
Managing Director at Getzler Henrich & Associates
6dWill the new guys start providing new July 4th tee shirts? good luck to all.