Gordon Brothers propels commercial equipment finance with joint venture

Global asset experts Gordon Brothers has announced a US$1.5 billion joint venture with Davidson Kempner Capital Management LP (Davidson Kempner) and has entered into a supporting lender finance facility with Wells Fargo Capital Finance (Wells Fargo).

The partnership significantly expands Gordon Brothers’ capital base, enabling the firm to deliver customised financing solutions to middle-market and large corporate clients across critical sectors, including construction, manufacturing, and transportation.

“We’re proud to partner with two highly experienced and strategically aligned financial institutions in Davidson Kempner and Wells Fargo to deliver flexible and reliable equipment financing solutions to our clients,” said Bobby Campbell, Head of Commercial Equipment Finance at Gordon Brothers.

“This partnership further cements our firm as the most complete asset-based solution provider in the industry.”

Since launching its Commercial Equipment Finance business earlier this year, Gordon Brothers has expanded its offerings to include a full suite of customised equipment financing solutions across the credit spectrum. Clients now have access to equipment loans, capital leases, terminal rental adjustment clause (TRAC) leases, and fair market value (FMV) leases.

The business serves a wide range of clients, including middle-market and large corporate companies, independent lessors, captive finance organisations, and bank-owned equipment financing groups.

The firm’s new mid-ticket Commercial Equipment Finance platform also complements Gordon Brothers’ existing Structured Equipment Finance business, which provides asset-focused leasing and lending solutions to companies facing operational or market challenges.

“Working with Bobby and his seasoned leadership team was a natural fit for the Lender Finance team at Wells Fargo, who have helped entrepreneurs successfully launch specialty finance platforms for more than 25 years,” said Stewart Hayes, Managing Director at Wells Fargo Capital Finance.