Ronald Liese Joins Commercial & Industrial Division at Gordon Brothers Group

Press Release

BOSTON, MA – Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced today that Ronald Liese has joined the firm as Vice President in the Commercial & Industrial division.

In his role, Mr. Liese will focus on the acquisition and resale of machinery and equipment via both orderly sales and public auctions. In addition, he will provide industrial asset appraisal and advisory services to asset based lenders as well as private equity sponsors. He will have the ability to leverage up to $250 million in capital which Gordon Brothers Group’s Commercial & Industrial Division has available to acquire assets. Mr. Liese brings over 25 years of experience in the valuation, purchase and resale of all types of new and used equipment for a variety of industrial segments including construction, aircraft, mining, trucking, railroad and marine.

"Gordon Brothers Group’s expertise in industrial asset valuations and dispositions continues to grow," said Robert Maroney, Co-President of the Commercial & Industrial Division at Gordon Brothers Group. "Ron's expertise, particularly in valuing and selling heavy equipment, adds to our already broad spectrum of industrial assets knowledge."

"What drew me to Gordon Brothers Group is the strong appetite to acquire industrial assets," commented Ron Liese. "Gordon Brothers is a major player in the industrial arena and are actively seeking opportunities. I look forward to building the business even more by deepening the penetration into heavy equipment and related sectors."

Prior to joining Gordon Brothers Group, Mr. Liese was a senior vice president at Great American Group. He led the appraisal of Alberta Rail link, which included 350 miles of railroad track, bridges and crossings, and managed one of the largest single owner auctions with U Brothers Equipment Company. In addition, Mr. Liese also facilitated the Marine Pipeline Construction auction in 2005, which at the time was the largest single-owner auction in Canada.

Mr. Liese received both his BS in Business Administration and his MBA from California Coast University, Santa Ana. He is a Graduate Auctioneer from the Missouri Auction School.

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.