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Gordon Brothers & TAGeX Brands Form Strategic Alliance to Support Food Service Industry

October 07, 2022, 08:00 AM
Filed Under: Industry News

Gordon Brothers and TAGeX Brands, one of the nation’s largest liquidation resources for restaurants, food service operators, supermarkets and convenience stores, have formed a strategic alliance to provide comprehensive real estate and equipment services to support the food service industry, including the purchase of surplus equipment and real estate.
Together, Gordon Brothers and TAGeX Brands bring decades of real estate and equipment disposition experience to help clients and partners find new property locations; negotiate, restructure and terminate leases; and acquire, source, purchase and redeploy equipment and inventory.
“Gordon Brothers and TAGeX Brands share a commitment to putting assets to their highest and best use for our clients,” said Tom Pedulla, President, Real Estate at Gordon Brothers. “Our strategic alliance optimizes real estate; maximizes excess equipment and inventory asset values; and repurposes machinery and equipment while promoting sustainability within the industry.”
“Our alliance with Gordon Brothers allows us to address surplus equipment and inventory quickly so we can increase liquidity and deliver rapid guaranteed outcomes for our clients and partners,” said Neal Sherman, Founder and CEO at TAGeX Brands. “We look forward to continuing to work together to solve the unique challenges facing today’s food service industry.”  
Gordon Brothers invests in compelling value-add opportunities, including distressed, transitional and excess corporate real estate. The firm offers various equity strategies, including asset acquisitions, joint venture equity investments and sale leasebacks. Gordon Brothers offers various debt strategies to owners as well, including senior loans, bridge loans and secondary financing.
In addition to its real estate investment platform, Gordon Brothers offers a variety of real estate services such as lease restructuring and termination, lease renewals, site selection, in-house real estate department augmentation, portfolio reviews and the sale of real estate.

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