Gordon Brothers, the global asset experts, has acquired SIA Group, a leading asset valuation, advisory and trading firm in the U.K.
Gordon Brothers’ acquisition of SIA Group will bolster both firms’ existing capabilities in the U.K. and Europe. The combined team provides asset-focused solutions to asset-based lenders, banks, financial sponsors, restructuring and turnaround professionals, and corporate and public bodies.
“We are delighted to welcome SIA Group to the Gordon Brothers organisation,” said Mark Newton-Jones, Head of Europe, the Middle East and Africa at Gordon Brothers. “This significant expansion of the team will not only give our combined businesses a wider geographical footprint, but also deepen asset expertise across many more business sectors to provide market-leading valuation, advisory, lending and trading solutions to both new and existing clients.”
Established in 2003, SIA Group has built a strong reputation and client base by providing innovative asset valuation and sales solutions within the asset-based lending and corporate restructuring industries.
The combined team led by Paul Craig, Managing Director, and Matt Earl, Operations Director, of SIA Group includes over 85 asset specialists operating across the U.K. including London, Birmingham, Manchester and Glasgow.
“We are excited to join Gordon Brothers and leverage the synergies between two like-minded organisations,” said Paul Craig, Managing Director of SIA Group. “This transformational transaction will allow us to offer a deeper, broader range of asset solutions in addition to the premier valuations and sales we provide to our clients today and enable us to span a broader range of industries, geographies and regulatory systems.”
