#USA #Risk Solutions #Westlake Village #GA Group #Eran Cohen

GA Group's Strategic Acquisition and New Launch

In an ambitious move that signals its commitment to expanding service offerings, Great American Holdings, LLC, known as GA Group, has recently acquired Risk Solutions International (RSI). This strategic acquisition aligns with GA Group's broader objective to provide comprehensive advisory, valuation, and risk management solutions to its clientele, enhancing operational resilience in a volatile market environment.

Acquisition of Risk Solutions International

Headquartered in Westlake Village, California, GA Group has made significant strides in various service sectors, including advisory and liquidation services. With the addition of RSI, GA Group strengthens its ability to deliver integrated solutions that address critical risk management needs for businesses.

According to Dan Shribman, the CEO of GA Group, the acquisition comes at a pivotal time when clients are increasingly seeking holistic strategies to safeguard their financial health and operational capabilities. "In today's high-risk environment, our clients demand a robust framework to navigate challenges effectively," he stated. By merging its established platform with RSI's specialized expertise in business continuity and crisis management, GA Group is poised to offer a unique blend of services designed to bolster its clients' security and operational confidence.

RSI, a recognized leader in risk and resilience management, provides a comprehensive suite of services, including emergency and crisis management, enterprise risk management, and IT disaster recovery solutions. Their international reach and diverse client base will undoubtedly enhance GA Group's global presence.

Duane Lohn, Senior Managing Director of RSI, expressed optimism about the merger, highlighting their commitment to collaborative growth and innovation within the industry. "We look forward to continuing to deliver exceptional risk advisory services across critical sectors, now backed by GA Group’s extensive resources and expertise," he noted.

Launch of the Direct Lending Platform

In addition to the acquisition, GA Group has announced the launch of its direct lending platform, Great American Capital Corporation, LLC (GACC). Eran Cohen has been appointed as President and Chief Investment Officer of this new venture. This innovative lending platform will primarily focus on providing flexible capital solutions for mid-market companies.

As part of his role, Cohen will oversee strategic direction and portfolio management for GACC, enhancing its capabilities to deliver financing solutions ranging from $20 million to $100 million per transaction. This initiative reflects GA Group's dedication to supporting clients through challenging growth phases, reinforcing its commitment to delivering tailored capital solutions.

Dan Shribman conveyed his excitement regarding Cohen's appointment, emphasizing his extensive experience in structured finance. Cohen, with over three decades in the industry, has previously held prominent roles at firms such as Wells Fargo Capital Finance and Monroe Capital, where he developed a strong reputation for executing complex lending transactions.

"Eran's wealth of knowledge will be crucial as we scale our lending services and develop strategic partnerships within the asset-based lending community," Shribman stated. Cohen himself expressed his enthusiasm for joining GA Group, recognizing the opportunity to build a reputable lending platform from the ground up. He underscored the importance of collaboration with both GA Group and Oaktree Capital Management in creating a reliable capital solutions partner for the middle market sector.

Conclusion

The dual announcements from GA Group showcase a proactive approach to enhancing client services through strategic acquisitions and innovative lending options. By integrating RSI's expertise and launching GACC, GA Group not only solidifies its leadership position in the advisory space, but also establishes itself as a formidable player in the direct lending market. As the landscape of financial services continues to evolve, GA Group's latest ventures signal a commitment to meeting the diverse needs of its clientele while adapting to a changing business environment.