GA Group Makes Strategic Move with Acquisition of CBC Group LLC

GA Group Expands Its Horizons with CBC Group Acquisition

In a significant move within the asset-based lending industry, Great American Holdings, LLC (GA Group) has announced its acquisition of CBC Group LLC, a company renowned for its field examination services. Founded in 2002, CBC has built a trusted reputation among middle-market commercial lenders by providing essential examination outsourcing services. The strategic integration of CBC into GA Group promises to enhance the quality and range of services available to clients across North America.

A New Era for Asset-Based Lending

The acquisition expands GA Group's field exam team to nearly 40 seasoned professionals, broadening its operational footprint significantly. This development is particularly important given the growing demands of the asset-based lending market, where the need for rigorous examination and risk management is paramount. With this integration, GA Group can now offer more comprehensive solutions to its clients, combining the expertise of both organizations under one umbrella.

According to Dan Shribman, CEO of GA Group, "The acquisition of CBC is a significant and exciting step forward for GA Group. It is a testament to our commitment to expanding our comprehensive service offerings and delivering unmatched value to our clients." This sentiment reflects a strategic vision aimed at enhancing the company's competitive edge in the market.

Strengthening Legacy and Expanding Capabilities

Devinder Chaudhary, Managing Director of CBC Group, echoed this sentiment, emphasizing that the merger allows CBC to strengthen its legacy of quality service while expanding its capabilities through GA Group's resources. He noted that CBC has always prioritized integrity and accuracy, crucial traits that have solidified its relationships with clients. By joining GA Group, CBC aims to scale its services further and continue to be a formidable partner for the commercial lending community.

Services Offered by CBC Group

The expertise of CBC Group extends across multiple sectors, including industrial, retail, and financial services. They specialize in asset-based lending (ABL) collateral monitoring services, which encompass survey exams, cash flow analysis, and forensic examinations — all essential in identifying and mitigating potential risks for banks and financial institutions. With a solid track record in these areas, the company is poised to deliver even greater value post-acquisition.

GA Group: A Trusted Name in Asset Management

GA Group has been a key player in the valuation and asset management industry for nearly five decades. It offers a wide array of tailored solutions to address diverse client needs, leveraging its team’s collective expertise amassed over years of service. The company has a strong presence not only in the U.S. market but also internationally, which plays a vital role in its strategic planning and operational efficiency.

With the backing of majority owner Oaktree Capital Management, L.P., GA Group is set to continue its journey of expansion and advancement in the field of asset-based lending and related services. As businesses face evolving challenges in the marketplace, having a robust partner like GA Group is crucial for navigating complexities and ensuring sustainable growth.

Looking Ahead

As GA Group continues to integrate CBC Group into its operations, all CBC management and team personnel will be consolidated onto the GA platform, marking a new chapter in the organization’s history. The future looks promising as both companies unite their strengths, aiming to provide unparalleled service and support to their clients in the commercial lending sector.

For more information about GA Group, visit GA Group’s website. This acquisition not only establishes GA Group as a bigger player in the asset-based lending field but also strengthens its commitment to client service excellence.