Gordon Brothers Group, a global advisory, re-structuring and investment firm, has acquired the Los Angeles-based licensing and branding company Blast-Off Brands.

Details of the transaction were not disclosed, however, the transaction will bolster the firm’s brands division and will serve as the foundation for its next generation brand investment platform. Additionally, the Blast-Off Brands team will take on senior leadership roles and will oversee Gordon Brothers' exisitng consumer brands portfolio, as well as collaborate with Polaroid's management team to grow the brand and pursue additional brand investments.

Included in the Gordon Brothers portfolio are brands such as Polaroid, Coby Electronics, Linens ‘N Things, Bombay & Company and The Sharper Image.