Upcoming Online Auction Offers Extensive Selection of Lithium-Ion EV Battery Cells and Industrial Equipment
Upcoming Online Auction Offers Extensive Selection of Lithium-Ion EV Battery Cells and Industrial Equipment What’s Happening Tiger Group is hosting an online auction on July 13, featuring a vast range of lithium-ion battery cells and industrial assets. The assets come from Romeo Power’s 215,000-square-foot EV battery assembly and testing plant in Cypress, California, now closed. Items up [...]
Private-treaty Sale by Tiger Group Features State-of-the-art Manufacturing Equipment for Molded-fiber Products and Packaging
Private-treaty Sale by Tiger Group Features State-of-the-art Manufacturing Equipment for Molded-fiber Products and Packaging Stored in the U.S., India and China, assets from California-based Zume include large inventory of compostable food packaging and a wide array of industrial equipment LOS ANGELES – June 8, 2023 — In an immediate private-treaty sale, Tiger Group is offering [...]
Telescope Retailer’s Entire Operations Available in Tiger Group Sale
Telescope Retailer’s Entire Operations Available in Tiger Group Sale Tiger to hold timed, online auction of multimillion-dollar inventory on June 13 LOS ANGELES, June 6, 2023 /PRNewswire/ — One of the world’s largest Internet retailers of high-performance telescopes is available for purchase as a going concern prior to the June 13 auction sale of the company’s inventory, Tiger Group announced. The 76-year-old, California-based ecommerce [...]
Niche Internet Brands Can Thrive by Merging with Larger Retailers
Niche Internet Brands Can Thrive by Merging with Larger Retailers Turnaround and sale of Richer Poorer to francesca’s® points to a go-forward strategy for other e-tailers with strong followings and brands, says Tiger Group’s Ryan Davis. NEW YORK – May 18, 2023 — Tiger Group’s turnaround and sale of California-based wardrobe essentials brand Richer Poorer [...]
Paper Products Online Auction Features Liquidation of Kraft Linerboard Paper Rolls
Paper Products Online Auction Features Liquidation of Kraft Linerboard Paper Rolls Tiger Group offers 2,1210 rolls in court-ordered bankruptcy sale on May 16. HOUSTON, May 3, 2023 – A May 16 Tiger Group online auction features 2,120 kraft linerboard paper rolls formerly owned by a global broker and distributor of pulp and paper products. “It is rare for [...]
Francesca’s Acquires Los Angeles Brand Richer Poorer
Francesca’s Acquires Los Angeles Brand Richer Poorer Specialty fashion retailer, Francesca’s announced on Tuesday the acquisition of California-based wardrobe essentials brand, Richer Poorer. The Houston-based company, which operates the Francesca’s and Franki by Francesca’s stores, said the acquisition will place Richer Poorer under the Francesca’s Acquisition LLC umbrella as a wholly owned subsidiary. Financial terms of [...]
Asset-Based Lending Sector Needs to Embrace Data and AI
Asset-Based Lending Sector Needs to Embrace Data and AI Adjusting to more complex datasets should be a top priority in asset-based lending now that AI is set to become a bigger factor in borrower health, advises Tiger Group Executive Managing Director Bradley W. Snyder. In an April 5 Industry Insights column for ABL Advisor (“What Asset-Based Lending Can [...]
Online Auction Features Live Event and Entertainment Production Rental Gear from North American Leader PRG
Online Auction Features Live Event and Entertainment Production Rental Gear from North American Leader PRG April 18 sale by Tiger Group features more than 600 lots of professional entertainment production gear with all items auctioned directly from the PRG depot in Van Nuys, California LOS ANGELES, April 13, 2023 /PRNewswire/ — On April 18 Tiger Group will conduct an online auction offering [...]
Transit Vans, Power Gurneys and Stair Chairs Available in April 20 Tiger Group Auction
Transit Vans, Power Gurneys and Stair Chairs Available in April 20 Tiger Group Auction Timed, online auction features late-model ambulances from a major medical transportation company EL MONTE, Calif., April 10, 2023 /PRNewswire/ — Medical transportation providers can expand their operations by acquiring late-model ambulances, power gurneys and stair chairs in an April 20 online auction by Tiger Group. Bidding [...]
Online Auction Features Digital Cameras, Lenses, Filters and Other Production-Quality Audiovisual Gear
Online Auction Features Digital Cameras, Lenses, Filters and Other Production-Quality Audiovisual Gear Tiger Group to conduct April 11 auction on behalf of two major production rental companies. LOS ANGELES – March 30, 2023 — On April 11 an online auction by Tiger Group provides an opportunity to acquire pro-grade audio-visual gear from a major North [...]
David A. Spehar Joins Tiger Group as Associate Director of Field Operations
David A. Spehar Joins Tiger Group as Associate Director of Field Operations Longtime Tiger consultant brings 30 years of appraisal and disposition experience New York – March 2, 2023 — David A. Spehar, a 30-year appraisal and disposition veteran whose work has encompassed over 350 companies and thousands of retail stores across North America, has [...]
Tiger Finance, Merchant Financial Group Provide $38MM in Growth Capital to Apparel Brand Arctix
Tiger Finance, Merchant Financial Group Provide $38MM in Growth Capital to Apparel Brand Arctix Tiger Finance and Merchant Financial Group are partnering to provide $38 million in growth capital to Alpha 6 Distributions, creator of the Arctix winter apparel brand. As the primary lender to Alpha 6, Merchant Financial Group tapped Tiger Finance to provide an additional $15.2 [...]
Substantial Discounts Available at Sears Hometown Store-Closing Sales Across the United States
Substantial Discounts Available at Sears Hometown Store-Closing Sales Across the United States More than 100 dealer-run stores wind down operations in 36 states, offering approximately $40 million in inventory including riding lawnmowers, washers, dryers, refrigerators, power tools and much more HOFFMAN ESTATES, Ill., Dec. 26, 2022 /PRNewswire/ — Liquidation sales are underway at 115 Sears Hometown stores across 36 states [...]
White Oak, Tiger Finance Provide $90MM Asset-Based Loan to Support TerraMar Capital’s Acquisition of U.S. Metals Distributor
White Oak, Tiger Finance Provide $90MM Asset-Based Loan to Support TerraMar Capital’s Acquisition of U.S. Metals Distributor White Oak Commercial Finance, an affiliate of White Oak Global Advisors, LLC, provided a $80 million revolver to a Midwest-based distributor and value-added service provider of specialty metal products with operations throughout the United States. Additionally, Tiger Finance, LLC, [...]
Tiger Finance Provides $20 Million Credit Facility to Pilot Wave E-Commerce
Tiger Finance Provides $20 Million Credit Facility to Pilot Wave E-Commerce Strategic financing fuels growth of Pilot Wave E-Commerce Holdings—the latest Tiger borrower leveraging the Amazon platform NEW YORK – November 29, 2022 –Tiger Finance, LLC and Pilot Wave E-Commerce Holdings, LLC (PWE) have closed on a flexible, $20 million credit facility — providing working [...]
Live Virtual Auction with Onsite and Online Bidding on November 30 Features 135 Tractors and Trailers
Live Virtual Auction with Onsite and Online Bidding on November 30 Features 135 Tractors and Trailers The wind-down of RiteWay Express includes late-model day cab and sleeper road tractors, food-grade dry vans and more RICHMOND, Va., Nov. 22, 2022 /PRNewswire/ — On November 30th, Tiger Group, Motleys and Loeb will hold a live virtual auction with online and on-site bidding for RiteWay Express, [...]
Second Avenue Capital Partners and Tiger Finance Provide $80MM Credit Facility for Casper Sleep
Second Avenue Capital Partners and Tiger Finance Provide $80MM Credit Facility for Casper Sleep Second Avenue Capital Partners (SACP) and Tiger Finance (Tiger) closed an $80 million credit facility for Casper Sleep, Inc. (Casper), the omnichannel retailer of innovative sleep products including mattresses, pillows and other sleep accessories. The new financing will be used to retire an existing credit facility [...]
Live Online Webcast Auction Features Cranes, Boom Trucks and Other Former Assets of Texas-Based Heavy Equipment Rental Company
Live Online Webcast Auction Features Cranes, Boom Trucks and Other Former Assets of Texas-Based Heavy Equipment Rental Company Conducted by Tiger Group and GA Global Partners, a court-ordered sale on November 10 creates opportunities for similar businesses as well as bidders in oil and gas, utility solar and construction EDNA, Texas, Nov. 2, 2022 /PRNewswire/ — Buyers can acquire heavy-duty [...]
William J. Mayer Joins Tiger Group as an Executive Managing Director
William J. Mayer Joins Tiger Group as an Executive Managing Director Former Wells Fargo and GE Capital executive brings decades of experience in finance, business development and corporate strategy to Tiger’s suite of services BOSTON – November 1, 2022 – William (Bill) J. Mayer, a senior finance industry executive responsible for generating billions of dollars [...]
Online Auction Features Live Event and Entertainment Production Rental Gear from North American Leader PRG
Online Auction Features Live Event and Entertainment Production Rental Gear from North American Leader PRG October 4 sale by Tiger Group features more than 700 lots of digital and film cameras, lenses, projectors, screens and monitors, with all items stored in California and Florida LOS ANGELES, Sept. 22, 2022 /PRNewswire/ — An October 4 online auction by Tiger [...]
Major Food Processor Passport Foods’ In-Demand Equipment Goes to Auction
Major Food Processor Passport Foods’ In-Demand Equipment Goes to Auction Tiger Group’s online auction on Oct. 6 gives food processors, large restaurants, ghost kitchens and other food businesses access to high-utility, hard-to-find equipment in excellent condition. ONTARIO, Calif., Sept. 21, 2022 /PRNewswire/ — An October 6 online auction by Tiger Group features equipment from Passport Foods’ shuttered Ontario, [...]
Jennifer A. Lewellyn Joins Tiger Group as Associate Director of Retail Operations
Jennifer A. Lewellyn Joins Tiger Group as Associate Director of Retail Operations 22-year retail-industry veteran brings extensive management and consulting experience, including collaborating with Tiger on hundreds of store closures NEW YORK (9/15/22)—Jennifer A. Lewellyn, a 22-year retail veteran with experience in both managing healthy stores and liquidating underperforming locations, has joined Tiger Group as [...]
Secondary-Market Prices for Oil and Gas Equipment Poised for a Rebound, Predicts Tiger Group Executive
Secondary-Market Prices for Oil and Gas Equipment Poised for a Rebound, Predicts Tiger Group Executive Oil and gas companies still face some tough challenges, yet the global surge in energy demand bodes well for asset values moving forward, advises Chad Farrell of Tiger C&I HOUSTON, Sept. 14, 2022 /PRNewswire/ — Secondary-market prices for oil-and-gas equipment could strengthen in the months [...]
Oilfield Equipment Prices Poised for Comeback
Oilfield Equipment Prices Poised for Comeback By: Chad Farrell The oil-and-gas business took a huge hit during the COVID-19 lockdowns, with the price of West Texas Intermediate crude oil dropping into negative territory for the first time in history. But while Americans continue to pay high gas prices, the rapid rebound of the oil-and-gas sector [...]
Medical Waste Disposal Equipment from California Plant Offered in Online Auction
Medical Waste Disposal Equipment from California Plant Offered in Online Auction September 20 liquidation by Tiger and Perry Videx includes incinerators, shredders and other systems used by a high-efficiency operation in San Bernardino County HESPERIA, Calif., Sept. 6, 2022 /PRNewswire/ — A September 20 online auction by Tiger Group and Perry Videx features the remaining assets from Aemerge RedPak’s former medical-waste treatment facility in Hesperia. This [...]
StayMobile Bankruptcy Auction Translates into Buying Opportunity for Electronics Repair Companies Nationwide
StayMobile Bankruptcy Auction Translates into Buying Opportunity for Electronics Repair Companies Nationwide Online auction by Tiger Group and Liquid Asset includes $5 million in computer components, including thousands of new laptops, desktop computers, monitors, scanners, printers and projectors, as well as more than 200,000 protective cases; bidding underway now KENNESAW, Ga., Sept. 2, 2022 /PRNewswire/ — The September 8 court-ordered bankruptcy [...]
Late-Model Rolling Stock and Waste Hauling Equipment Offered in Online Auction
Late-Model Rolling Stock and Waste Hauling Equipment Offered in Online Auction 9/1/22 – Tiger Group, a California-based auctioneer, is overseeing the Sept. 8 liquidation of equipment that had been used by Buckeye Water Services, a former fracking services and waste hauling company with locations in Ohio and Pennsylvania. The auctioneer says the sale features tractor [...]
Pro-Grade AV from Keslow Camera and The Camera Division Slated for Auction
Pro-Grade AV from Keslow Camera and The Camera Division Slated for Auction Tiger Group sets August 23 online auction which includes 350 lots of digital cameras, lenses, heads, filters, monitors, transmitters/receivers, memory/readers and gear accessories. LOS ANGELES – August 15, 2022 — Digital cameras from Keslow Camera and The Camera Division are among the 350 [...]
CNC, Foundry and Warehouse Equipment from LA’s Century-Old Bell Foundry Co. Goes to Auction on August 16
CNC, Foundry and Warehouse Equipment from LA’s Century-Old Bell Foundry Co. Goes to Auction on August 16 Tiger Group sets August 16 online auction of more than 300 lots of machinery and equipment—including CNC vertical machining centers by Fadal—as long-running company closes its doors SOUTH GATE, CA – August 11, 2022 — Tiger Group is [...]
Tiger Group Announces Liquidation Sale of Buckeye Water Services
Tiger Group Announces Liquidation Sale of Buckeye Water Services Construction equipment and more than 100 roll-off boxes for waste removal also available in Tiger Group liquidation of assets from Buckeye Water Services, a fracking services and waste-hauling company with locations in Pennsylvania and Ohio NEW CONCORD, Ohio and HICKORY, Pa., Aug. 9, 2022 /PRNewswire/ — Tiger Group is offering for immediate sale an entire [...]
Foreclosure Sale by Tiger Group and Perry Videx Features Medical Waste-Disposal Equipment
Foreclosure Sale by Tiger Group and Perry Videx Features Medical Waste-Disposal Equipment Recycling and waste-disposal companies can acquire shredders, incinerators and other useful machinery and equipment in an immediate sale by Tiger Group and Perry Videx. The assets come from Aemerge RedPak’s former medical-waste treatment facility in the city of Hesperia. Opened in 2017, the plant destroyed [...]
Late-Model CNC Equipment from Plastic Injection Mold Shop in Port Huron, MI Goes to Auction on August 2
Late-Model CNC Equipment from Plastic Injection Mold Shop in Port Huron, MI Goes to Auction on August 2 Tiger Group and Southern Fabricating Machinery Sales set August 9 online auction for CNC machines by Hurco and Fadal, electrical discharge machinery by Xermax and Elox, as well as shop equipment and rolling stock PORT HURON, Mich., Aug. 2, 2022 /PRNewswire/ [...]
Tiger Group Reaches Major Milestones at Audio/Visual Auctions & Private Treaty Sales in First Half of 2022
Tiger Group Reaches Major Milestones at Audio/Visual Auctions & Private Treaty Sales in First Half of 2022 Number of buyers at events for PRG and Red Star Pictures surplus gear jump 50% from auctions held in 1st half of 2021; bankruptcy auction of assets from Pacific Theatres achieves 99% sell-through rate. LOS ANGELES (6/23/22) – [...]
High-Precision Manufacturing Equipment Offered in June 29 Online Auction by Tiger Group and Southern Fabricating Machinery
High-Precision Manufacturing Equipment Offered in June 29 Online Auction by Tiger Group and Southern Fabricating Machinery FAIRFIELD, New Jersey (6/20/2022)—A June 29 online auction by Tiger Group and partner Southern Fabricating Machinery Sales features machining centers, honing machines, turret lathes, CNC turning centers and other high-utility manufacturing assets that remain from a closed precision machining plant in Fairfield. [...]
Trademarks Can Be a Collateral Opportunity for Asset-Based Lenders, Advises Tiger Group Managing Director
Trademarks Can Be a Collateral Opportunity for Asset-Based Lenders, Advises Tiger Group Managing Director But product scope, distribution challenges, brand recognition, celebrity endorsers’ bad behavior, IP issues and other unusual variables can affect trademark health and NOLV, Eric Gul cautions in article. NEW YORK, May 23, 2022 /PRNewswire/ — Trademarks present a collateral opportunity for asset-based lenders—so [...]
Tiger to Auction Professional Cameras, Lenses, Grip, Electric and Gear Accessories from Red Star Pictures
Tiger to Auction Professional Cameras, Lenses, Grip, Electric and Gear Accessories from Red Star Pictures June 2 online sale of over 450 lots of surplus audio video gear features Canon, Panasonic and Sony cameras; Rokinon Xeen and Tokina lenses; and lighting from Arri LOS ANGELES, May 24, 2022 /PRNewswire/ — Tiger Group is gearing up to auction surplus equipment from [...]
High-Quality Collateral at Amazon FBA Represents a Strong Growth Opportunity for Asset-Based Lenders, Advises Tiger Group Managing Director
High-Quality Collateral at Amazon FBA Represents a Strong Growth Opportunity for Asset-Based Lenders, Advises Tiger Group Managing Director In Q&A with ABL Advisor, appraisal chief Ryan Davis dispels several misconceptions about the risks of loans to FBA sellers, but also stresses industrywide need for more data-driven valuations BOSTON, May 9, 2022 /PRNewswire/ — Fulfillment by Amazon (FBA) could be [...]
Tiger Group and Southern Fabricating Machinery Sales Offer High-Precision Manufacturing Equipment in May 4 Online Auction
Tiger Group and Southern Fabricating Machinery Sales Offer High-Precision Manufacturing Equipment in May 4 Online Auction Buyers in sectors such as aerospace, defense, oil and gas and automotive can acquire mills, lathes, grinders, CNC turning centers and other assets from closed aerospace plant in Fairfield, N.J. ; bidding begins April 27 FAIRFIELD, N.J. , April 26, 2022 /PRNewswire/ — A May 4 online [...]
Tiger Group Auction Offers Live Event and Entertainment Production Rental Gear from North American Leader PRG
Tiger Group Auction Offers Live Event and Entertainment Production Rental Gear from North American Leader PRG PRG has once again enlisted Tiger Group to auction select live event and professional AV gear from its existing rental inventories. The sale features digital cameras, lenses and projectors by manufacturers such as Arri, Barco, Canon, Christie, Fuji, Panasonic, Red, Sony [...]
Ana Leon Recognized in ABFJ’s ‘2022 Top Women in Asset-Based Lending’
Ana Leon Recognized in ABFJ’s ‘2022 Top Women in Asset-Based Lending’ In an era in which hopping from job to job is common, Ana Leon is a throwback to an earlier age. For more than 40 years, she has worked for some version of the same company, joining the Nassi Group in the early 1980s [...]
Tiger Finance Provides $5.2MM Financing Facility to Private Label HBC Company
Tiger Finance Provides $5.2MM Financing Facility to Private Label HBC Company Capital supports new brand-development program for a national big-box retail client aiming to ramp up its beauty and wellness offerings NEW YORK, March 31, 2022 /PRNewswire/ — Tiger Finance has closed on $5.2 million in financing for a private label health and beauty care products company in support of a [...]
CIT Northbridge and Tiger Finance Arrange Financing of Up to $47 Million for a Leading E-Commerce Seller of Branded Products
CIT Northbridge and Tiger Finance Arrange Financing of Up to $47 Million for a Leading E-Commerce Seller of Branded Products NEW YORK — March 29, 2022 — CIT Northbridge Credit, as advised by CIT Asset Management, and Tiger Finance today announced they have arranged up to $47 million in financing for a leading e-commerce seller [...]
Strong Results in Tiger Group’s Pacific Theatres Sale Point to Rebound in Theater Business and Continued Growth in Pro AV Sector
Strong Results in Tiger Group’s Pacific Theatres Sale Point to Rebound in Theater Business and Continued Growth in Pro AV Sector Online auction of equipment from bankrupt chain draws bids from around the world; Tiger now slated to sell similar gear from 10 additional closed Pacific Theatres locations. LOS ANGELES, March 17, 2022 — Demand from [...]
Tiger Group and GA Global Partners Offer Entire Operations and Assets of Texas-Based Dalton Crane in Turnkey Sale
Tiger Group and GA Global Partners Offer Entire Operations and Assets of Texas-Based Dalton Crane in Turnkey Sale March 8, 2022 – Heavy-equipment rental companies can bid for the entire operations and assets of fully staffed Dalton Crane in a turnkey sale by Tiger Group and GA Global Partners. The court-ordered sale of the multimillion-dollar business from Edna, [...]
Eric Gul Joins Tiger Group as Managing Director
Eric Gul Joins Tiger Group as Managing Director Veteran IP, licensing and M&A specialist brings extensive insights into the valuation of consumer-facing brands; previously served in executive roles at Sequential Brands, Global Brands Group, Kids Headquarters, and Tommy Hilfiger NEW YORK (3/09/22)—Brand executive and corporate counsel Eric Gul has joined Tiger Group as a Managing [...]
Tiger Group Offers Multimillion-Dollar Inventory of Seven7h Sense & Green Lily Products—An Opportunity for CBD, Cosmetics & Beauty Care Retailers, Distributors
Tiger Group Offers Multimillion-Dollar Inventory of Seven7h Sense & Green Lily Products—An Opportunity for CBD, Cosmetics & Beauty Care Retailers, Distributors Immediate sale at SoldTiger.com includes retail-ready SKUs for topical relief, face, bath and body, and more; inventory is surplus to a major distributor, with certificates of analysis provided LOS ANGELES (2/17/22)—Tiger Group is now [...]
Tiger Group Online Auction Features Wide Variety of Gear from Pacific Theatres
Tiger Group Online Auction Features Wide Variety of Gear from Pacific Theatres Theater owners, live event production companies and rental houses can acquire equipment by brands such as Christie, Dolby, NEC, GDC, QSC and Samsung; auction features hundreds of assets, including state-of-the-art LED cinema screen, projectors, cinema monitors, servers, amplifiers, media blocks and even popcorn [...]
Tiger Group Offers $15 Million in Hemp CBD Wellness Products and Child-Resistant Packaging and Related Accessories in Major Liquidation
Tiger Group Offers $15 Million in Hemp CBD Wellness Products and Child-Resistant Packaging and Related Accessories in Major Liquidation LOS ANGELES, Jan. 20, 2022 — Tiger Group is selling over 55 million pieces of brand-new hemp CBD wellness products, packaging and related accessories in a major liquidation event. Worth a total of approximately $15 million at [...]
Tiger Group, Plant & Machinery Inc. and AuctionSection.com Offer Assets, Including Real Estate, from Metal Fabricator Gulfex
Tiger Group, Plant & Machinery Inc. and AuctionSection.com Offer Assets, Including Real Estate, from Metal Fabricator Gulfex HOUSTON, Jan. 19, 2022 — In a January 26 live onsite w/webcast auction, Plant & Machinery, Inc. and Tiger Group are offering machinery and equipment from the South Houston facilities of metal-fabricator Gulfex—formerly a top manufacturer of high-quality, custom pressure vessels and towers used in the oil and [...]
Tiger Group Hosts Immediate Sale of Gate NY Equipment
Tiger Group Hosts Immediate Sale of Gate NY Equipment November 8, 2021 – Tiger Group, New York City, is now selling the remaining equipment assets from Gate NY, Holbrook, N.Y., formerly a major drop-ship location for garment distributors in the Northeast. “The supply-chain crunch means that companies in the garment-printing and embroidery business are often being [...]
Tiger Group Auction Offers Live Event and Entertainment Production Rental Gear From PRG
Tiger Group Auction Offers Live Event and Entertainment Production Rental Gear From PRG As PRG prepares for the full reopening of the industries it serves, it enlisted Tiger Group to auction select live event and production-ready audiovisual gear from its existing rental inventories. The gear from PRG, which maintains a rental inventory of production equipment globally, features an array [...]
Tiger Group Hosts Online Auction of Catamount Oilfield Services’ Pipe Inventory
Tiger Group Hosts Online Auction of Catamount Oilfield Services’ Pipe Inventory Tiger Group and Liquidity Services reported that bidding is underway in the timed online auction of more than 300,000 feet of line pipe formerly owned by Fort Morgan, CO-based Catamount Oilfield Services. The auction is the latest offering by the two companies, which in 2016 formed a [...]
Tiger Group and Liquidity Services to Liquidate Well Production, Test Equipment and Other Oil-and Gas-Sector Assets in Online Auction
Tiger Group and Liquidity Services to Liquidate Well Production, Test Equipment and Other Oil-and Gas-Sector Assets in Online Auction AMITY, Pa., Feb. 9, 2022 /PRNewswire/ — Buyers in the quickly rebounding oil-and-gas sector can acquire well production, test equipment and other assets in a timed, online auction by Tiger Group and Liquidity Services. Bidding on the diverse array of assets from PPS Operators, [...]
Tiger Finance Provides $13.75MM Credit Facility to Laney Directional Drilling
Tiger Finance Provides $13.75MM Credit Facility to Laney Directional Drilling Tiger Finance closed on a $13.75 million term loan for Waller, Texas-based Laney Directional Drilling—a full-service trenchless construction and engineering firm known for its highly complex drilling operations on major infrastructure projects. The transaction, which closed on December 27, comes at a time of increased demand [...]
Tiger Finance Provides $8.2MM Credit Facility to Outdoor Adventure Brands
Tiger Finance Provides $8.2MM Credit Facility to Outdoor Adventure Brands Tiger Finance closed on $8.2 million in growth financing for Outdoor Adventure Brands (OAB)—an ecommerce and retail company known for its Austin Canoe & Kayak stores in Texas and Summit Sports locations in Michigan. Private-equity sponsor Digital Fuel Capital, an ecommerce-focused investment firm, is an investor [...]
Tiger Finance Provides $17 Million Credit Facility to Industrial Real Estate Firm
Tiger Finance Provides $17 Million Credit Facility to Industrial Real Estate Firm Capital infusion will enable company to acquire and redevelop site on East Coast NEW YORK (12/14/21) –Tiger Finance has closed on $17 million in growth financing for an East Coast industrial real estate investment and development firm. Over the past five years, the [...]
Tiger Finance Provides $15.5MM DIP Financing to Aluminum Shapes
Tiger Finance Provides $15.5MM DIP Financing to Aluminum Shapes Tiger Finance has closed on a $15.5 million in debtor-in-possession financing to facilitate the Chapter 11 restructuring of Pennsauken, N.J.-based Aluminum Shapes LLC, a fully integrated manufacturer and distributor of aluminum products serving multiple industries. Aluminum Shapes LLC, which operates a 500,000-square-foot facility in Pennsauken, filed for [...]
Does the Current ‘Logistics Nightmare’ Have a Surprising Upside?
Does the Current ‘Logistics Nightmare’ Have a Surprising Upside? Could today’s global supply chain disruption contain some good news for asset-based lenders? That may seem like a counterintuitive question given that the current inventory crunch — supplies have dropped to levels not seen since just after the Great Recession — has led many borrowers to [...]
Live Webcast Auction by Machinery Network Auctions and Tiger Group Offers Inventory from Automotive Supplier Toledo Molding & Die, Inc.
Live Webcast Auction by Machinery Network Auctions and Tiger Group Offers Inventory from Automotive Supplier Toledo Molding & Die, Inc. Plant-closing sale on September 14 features 279 items–including accumulator-head blow molders, granulators, blenders, chillers, air compressors and more–from the global Tier 1/Tier 2 supplier of interior and air/fluid management systems JEFFERSON, Ohio, Sept. 1, 2021 /PRNewswire/ — In [...]
Proceeds Beat Expectations by 45 Percent in Well-Attended CBD Equipment/Real Estate Auction by Tiger Group and Tranzon Asset Advisors
Proceeds Beat Expectations by 45 Percent in Well-Attended CBD Equipment/Real Estate Auction by Tiger Group and Tranzon Asset Advisors U.S. and international bidders acquire all available assets of a major CBD processor in Cadiz, Kentucky, along with its 86,500-square-foot plant and 14.5-acre site. CADIZ, Ky., Aug. 19, 2021 /PRNewswire/ — Motivated bidders drove robust results in an [...]
Tiger Online Auction Offers Variety of Professional A/V Gear From Major Production Rental Company
Tiger Online Auction Offers Variety of Professional A/V Gear From Major Production Rental Company Aug. 24th sale features over 200 lots of digital cameras, lenses, projectors, memory and other gear accessories from prominent North American rental house LOS ANGELES (8/17/21)–In its latest sale for a prominent North American production rental company, Tiger Group will be [...]
Audio-Visual Asset Value Rebound Highlights Sector’s Resilience
Audio-Visual Asset Value Rebound Highlights Sector’s Resilience Tiger Group experts provide insights into the factors asset-based lenders should contemplate when considering lending into the professional A/V sector. Asset values in the audio/visual (A/V) sector—everything from high-end digital cameras for movie, television and commercial productions, to specialized lighting for live events—continue to strengthen, due in part [...]
Restaurant Rebound Tests the Limits of U.S. Food Distributors
Restaurant Rebound Tests the Limits of U.S. Food Distributors Historically, foodservice inventory and M&E have been good, stable forms of collateral, and the prospects of this “safe haven” sector remain quite strong over the long term. However, closer monitoring is always required when any form of collateral faces headwinds, which is the case in today’s [...]
Proceeds from Tiger Group, Schneider Industries Online Auction of Brewery Assets Top Expectations by 15%
Proceeds from Tiger Group, Schneider Industries Online Auction of Brewery Assets Top Expectations by 15% The recent online auction of assets from a 30-barrel, semi-automated brewhouse in Eureka by Tiger Group and Schneider Industries generated proceeds that were 15% above the sale partners’ expectations. In all, the auction attracted 236 registered bidders from across the United States [...]
Tiger ‘Buy Now’ Online Event Offers Surplus Professional Gear From Keslow Camera
Tiger ‘Buy Now’ Online Event Offers Surplus Professional Gear From Keslow Camera Continuing its longstanding partnership with Keslow Camera, Tiger Group today launched a ‘Buy Now’ online sale featuring over 300 lots of digital cameras, lenses, monitors, matte boxes and gear accessories from this leading film and television industry equipment rental company. The sale features [...]
Francesca’s CEO Shares Brand’s Post-Pandemic Turnaround
Francesca’s CEO Shares Brand’s Post-Pandemic Turnaround The COVID-19 pandemic forced retailers to survive amid a wave of challenges, including losing their physical footprints for an extended period. And that meant companies either innovated and pivoted or faced even bigger troubles. By Amy Baxter For those retailers who were already facing struggles, such as clothing company [...]
Assets of 30 Barrel Semi-Automated Brewhouse Up for Bid in Tiger Group, Schneider Industries Online Auction on June 17
Assets of 30 Barrel Semi-Automated Brewhouse Up for Bid in Tiger Group, Schneider Industries Online Auction on June 17 EUREKA, Calif., June 2, 2021 /PRNewswire/ — Bids are now being accepted for the June 17 online auction of all assets from a 30-barrel semi-automated brewhouse in Eureka that closed in December 2020. The auction is being conducted by [...]
Gail Glave Named to the 2021 Top Women in ABL Strategic Advisors
ABF Journal’s 2021 Top Women in Asset-Based Lending Profile Spotlight GAIL GLAVE Managing Director, Field Financial Operations Tiger Capital Group Gail Glave believes in the power of being trustworthy and if there’s one thing that is always honest, it’s data. Perhaps that’s why Glave, a managing director of field financial operations at Tiger Capital Group, [...]
Tiger Finance and Encina Business Credit Announce the Closing of a $48.5 Million Revolver/Term Loan to Daytona Apparel Group
Tiger Finance and Encina Business Credit Announce the Closing of a $48.5 Million Revolver/Term Loan to Daytona Apparel Group Capital infusion will support accelerated growth of Daytona’s platform of owned, licensed and private label offerings, as well as its expansion into adjacent product categories and direct-to-consumer platforms. NEW YORK, May 13, 2021 /PRNewswire/ — Tiger Finance and [...]
Tiger Group Online Auction on May 20 Features Machining Centers, Industrial Robots and Other High-Utility Assets
Tiger Group Online Auction on May 20 Features Machining Centers, Industrial Robots and Other High-Utility Assets FLORENCE, Ky., May 6, 2021 /PRNewswire/ — Tiger Group will begin accepting bids on May 13 for the May 20 online auction of the remaining assets from Eagle Manufacturing’s engine block-machining facility in Florence, Kentucky. The 300,000-square-foot metro Cincinnati plant [...]
Stiffed Vendors Get Tough With U.S. Retailers After Big Losses
Stiffed Vendors Get Tough With U.S. Retailers After Big Losses (Bloomberg) — As U.S. retailers celebrate a boom lifting one of the pandemic’s hardest-hit sectors, scars left by a year of bankruptcies and delayed vendor payments could threaten to undermine their recovery — just as the crucial back-to-school shopping season begins. After watching their receivables [...]
Tiger Promotes Schloemer to Director of Business Development for Midwest
Tiger Promotes Schloemer to Director of Business Development for Midwest April 21, 2021, 08:10 AM Eric Schloemer has been promoted to Director of Business Development for Tiger Group, which specializes in a variety of asset dispositions and valuations, as well as secured debt financing and equity investments. The 14-year veteran of the financial services industry [...]
Tiger Group to Auction Garment Printing Equipment from Gate NY
Tiger Group to Auction Garment Printing Equipment from Gate NY Tiger Group is accepting bids for its April 15 online auction of assets from Holbrook, NY-based embroidery and garment-printing company Gate NY, which had been a drop-ship location for garment distributors from across the Northeast. Highlights of the auction include screen-printing machines, flash cures, dryers, [...]
Tiger Group Selling Robot-Automated Parts-Coating Lines and Other Assets Formerly Owned by Wheel Specialist Winona PVD Coatings
Tiger Group Selling Robot-Automated Parts-Coating Lines and Other Assets Formerly Owned by Wheel Specialist Winona PVD Coatings Automotive or other operators that need to coat or wash parts can submit bids now for Winona’s adaptable lines; office, plant support and material-handling equipment also available NEW YORK, March 22, 2021 /PRNewswire/ — Tiger Group is now accepting [...]
Tiger Capital’s Gail Glave on the Art of Liquidations
Tiger Capital’s Gail Glave on the Art of Liquidations Beyond just putting up signs and accelerating markdowns, liquidations require analysis, a merchant’s perspective and store operations know-how. By David Moin on March 23, 2021 The Tiger Capital Group is in the business of liquidating retailers — and sometimes rescuing them. “Liquidations are our bread and butter, along with asset-based appraisals. [...]
Tiger Group Online Auction On March 30 Features Advanced Knitting, Dyeing And Finishing Equipment From Montréal-Based Tricots-Liesse
Tiger Group Online Auction On March 30 Features Advanced Knitting, Dyeing And Finishing Equipment From Montréal-Based Tricots-Liesse MONTRÉAL — March 16, 2021 — Tiger Group will begin accepting bids on March 23 for the March 30 online auction of assets from one of the best-known knitting, dyeing and finishing operations in the North American textile industry—the 250,000-square-foot Tricots-Liesse [...]
Andrew Cerussi Joins Tiger Financial as Managing Director
Andrew Cerussi Joins Tiger Financial as Managing Director Andrew (Andy) Cerussi has joined Tiger Financial, LLC as a Managing Director. Tiger Financial is an affiliate of Tiger Capital Group, the asset valuation and financial services firm. From his base in Tiger’s Boston office, the 20-year veteran of the asset-based lending and financial services industries will [...]
Tiger Group Online Auction on March 9 Features Heavy Equipment, Tools and Rolling Stock from Advanced Pavement Group
Tiger Group Online Auction on March 9 Features Heavy Equipment, Tools and Rolling Stock from Advanced Pavement Group With assets located in Pennsylvania, New York, New Jersey and Delaware, the online- only auction includes milling machines, loaders, sweepers, rollers, excavators, dozers, trucks, shop equipment, parts and more. LOS ANGELES (3/1/21)—Tiger Group will begin accepting bids [...]
Tiger Group Achieves Record Sales of Pro-Grade Audiovisual Gear in 2020
Tiger Group Achieves Record Sales of Pro-Grade Audiovisual Gear in 2020 February 22, 2021 Firm’s AV practice posts 37.9% increase in total dollar volume in 2020; highlights include auction of $15 million in gear from one of Canada’s top live-event rental production houses. Tiger Group’s Commercial & Industrial (C&I) Division posted record sales of pro-grade [...]
Tiger Group to Auction Frozen, Refrigerated, Dry Food Products from Cruise Industry Supplier
Tiger Group to Auction Frozen, Refrigerated, Dry Food Products from Cruise Industry Supplier Tiger Group is offering over $11 million (at retail) in commercial foods in a Feb. 23 online auction of the remaining inventory from cruise industry supplier Kansas Marine Co.’s soon-to-close Miami distribution center. The offering features over 40 million pieces of consumable [...]
Tiger Capital Group Names Glave Managing Director
Tiger Capital Group Names Glave Managing Director Tiger Capital Group promoted Gail Glave from director of field financial operations to managing director. Glave serves as both a senior financial analyst and operations specialist, and is responsible for financial modeling, tracking and analyzing daily sales data as well as the on-site management of Tiger’s field supervisors. [...]
Francesca’s Clothing Chain Approved for Bankruptcy Sale
Francesca’s Clothing Chain Approved for Bankruptcy Sale The buyers of Francesca’s remaining specialty retail business will keep at least 275 of its boutiques open, and retain the management team and nearly all other employees By Aisha Al-Muslim Jan. 21, 2021 5:25 pm ET Specialty retailer Francesca’s Holdings Corp. has won court approval to sell its [...]
Tiger Capital Group, B. Riley Retail Solutions Conducting GOB Sales at All 25 Stock+Field Stores in Midwest
Tiger Capital Group, B. Riley Retail Solutions Conducting GOB Sales at All 25 Stock+Field Stores in Midwest Going-out-of-business sales are underway at all 25 Stock+Field stores across the Midwest—an opportunity for enthusiasts of the rural lifestyle to find bargains on thousands of premier items in categories such as farm supplies, outdoor power equipment, lawn and [...]
Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process
Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process Houston-based specialty apparel retailer Francesca’s Holding Corp. is one step closer to selling its business to a private investor. Copyright 2021 Houston Business Journal. All Rights Reserved. The U.S. Bankruptcy Court fo the District of Delaware has approved the company’s auction process, Francesca’s announced [...]
Retailer rue21 Enters Deal With Bank of America to Retire Debt, Extend Credit Agreement
Retailer rue21 Enters Deal With Bank of America to Retire Debt, Extend Credit Agreement Specialty retailer rue21 (r21 Holdings, Inc.) announced that its strong financial position has enabled it to refinance its existing term loan, increase available liquidity and lower its cost of capital. rue21 amended its asset based credit facility to increase availability to [...]
Tiger Group to Auction Inventories from Major Distributor of Disposable, Durable Medical Supplies
Tiger Group to Auction Inventories from Major Distributor of Disposable, Durable Medical Supplies Following private treaty bulk sales and successful auctions of assets from three of American Medical Depot’s (AMD) six facilities, Tiger Group will wrap up the wind-down of this major distributor of medical equipment and supplies with online auctions in mid-January for in [...]
Tiger Group Online Auction Features Late-Model Equipment from CBD and Cannabis Manufacturer
Tiger Group Online Auction Features Late-Model Equipment from CBD and Cannabis Manufacturer Dec. 9 auction offers QC analysis, sterilization, and filling/packaging equipment with applications for pharma, CBD and other industries. LOS ANGELES, Dec. 1, 2020 /PRNewswire/ — Tiger Group will be holding an online auction on Dec. 9 of late-model equipment surplus to the ongoing operations [...]
Canadian Mall Owners Could Buy Key Tenants in Months Ahead, Tiger Group Executive
Canadian Mall Owners Could Buy Key Tenants in Months Ahead, Tiger Group Executive Canadian mall owners are well-positioned to acquire key retail tenants in their portfolios in the months ahead, said Bradley W. Snyder, a Tiger Group Executive Managing Director, during a retail-focused webinar hosted by Insolvency Insider. Mall landlords across North America need to [...]
Solar Cell Manufacturing Equipment and Intellectual Property from Alta Devices Now Available for Bulk or Piecemeal Purchase
Solar Cell Manufacturing Equipment and Intellectual Property from Alta Devices Now Available for Bulk or Piecemeal Purchase Assets from pioneer of extreme high efficiency GaAs Flexible Thin Film Solar Cells include manufacturing and fabrication lines; test and measurement equipment; analysis lab; plant support/IT equipment; and over 400 patents. SUNNYVALE, Calif., Nov. 11, 2020 /PRNewswire/ — [...]
Tiger Auctioning Assets from One of Canada’s Largest AV Rental Houses
Tiger Auctioning Assets from One of Canada’s Largest AV Rental Houses TORONTO, Nov. 5, 2020 /PRNewswire/ — In a three-day online auction event scheduled for November 17-19, Tiger Group will be selling gear from the recently closed Westbury National Show Systems Ltd. (“Westbury“), which had long been one of Canada’s largest full-service live event rental production [...]
Tiger Group Auctioning Inventory and Equipment from Wholesaler of Promotional Apparel and Hardgoods on Nov. 12
Tiger Group Auctioning Inventory and Equipment from Wholesaler of Promotional Apparel and Hardgoods on Nov. 12 KENT, Wash. — October 30, 2020 — Tiger Group will be conducting online auction on November 12 of textile embellishment and warehouse equipment, blank inventories of apparel and hardgoods, and intellectual property of a wholesale supplier of custom-designed promotional [...]
Tiger Group COO Reflects on Retail in the Age of COVID-19
Tiger Group COO Reflects on Retail in the Age of COVID-19 Throughout the pandemic, Tiger Group has been on the front lines of headline-making retail dispositions, from selective store-closure projects involving JCPenney, GNC and Sur La Table, to chainwide liquidations for the likes of New York & Co., Modell’s, Barney’s and Stein Mart. ABL Advisor [...]
Tiger Group Selling Multi-Million-Dollar Disposable and Durable Medical Supply Inventory in Connection with Major Distributor’s Wind-Down
Tiger Group Selling Multi-Million-Dollar Disposable and Durable Medical Supply Inventory in Connection with Major Distributor’s Wind-Down The multi-million-dollar inventory encompasses over 350,000 products from some 2,000 manufacturers. Items range from personal protective equipment (PPE) to personal paper products, hospital textiles, sterilization wraps, swabs/cotton balls, medical gloves, bandages/dressings, alcohol products, acute care monitoring units, needles, test [...]
Tiger Finance Provides Nu-Steel Trade With $10MM in Growth Capital
Tiger Finance Provides Nu-Steel Trade With $10MM in Growth Capital Tiger Finance, a wholly owned affiliate of Tiger Capital Group closed on a $10 million delay draw term loan to Nu-Steel Trade that provides working capital for growth and acquisition opportunities. “Nu-Steel is thrilled with the opportunity to partner with Tiger on the growth of [...]
Massive Inventory of Line Pipe Now Available From Tiger Group and P.I.T. Pipe
Massive Inventory of Line Pipe Now Available From Tiger Group and P.I.T. Pipe September 17, 2020 Source: Tiger Group High-quality, never-used pipe is ideal for use in water-transmission, heavy construction, and the oil and gas sector; all inventory made in the United States. More than 500,000 feet of 30-inch, X70, coated line pipe is now [...]
Bankrupt retailers face a new hurdle: Getting rid of inventory
Bankrupt retailers face a new hurdle: Getting rid of inventory Deep discounts and liquidation sales are no longer enough to lure customers By: Abha Bhattarai September 8, 2020 at 7:00 a.m. EDT The nation’s bricks-and-mortar retailers were undergoing a reckoning years before the pandemic led to shutdowns and a tanking economy, tipping more than [...]
Tiger Group Online Auction Features Equipment for Screen Printing and Premium Promotional Manufacturing
Tiger Group Online Auction Features Equipment for Screen Printing and Premium Promotional Manufacturing NEW YORK, Sept. 8, 2020 /PRNewswire/ — Tiger Group will begin accepting bids on September 15 for an online auction of hundreds of pieces of equipment used for screen printing and manufacturing apparel and premium promotional products. Online bidding at SoldTiger.com will commence [...]
A Total of 44 Retailers Have Already Filed for Bankruptcy This Year and Many Others are Expected to Follow
A Total of 44 Retailers Have Already Filed for Bankruptcy This Year and Many Others are Expected to Follow EXCERPT: ADVERTISER NEWS | MONDAY AUGUST 24, 2020 The coronavirus pandemic is upending the way U.S. consumers shop and the holidays will be no exception as major retailers and shippers roll out their earliest-ever shopping season. Target, [...]
Stein Mart to Close 279 Locations Through Going Out of Business Sales
Stein Mart to Close 279 Locations Through Going Out of Business Sales Stein Mart filed for Chapter 11 reorganization and authorized going out of business sales by a joint venture comprising Gordon Brothers, Hilco Merchant Resources, Tiger Capital Group, B. Riley Financial’s Great American Group and SB360 Capital Partners. The sale process is underway at [...]
AmerisourceBergen puts former PharMEDium Memphis facility and equipment up for sale
AmerisourceBergen puts former PharMEDium Memphis facility and equipment up for sale A specialty pharmacy facility’s building and its equipment — set to close this year — are up for sale. By Jason Bolton – Data Editor, Memphis Business Journal Aug 13, 2020, 8:44am EDT A spokesperson for AmerisourceBergen Corp. confirmed its former PharMEDium operations located [...]
New York & Company Store Closing Sales Begin with Deep Discounts
New York & Company Store Closing Sales Begin with Deep Discounts LOS ANGELES, July 28, 2020 /PRNewswire/ — B. Riley Financial, Inc. (NASDAQ:RILY) (“B. Riley”) affiliate, Great American Group, and Tiger Capital Group today announced that store closing sales have begun at all New York & Company retail locations across the United States. The firms are conducting liquidation sales [...]
US Liquidators Give Retailers ‘sticker shock’ over Unsold Goods
US liquidators give retailers ‘sticker shock’ over unsold goods Retailers are turning to liquidators to offload stock but are alarmed at how little they pay America’s largest liquidation firms say retailers have been inundating them with calls to offload goods following weeks of lockdown, only to balk at the ultra-low prices they are offering to [...]
Tiger Group MD Named to SFNet’s ‘40 Under 40’
Tiger Group MD Named to SFNet’s ‘40 Under 40’ Ryan Davis, Managing Director of Valuation Services at Tiger Group, has been named a ‘40 Under 40’ recipient in the 2020 awards program from The Secured Finance Network (SFNet), the professional association of the secured lending industry. “The SFNet 40 Under 40 Awards, established in 2016, [...]
Tiger Group Sets Online Auction for Assets of Plastics Painting Plant
Tiger Group Sets Online Auction for Assets of Plastics Painting Plant GRAND RAPIDS, Mich., July 8, 2020 /PRNewswire/ — Tiger Group will begin accepting bids on July 14 for a live online auction of selected assets to the continuing operations of Spectrum Cubic (a subsidiary of Spectrum Industries), a graphic decorating and painting company that services the [...]
Retail Inventory Valuations Bounced Back During Re-Openings
Retail Inventory Valuations Bounced Back During Re-Openings By Marianne Wilson – 07/07/2020 Retail inventory valuations bounced back quickly to surprising health levels quickly in May and June. As large numbers of Americans responded to retail re-openings by hunting for bargains at liquidation sales. That’s according to executives from Tiger Capital Group, who participated in a [...]
GOB Sale Resumes At 107 Modell’s Locations
GOB Sale Resumes At 107 Modell’s Locations Posted by SGB Media | Jun 25, 2020 Modell’s Sporting Goods has resumed going-out-of-business sales at 107 of its remaining stores, beginning immediately. The retailer had begun sales in mid-March after filing for bankruptcy but was forced to postpone the sale as the coronavirus crisis began ramping up [...]
J.C. Penney liquidation sales at 136 closing stores underway
J.C. Penney liquidation sales at 136 closing stores underway with discounts up to 40% off UPDATED: J.C. Penney updated its closings list again Wednesday and now has 136 locations listed. The story originally noted liquidation sales would start at 137 stores. Going-out-of-business sales at 136 closing J.C. Penney stores begin Wednesday, the department store chain [...]
The Retail Liquidations—Neiman’s, J.Crew, Pier 1, More—Are About To Start Flowing
The Retail Liquidations—Neiman’s, J.Crew, Pier 1, More—Are About To Start Flowing By Warren Shoulberg Senior Contributor Maybe liquidation-a-go-go is too flippant for such a tragedy. But it does fit.As the number of retail bankruptcies start to pile up from companies whose final destruction was caused by the coronavirus pandemic, we are about to see a massive [...]
Tiger Group to Auction Professional AV Gear from Camera Division, Cinema Verde
Tiger Group to Auction Professional AV Gear from Camera Division, Cinema Verde Surplus professional AV production gear from equipment rental and production houses The Camera Division and Cinema Verde Productions are hitting the block on June 16 in a combined online-only auction conducted by Tiger Group. The sale will feature cameras, lighting, heads, matte boxes, [...]
Tiger Liquidity Services Warns of Risks of Excess Assets in Biopharma Sector
Tiger Liquidity Services Warns of Risks of Excess Assets in Biopharma Sector Analysis by Tiger Liquidity Services Biopharma Partnership underscores the strategic value to hedge funds, private equity firms, asset-based lenders, and bankruptcy professionals of leveraging asset-valuation and disposition in the biopharma/pharmaceutical space Tiger Liquidity Services Biopharma Partnership has issued a primer on how investors [...]
Tiger Group Selling Surplus Equipment from Ongoing Operations of Leading CBD and Cannabis Manufacturer
Tiger Group Selling Surplus Equipment from Ongoing Operations of Leading CBD and Cannabis Manufacturer Sale features late-model M&E for use in cannabis, biopharma and other industries from facilities in Arizona, Florida and Nevada. Tiger Group is now liquidating well-maintained, late-model machinery and equipment surplus to the ongoing operations of a leading dispenser and manufacturer of [...]
Assets from former ECS Refining plant in California up for bid
Assets from former ECS Refining plant in California up for bid Buyers can acquire processing equipment from ECS’ former Stockton, California, plant turnkey or piecemeal. Tiger Group, headquartered in New York, in partnership with Aaron Equipment, Rosen Systems and Perry Videx, says it is accepting bids for ECS Refining’s former recycling plant on South Sinclair Avenue [...]
In a Pandemic, Food, Booze and Guns Retain Value Best
In a Pandemic, Food, Booze and Guns Retain Value Best Apparel, accessories and footwear are riskier assets to finance, liquidation firm Tiger Capital Group finds By Aisha Al-Muslim Updated May 6, 2020 8:03 am ET Loans backed by food, alcohol and guns are holding up better than debt tied to other merchandise as shoppers increasingly turn [...]
Tiger Group Attained New Highs in Numbers of Bidders for March Online Auctions of Professional A/V Equipment
Tiger Group Attained New Highs in Numbers of Bidders for March Online Auctions of Professional A/V Equipment LOS ANGELES (5/4/20) –Indicative of how online auctions can be an effective and safe way to market select commercial and industrial assets during the COVID-19 pandemic, Tiger Group reported that it attained new highs in the numbers of [...]
Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19
Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19 NEW YORK, April 22, 2020 /PRNewswire via COMTEX/ — NEW YORK, April 22, 2020 /PRNewswire/ — COVID-19 will cause a huge spike in asset dispositions across multiple sectors once the economic recovery begins, advised Dan Kane, Co-Founder and Managing [...]
Tiger Group Issues Risk Assessment for 29 Consumer Industries Impacted by COVID-19
Tiger Group Issues Risk Assessment for 29 Consumer Industries Impacted by COVID-19 Taking into account the economic impact of the COVID-19 pandemic, Tiger Group’s Valuation Services Division has issued risk assessment guidance for asset-based lenders on a wide range of consumer goods categories. Among the 29 categories analyzed in a study posted on the asset [...]
A Tsunami of Bankruptcies are About to Wash Away America’s Retail Sector
A Tsunami of Bankruptcies are About to Wash Away America’s Retail Sector As the coronavirus pandemic keeps America’s retail stores closed, Michael McGrail is gearing up for what is shaping up to be a busy summer of running going out of business sales at some very prominent chains. “Some companies are just not going to [...]
Modell’s Files For Bankruptcy, Tiger To Liquidate
Modell’s Files For Bankruptcy, Plans To Liquidate Modell’s Sporting Goods filed for Chapter 11 bankruptcy protection in New Jersey. The family-owned retail chain will begin liquidation sales in all stores and plans to continue its online sales during the process. Fourth-generation Owner Mitchell Modell had tried to line up support with its stakeholders to keep [...]
Tiger Group Auctions Pro-Grade Audiovisual Gear From Prominent Production Supplier
Tiger Group Auctions Pro-Grade Audiovisual Gear From Prominent Production Supplier Tiger Group on March 17 will hold an online-only auction of pro-grade audiovisual gear from a major production supplier known for its support of award-winning work on major television and film productions. Manufactured by the likes of Arri Alexa, Black Magic, O’Connor, Panasonic, RED, Sachtler [...]
Go Global Retail completes acquisition of ModCloth
Brand-investment platform Go Global Retail has completed its purchase of digitally native fashion retailer, Modcloth, from Walmart. Go Global officially closed on the deal for the online women’s retailer — which carries a range of women’s indie and vintage clothing, shoes, handbags and accessories — on January 27, after receiving financing from Tiger Capital Group. [...]
Tiger Group Sets 2019 Sales Record for Pro-Grade AV Gear
Company’s LA-based audiovisual vertical posts a 50 percent increase in total dollar volume for auctions, liquidations and turnkey sales in 2019; buyers and bidders increase by 40 percent. LOS ANGELES, Feb. 18, 2020 /PRNewswire/ — The audiovisual vertical within Tiger Group‘s Commercial & Industrial Division posted record sales of excess and underutilized AV equipment in 2019, [...]
Tiger Group, Others to Auction Plastic Sheet Extrusion and Thermoforming Plant Assets
SAN BERNARDINO, Calif., Jan. 23, 2020 /PRNewswire/ — Tiger Group, in cooperation with Aaron Equipment, GA Global Partners and Perry Videx, is now accepting bids for a live online webcast auction on February 6 of thermoforming and plastic sheet extrusion lines, grinders and shredders, as well as printing presses, a machine shop, material handling and other equipment from a [...]
Barneys store liquidation sales to begin as soon as bankruptcy deal closes, private sales start next week
Barneys store liquidation sales to begin as soon as bankruptcy deal closes, private sales start next week PUBLISHED FRI, NOV 1 20194:31 PM EDTUPDATED FRI, NOV 1 20196:57 PM EDT Elly Cosgrove@ELLYCOSGROVE Store liquidation sales at Barneys New York will begin soon, according to a release issued Friday. Private sales will begin next week [...]
Surplus Keslow Cinematography Gear Up For Auction
Surplus Keslow Cinematography Gear Up For Auction — Tiger Group, Hilco Industrial selling excess cameras, lenses, other equipment in a live/online auction webcast as cinematography equipment rental company continues to trim inventories following acquisition LOS ANGELES, Oct. 14, 2019 /CNW/ — Tiger Group, in cooperation with Hilco Industrial, is holding a live/online auction webcast this month for high-quality, surplus [...]
Tiger Group Sells Stake in BikeCo, LLC to Advanced Holdings Co., Leaving Recapitalized Wholesale Distributor Positioned for Growth
Tiger Group Sells Stake in BikeCo, LLC to Advanced Holdings Co., Leaving Recapitalized Wholesale Distributor Positioned for Growth PHILADELPHIA, Oct. 2, 2019 /PRNewswire/ — Less than a year after co-leading the acquisition of the wholesale bicycle operations of Advanced Sports Enterprises (ASE) in bankruptcy court, Tiger Capital Group has sold its stake in the newly formed [...]
More Than 1,500 Well-Maintained Cranes, Lifts, Telehandlers, Excavators and Other Assets from Aerial Access Equipment are Available for Immediate Purchase
More Than 1,500 Well-Maintained Cranes, Lifts, Telehandlers, Excavators and Other Assets from Aerial Access Equipment are Available for Immediate Purchase BATON ROUGE, La., Sept. 12, 2019 /PRNewswire/ — As part of the wind-down of the largest independent regional equipment rental fleet on the Gulf Coast, Tiger Group is accepting offers for construction rental equipment assets owned by Aerial [...]
Well-Maintained Electrical Contracting Service Equipment, Vehicles, Tools and Other Assets Up for Bid at Bankruptcy Auction
Well-Maintained Electrical Contracting Service Equipment, Vehicles, Tools and Other Assets Up for Bid at Bankruptcy Auction ST. PAUL, Minn., Sept. 11, 2019 /PRNewswire/ — By order of the U.S. Bankruptcy Court, District of Minnesota, Tiger Group, in cooperation with Loeb Winternitz, will conduct an online-only offering for well-maintained trencher/cable plows, hydraulic mini excavators, service trucks and other vehicles, [...]
Assets of Late-Model Screen Printing Operation Offered For Sale
Assets of Late-Model Screen Printing Operation Offered For Sale KERNERSVILLE, N.C. — August 7, 2019 — Tiger Group will be conducting an online auction on August 20 of assets from a pristine, late-model screen printing operation owned by Castle Shirt Co., which is relocating from Kernersville. Assets on the block include M&R screen printing machines, [...]
Liquidation Sale Set for Surplus Keslow Cinematography Assets
Liquidation Sale Set for Surplus Keslow Cinematography Assets LOS ANGELES, June 26, 2019 /PRNewswire/ — Tiger Group and Hilco Industrial are liquidating high-quality, surplus cinematography rental gear excess to the ongoing operations of Keslow Camera, North America’s largest motion picture camera equipment rental house. The offering is designed to reduce inventory redundancies that followed Keslow’s August 2017acquisition [...]
Assets Of Canadian Textile Dyeing, Finishing Plant And Quilting Facility Operated By Doubletex Inc. Up For Bid At Auction
Assets Of Canadian Textile Dyeing, Finishing Plant And Quilting Facility Operated By Doubletex Inc. Up For Bid At Auction MONTREAL — June 25, 2019 — Tiger Group and International Textile Machinery Sales will begin accepting offers on July 10 for an online auction of a complete dyeing, finishing and quilting facility operated by Doubletex, a [...]
Tiger Group Selected by Wide Range of AV Rental Firms to Manage, Sell Surplus Gear
Tiger Group Selected by Wide Range of AV Rental Firms to Manage, Sell Surplus Gear When leading AV companies — including PRG/VER, Keslow Camera, Illumination Dynamics, and Birns & Sawyer — choose to trim their surplus inventory and raise additional capital for inventory refreshment, they often turn to Tiger Group to execute auctions, liquidations, turnkey [...]
Cineworks Rental Inventory Going Up for Auction in June
Cineworks Rental Inventory Going Up for Auction in June With the retirement of owner Deborah Maxwell, the complete inventory of North Hollywood rental company Cineworks is going up for auction next month, according to Tiger Group, which will manage the auction. Inventory that will be sold off include a large assortment of HMI and tungsten [...]
Metropolitan Furniture closing last Houston store
Metropolitan Furniture closing last Houston store E-commerce disruption, national competitors played into retreat By Clint Engel HOUSTON — Metropolitan Furniture here is closing its flagship and only remaining store here after 73 years in business. The family-owned retailer, founded by brothers Harry, Sammy and Hymie Abramson in 1946, hired Tiger Capital Group to run the [...]
Complete Biofuel Technology Operation in Texas Up for Turnkey Sale or Piecemeal Bids at Auction
Complete Biofuel Technology Operation in Texas Up for Turnkey Sale or Piecemeal Bids at Auction PASADENA, Texas, April 25, 2019 /PRNewswire/ — Tiger Group and Federal Equipment Co. will conduct an online auction of the complete assets formerly owned by biofuel technology company Inaeris Technologies on May 9. The professionally maintained assets include main, demonstration and pilot plants, [...]
Late-Model Truck And Trailer Fleet Up For Auction In Canada
Late-Model Truck And Trailer Fleet Up For Auction In Canada Tiger Group, Liquidity Services to sell 160 units of truck tractors, refrigerated and dry trailers, and other rolling stock formerly owned by Terra Nova Transport in an online auction on www.Go-Dove.com BOUCHERVILLE, Quebec, April 23, 2019 /CNW/ — By order of the Quebec Superior Court, Tiger [...]
Tiger Group, Federal Equipment to sell complete assets formerly owned by Inaeris Technologies, including labs, plants, IP, R&D in May 9 online auction
Tiger Group, Federal Equipment to sell complete assets formerly owned by Inaeris Technologies, including labs, plants, IP, R&D in May 9 online auction PASADENA, Texas, April 25, 2019 /PRNewswire/ — Tiger Group and Federal Equipment Co. will conduct an online auction of the complete assets formerly owned by biofuel technology company Inaeris Technologies on May 9. The professionally [...]
Liquidation 101: Sorting Fact from Fiction
Liquidation 101: Sorting Fact from Fiction When asked what I do for a living, I usually explain that I started as a bankruptcy and corporate attorney and now work as an asset-disposition executive for a global firm called Tiger Capital Group. If the inquiry comes from a financial-sector professional, I’ll get a quick nod of [...]
U.S. Retail Stores’ Planned Closings Already Exceed 2018 Total
U.S. Retail Stores’ Planned Closings Already Exceed 2018 Total By Sapna Maheshwari As an executive vice president at Great American Group, a firm that helps liquidate the merchandise, clothing racks and mannequins at stores that are closing, Ryan Mulcunry has been watching booms and busts in the retail industry for almost two decades. Companies like his [...]
Tiger Capital Group Promotes Eight Executives to Managing Director
Tiger Capital Group Promotes Eight Executives to Managing Director Those named managing director are: Bruce Armbruster, director of marketing; Andy Babcock, director of Capital Solutions; John Cronin, director of Planning and Analysis; Ryan Davis, director of Appraisals; Arnold L. Jacobs, director, Field Operations & Merchandising; Ana Leon, director of Operations; Fred Raccosta, director of business [...]
High-Quality, Professionally Maintained Event Projectors and Lenses Available in Major Liquidation Sale
Tiger Group selling excess equipment from entertainment and event production technology leaders PRG and VER LOS ANGELES, Feb. 28, 2019 /PRNewswire/ — Convention centers, theaters, religious organizations, nightclub owners, and others can snatch up pro-level projection equipment at a steep discount when Tiger Group liquidates high-quality projectors and lenses from PRG, the global leader in production services [...]
How Debt Plays an Outsized Role in Retail Bankruptcies
Retail and the Debt ‘Tipping Point’ The unsettling headlines in retail just keep on coming. One of the latest going-out-of-business events—the closing of Payless ShoeSource’s North American operations—stands as the largest liquidation by store count in U.S. history. My firm, Tiger Capital Group, along with joint venture partner Great American Group, began liquidating $1 billion [...]
Store Closing Sale To Begin At The Dump In Turnersville, NJ
The Dump consolidating Philly footprint Will close one store and launch a new high-end concept in the other Clint Engel, February 28, 2019 PHILADELPHIA — The Dump, part of Top 100 Haynes Furniture, is liquidating one Philadelphia market store and selling off inventory at the other with plans to introduce a new concept in a [...]
Payless ShoesSource Conducting Store Closing Sales At All Stores In The United States And Canada
Payless ShoesSource Conducting Store Closing Sales At All Stores In The United States And Canada Great American Group and Tiger Capital Group Liquidating $1 Billion of Inventory; Initial Discounts of Up to 40 Percent Off TOPEKA, KS (2/25/2019) —Payless ShoeSource is now holding store closing sales at all retail locations in North America. This is [...]
Tiger Group to Sell Assets Formerly Owned by Zacky Farms in Two Auctions
Tiger Group to Sell Assets Formerly Owned by Zacky Farms in Two Auctions Pursuant to a UCC foreclosure process, Tiger Group in cooperation with Barliant Auctions, is now accepting bids for a live online auction on March 5 for more than 200 units of well-maintained — as new as 2016 — rolling stock and farm [...]
Tiger Group Wins Bid To Buy ASE Assets
New owners say they are committed to running ASI wholesale business by Stephen Frothingham PHILADELPHIA (BRAIN) — Part of the group that has agreed to purchase the assets of Advanced Sports Enterprises said Tuesday that they are committed to operating ASE’s wholesale business, Advanced Sports Inc., and will continue selling ASI’s brands including Fuji, Kestrel, [...]
Tiger Capital Group to Liquidate 798 Gymboree and Crazy 8 Stores across the U.S. and Canada
Great American Group, Tiger Capital Group, Hilco Merchant Resources, and Gordon Brothers to Immediately Liquidate All Merchandise in 798 Stores across the U.S. and Canada LOS ANGELES, Jan. 18, 2019 (GLOBE NEWSWIRE) — Store closing sales will begin today at 798 Gymboree and Crazy 8 locations throughout the United States and Canada. The closing sales [...]
Assets of Texas electronics recycling facility up for bid
January 10, 2019 Edited by Kelly Maile Electronics recycling, sorting lines and material handling equipment for sale in Jan. 24 online auction. Bids are now being accepted for a live online auction Jan. 24 of well-maintained electronics recycling, glass sorting, crush and CRT separation and sorting lines; as well as warehouse, material handling and other [...]
Tiger Group Executive Managing Director Elected to Greenway Conservancy Board
Four New Members Elected to Greenway Conservancy Board The Rose Kennedy Greenway Conservancy, the non-profit responsible for management and care of the Greenway, has announced four new members will join its Board of Directors beginning January 1, 2019. North End resident Carmine Guarino was nominated by the North End Waterfront Neighborhood Council (NEWNC). Guarino will [...]
Tiger Group Selling Excess Filmmaking Equipment from Illumination Dynamics
Tiger Group Selling Excess Filmmaking Equipment from Illumination Dynamics Tiger Group is liquidating high-quality studio and automated stage lighting surplus to the ongoing operations of Illumination Dynamics, valued at more than $5 million. This is a unique offering of professionally maintained and serviced equipment. According to the Company’s Website, Illumination Dynamics (ID) is a full-service [...]
Tiger Group, Liquidity Services Partner to Focus on Distressed Assets in Biopharma
Tiger Group, Liquidity Services Partner to Focus on Distressed Assets in Biopharma Tiger Group and Liquidity Services, Inc. announced the launch of a partnership focused on rapid, efficient and high-recovery disposition of assets from distressed organizations in the biopharmaceutical manufacturing industry. Tiger Liquidity Services Biopharma Partners is comprised of two companies with substantial capital resources [...]
Tiger Capital Group – Diversifying to Meet Evolving Market Demands
Tiger Capital Group – Diversifying to Meet Evolving Market Demands Over the past several years, Tiger Capital Group has been a partner in some of the most high-profile retail liquidations and store closing sales – everything from the recent Toys ‘R’ Us and Bon-Ton GOBs to Sears Canada, Gymboree, Gander Mountain, HH Gregg, Bebe, PayLess [...]
Lenders Can Find Additional Capacity by Tapping The Collateral Value of Brands and IP, Tiger Group Exec Tells CFA
Lenders Can Find Additional Capacity by Tapping The Collateral Value of Brands and IP, Tiger Group Exec Tells CFA WASHINGTON, Nov. 5, 2018 /PRNewswire/ — Tapping new sources of collateral is the key to gaining an edge in today’s hypercompetitive asset-based lending sector, noted Bradley W. Snyder, Executive Managing Director of Tiger Group, during a [...]
Regional home-improvement/furnishings chain liquidating
Regional home-improvement/furnishings chain liquidating Home Owners Bargain Outlet is going out of business. The chain, which filed for Chapter 11 bankruptcy protection on October 26, 2018, is closing its seven stores (five in the Chicago area and two in Wisconsin). Joint venture partners Tiger Group, Great American Group (a subsidiary of B. Riley Financial) and [...]
Tiger Group to Host Auction for Legendary Camera Rental Firm, Birns & Sawyer
Tiger Group to Host Auction for Legendary Camera Rental Firm, Birns & Sawyer Tiger Group is currently accepting offers for a sealed-bid offering of the iconic TV and film production equipment rental and sales house Birns & Sawyer following the retirement of the business’ owner. All assets are being offered as a turnkey opportunity, with [...]
Late-Model Tractor Truck and Tank Trailer Fleet Up For Sale
Late-Model Tractor Truck and Tank Trailer Fleet Up For Sale Tiger Group to sell over 30 oilfield tractor trucks, crude oil tankers formerly owned by S&S Heavy Haul in September 25 online auction IDAHO FALLS, Idaho, Sept. 18, 2018 /PRNewswire/ — By order of the U.S. Bankruptcy Court, Tiger Group in cooperation with Liquidity Services is [...]
Trends in Major Retail Liquidations: Potential Unintended Consequences
Trends in Major Retail Liquidations: Potential Unintended Consequences By: Jack Rapp Date: Sep 06, 2018 @ 07:00 AM The Toys ‘R’ Us liquidation conducted this year was remarkable for its scale. It involved more than 800 stores and hinged on the combined efforts of Tiger Capital Group, Great American Group, Hilco Merchant Resources and Gordon [...]
Tiger Capital joins Norwegian group, invests in Permian pumper
Tiger Capital joins Norwegian group, invests in Permian pumper Through a $5 million capital infusion, Norwegian private equity firm Norse Partners and the founders of Commander oilfield services will grow again. Tiger Capital Group, based in Houston, is providing the Permian-focused pressure pumper with money to acquire additional assets. The funds will be used to [...]
Tiger Capital Group Provides Capital Infusion to Commander Oilfield Services
Tiger Capital Group Provides Capital Infusion to Commander Oilfield Services NEW YORK Aug. 21, 2018 /PRNewswire/ — Tiger Capital Group announced that it has provided Commander Oilfield Services, LLC (“Commander”) with a $5 million capital infusion that allows the company to add premium assets and expand its service lines to meet strong customer demand in the [...]
Complete Brewery Operation Up For Turnkey Sale or Piecemeal Bids
TIGER GROUP, SCHNEIDER INDUSTRIES TO SELL COMPLETE BREWERY ASSETS OF OLDE SARATOGA BREWING, INCLUDING PRISTINE BREW HOUSE AND BOTTLING LINE, IN AUGUST 28 ONLINE AUCTION SARATOGA SPRINGS, N.Y., Aug. 14, 2018 /PRNewswire/ — Tiger Group and Schneider Industries, Inc. will conduct a live online auction of the complete brewing operations of Olde Saratoga Brewing on August 28. [...]
Tiger Capital Group Provides Operating Capital to Epoca International
Tiger Capital Group Provides Operating Capital to Epoca International BOSTON, Aug. 13, 2018 /PRNewswire/ — Tiger Capital Group announced that it has provided $5 million in special project financing to the sole license holder of Walmart’s rapidly growing Tasty Housewares product lines, including its highly popular Tasty Cookware. The capital infusion enables Boca Raton, Fla.-based Epoca International, [...]
Final Offering of Surplus Cinematography Assets From Keslow and Clairmont Camera Up for Bid
Tiger Group, Hilco Industrial to sell excess cameras, lenses, other equipment from major motion picture camera equipment rental companies in August 14 online auction LOS ANGELES, Aug. 2, 2018 /PRNewswire/ — In the wake of inventory redundancies that followed Keslow Camera’s August 2017 acquisition of Clairmont Camera, Tiger Group and Hilco Industrial will conduct a [...]
Online Auction of High-End Motion Picture Camera Equipment Formerly Owned by Clairmont Camera Ends May 22nd
Online Auction of High-End Motion Picture Camera Equipment Formerly Owned by Clairmont Camera Ends May 22nd NORTHBROOK, Ill., May 18, 2018 – The August 2017 acquisition of Clairmont Camera by Keslow created a number of inventory redundancies which resulted in the need for the valuable asset sale. Both Hilco Industrial and Tiger Group are conducting the [...]
Tiger Group, Loeb Winternitz Accepting Bids for Fremont Plastic Asset Sale
Tiger Group, Loeb Winternitz Accepting Bids for Fremont Plastic Asset Sale As part of the orderly wind-down of Fremont Plastic Products Inc., Tiger Group, Loeb Winternitz LLC, and Arlington Plastics Machinery, Inc. are now accepting offers for well-maintained assets of the subsidiary of The Plastics Group, a blow molding company that had operated locations in [...]
Tiger Group to Conduct Online Auction of Screen Printing Equipment
Tiger Group to Conduct Online Auction of Screen Printing Equipment BREA, Calif., May 9, 2018 —Tiger Group will conduct an online auction on May 17 for regularly maintained screen printing machines, flash cure units and dryers, plant support, material handling and other equipment no longer needed for the continuing operations of a major screen printing facility [...]
A&G Realty Partners to Manage Sale of 230 Bon-Ton Stores
A&G Realty Partners to Manage Sale of 230 Bon-Ton Stores MELVILLE, N.Y., May 8, 2018 —A&G Realty Partners has been retained to dispose all of the real estate assets of The Bon-Ton Stores, Inc., on behalf of a joint venture between Great American Group, LLC (a subsidiary of B. Riley Financial, Inc.), Tiger Capital Group, LLC and Bon-Ton’s [...]
Court Approves 363 Sale of The Bon-Ton Stores to Second-Lien Group, Tiger Capital, Great American
Court Approves 363 Sale of The Bon-Ton Stores to Second-Lien Group, Tiger Capital, Great American MILWAUKEE, April 18, 2018 — The Bon-Ton Stores, Inc. announced that the U.S. Bankruptcy Court for the District of Delaware has approved an asset purchase agreement between the Company and a joint venture composed of the holders of the Company’s [...]
Toys ‘R’ Us Winds Down U.S. Business, Will Liquidate 735 Stores
Toys “R” Us Winds Down U.S. Business, Will Liquidate 735 Stores Boston, March 15, 2018 — Toys “R” Us filed a motion seeking bankruptcy court approval to begin the process of conducting an orderly wind-down of its U.S. business and liquidation of inventory in all 735 of the company’s U.S. stores, including stores in Puerto Rico. Toys [...]
Online Auction Set for Mobile Production Units From LMG
Online Auction Set for Mobile Production Units From LMG LOS ANGELES, April 3, 2018 /PRNewswire/ — Tiger Group is currently accepting bids for the sale of fully equipped mobile mid-size production trucks from industry leader Live Mobile Group (LMG). The professionally maintained equipment is located at four sites in California, Louisiana, New Jersey and Ohio. [...]
Tiger Group, New Mill, Federal Equipment to Host Asset Auction for HRD-Marcus Oil
Tiger Group, New Mill, Federal Equipment to Host Asset Auction for HRD-Marcus Oil Tiger Group, New Mill Capital and Federal Equipment will conduct an online auction on April 5 of the assets formerly owned by HRD-Marcus Oil. The offering for the polyethylene wax plant’s expansive, well-maintained assets includes production, process, lab and packaging equipment; cooling [...]
Tiger Group Expert: Retail’s Downward Slide to Continue in 2018
Tiger Group Expert: Retail’s Downward Slide to Continue in 2018 NEW YORK, Feb. 28, 2018 /PRNewswire/ — Retailer bankruptcy filings in 2017 approached numbers not seen since the Great Recession—a trend that will continue for the rest of this year and likely into 2019 as well, writes Michael McGrail, Chief Operating Officer of Tiger Group, in [...]
Online Auction Set For Assets of Tribogenics
Online Auction Set For Assets of Tribogenics Tiger Group selling laboratory and manufacturing equipment, machine shop, inventory, office furniture and equipment, and other assets of X-Ray materials analysis company via online auction on March 6 Feb 20, 2018, 8:35am EST LOS ANGELES, Feb. 20, 2018 /PRNewswire/ — By order of the assignee for the benefit of [...]
Tiger Group Appoints Managing Director of Newly-Formed Receivables Division
Tiger Group Appoints Managing Director of Newly-Formed Receivables Division Bruce Passen, a 40-year veteran of the debt purchasing field and former principal of Bikaver Group and CEO of Hilco Receivables, has joined Tiger Group as Managing Director of the company’s newly-formed Tiger Receivables division. Based in Chicago, Passen will direct all account receivables (A/R) purchase [...]
Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List
Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List Toys “R” Us will soon be hosting going-out-of-business sales at over 150 of its stores across the country. The chain’s CEO David Brandon announced on Tuesday that the toy retailer would be closing a number of its stores [...]
Tiger Group Appoints Managing Director of Newly-Formed Receivables Division
Tiger Group Appoints Managing Director of Newly-Formed Receivables Division Bruce Passen, a 40-year veteran of the debt purchasing field and former principal of Bikaver Group and CEO of Hilco Receivables, has joined Tiger Group as Managing Director of the company’s newly-formed Tiger Receivables division. Based in Chicago, Passen will direct all account receivables (A/R) purchase [...]
Tiger Group Appoints Chad Farrell, Managing Director in Commercial & Industrial Division
Tiger Group Appoints Chad Farrell, Managing Director in Commercial & Industrial Division Tiger Group, a provider of asset valuation, advisory and disposition services, announced that Chad Farrell has joined the firm’s Commercial & Industrial Division as Managing Director. Farrell brings to Tiger deep experience in the disposition, valuation, and auction of machinery, equipment, inventory, and [...]
Houston-based construction equipment rental company liquidating
Houston-based construction equipment rental company liquidating Houston-based Prime Equip Solutions, a construction equipment rental company that changed hands twice since 2012, is liquidating its assets. Tiger Group is handling the asset sales in cooperation with Liquidity Services, according to a Jan. 30 press release. The assets include late-model telescopic and articulated boom lifts, excavators, wheel [...]
Assets of The Carlson Co. Inc. Up For Auction
Assets of The Carlson Co. Inc. Up For Auction Tiger Group and New Mill Capital have announced they will conduct an online auction Feb. 7 to sell all assets from retail fixture manufacturer The Carlson Co. Inc. For more than 30 years, Madison, Wis.-based The Carlson Co. Inc. manufactured fixtures and cabinetry for some of [...]
Tiger Group Names Tepper Business Development Officer
Tiger Group Names Tepper Business Development Officer David L. Tepper, a 25-year veteran of the valuation, banking and financial management industries, has joined Tiger Group as Business Development Officer for the Western U.S. From his base in the asset valuation, advisory and disposition services firm’s Los Angeles office, Tepper will initially work alongside longtime Director [...]
Calypso St. Barth to Liquidate All Inventory Nationwide After Filing for Bankruptcy
Calypso St. Barth to Liquidate All Inventory Nationwide After Filing for Bankruptcy Calypso St. Barth, which filed for Chapter 7 bankruptcy on November 29, is having a liquidation sale to unload its product. Resort wear, home goods, and more are being offered at 25% to 50% off retail. The goods will come from 25 of [...]
Tiger Group to Auction Equipment from Classic Hollywood Camera Rental Firm
Tiger Group to Auction Equipment from Classic Hollywood Camera Rental Firm A thick slice of Hollywood—from classic movie memorabilia to state-of-the art AV equipment—will be up for sale when Tiger Group conducts an online-only offering of professionally maintained cameras, lenses, electronics, accessories, movie memorabilia and other assets no longer needed for the continuing operations of [...]
Sears Canada Stores are Closing! Liquidation Sale Begins Thursday, October 19
Sears Canada Wins Court Approval to Liquidate Remaining Stores Hilco Global, Gordon Brothers, Tiger Capital Group and Great American Group to Liquidate All Inventory at Closing Canadian Sears Department Stores and Home Stores TORONTO, Oct. 19, 2017 /CNW/ – Sears Canada Inc. (“Sears Canada” or the “Company”) announced today that a joint venture (“JV”) group [...]
Sears Canada Wins Court Approval to Liquidate Remaining Stores
Sears Canada Wins Court Approval to Liquidate Remaining Stores Sears Canada Inc. received court approval to begin liquidating its stores as the insolvent retailer moves to wind up 65 years of business after failing to adapt to changing consumer tastes. The Toronto-based chain’s plan to begin selling off its inventory on Oct. 19 was approved [...]
Following plant closure, PendaForm to sell equipment in online auction
Following plant closure, PendaForm to sell equipment in online auction Thermoformer PendaForm Co. is selling plastics extrusion and thermoforming equipment, among other assets, in an online auction following the closure of its facility in Bluffton, Ind., earlier this year. PendaForm, a maker of thermoformed plastic truck bed liners and other accessories for aftermarket customers and [...]
Late-Model Assets of Screen Printing and Embroidery Facility Offered for Sale
Late-Model Assets of Screen Printing and Embroidery Facility Offered for Sale APPLETON, Wis., Sept. 26, 2017 /PRNewswire/ — Tiger Group, in cooperation with Liquidity Services and Seritech Inc., is currently accepting bids for the sale of pristine, late-model screen printing and embroidery machines, flash cure units and dryers, plant support and other assets in Appleton, as [...]
Machinery & Equipment, Other Assets of Automotive Supplier S&S Precision to be Sold in Online Auction
Machinery & Equipment, Other Assets of Automotive Supplier S&S Precision to be Sold in Online Auction Tiger Group will conduct an online-only offering of buildings, CNC machining equipment, screw machines, drill presses, grinders, tools, plant support, and other assets of S&S Screw Machine Co. LLC (doing business as S&S Precision), a machining, fabrication, and coating [...]
Tiger Group Accepting Bids for Turnkey Sale of California Aerospace Firm Inc.
Tiger Group Accepting Bids for Turnkey Sale of California Aerospace Firm By order of the assignee for the benefit of creditors, Tiger Group, in cooperation with Cloud Investment Partners, is conducting a sealed bid offering for the turnkey sale of the assets of Pacific Aerospace Resources & Technologies LLC (PART). The offering of the maintenance, [...]
Assets of Pacific Aerospace Resources & Technologies LLC Offered in Sealed Bid Turnkey Sale
Assets of Pacific Aerospace Resources & Technologies LLC Offered in Sealed Bid Turnkey Sale Calif. MRO facility being sold by Tiger Group and Cloud Investment Partners VICTORVILLE, Calif., Aug. 24, 2017 /PRNewswire/ — By order of the assignee for the benefit of creditors, Tiger Group, in cooperation with Cloud Investment Partners, is conducting a sealed bid [...]
Tiger Group, Auction Management Corp. to Host Turnkey Sale for Confirmatrix Laboratory Inc.
Tiger Group, Auction Management Corp. to Host Turnkey Sale for Confirmatrix Laboratory Inc. By order of the U.S. Bankruptcy Court, Tiger Group, in cooperation with Auction Management Corp., is conducting a sealed bid offering for the turnkey sale of the late-model facility, real property and other assets of Confirmatrix Laboratory Inc., a fully operational independent [...]
TIger Group – Raising the Bar on Accuracy In a Risk-Laden Environment
> TIGER GROUP Raising the Bar on Accuracy In a Risk-Laden Environment The Tiger Never Sleeps: As Retail Distress Continues, Tiger Group Provides More Sophisticated Services BY NADINE BONNER The liquidation business has made great strides since Tiger Group opened its doors in 2001. ABF Journal editor Nadine Bonner speaks with Tiger Co-Founder Dan Kane [...]
Jeremy Halford Joins Tiger Group as Managing Director of Commercial & Industrial Division
Jeremy Halford Joins Tiger Group as Managing Director of Commercial & Industrial Division LOS ANGELES, July 26, 2017 /PRNewswire/ — Jeremy R. Halford, a veteran of the international banking and insolvency industries, has joined Tiger Group as Managing Director of the asset valuation, advisory and disposition services firm’s Commercial & Industrial Division. Halford comes to [...]
Sears Canada Liquidation Sales Begin At 54 Locations Nationwide
Sears Canada Liquidation Sales Begin At 54 Locations Nationwide TORONTO — The liquidation sales at 54 Sears Canada Inc. locations began Friday, a process the company hopes will help it emerge from creditor protection later this year. The process includes 20 full-line, 15 Sears Home, 10 Outlet and nine Hometown locations in every province except [...]
Gymboree closing 350 stores
Gymboree closing 350 stores Company says move will help it emerge from bankruptcy Gymboree, the bankrupt children’s clothing retailer, has announced it will close 350 stores following what it calls “a comprehensive evaluation of its retail footprint.” The review was called for under its court-supervised financial restructuring. Company officials say maintaining a smaller number of [...]
Tiger Group Appoints Director of Business Development, Midwest
Tiger Group Appoints Director of Business Development, Midwest Rick L. Barfield, a veteran of the asset-based lending field, has joined Tiger Group as Director of Business Development for the asset valuation, advisory and disposition services firm’s Midwest region. From his base in Chicago, Barfield will lead the Midwest business development efforts for Tiger’s asset appraisal [...]
Tiger Capital Group Appoints New General Counsel
Tiger Capital Group Appoints New General Counsel Mark Naughton has joined Tiger Capital Group as Senior General Counsel. The veteran in-house and outside counsel comes to the New York-headquartered asset valuation, advisory and disposition services firm with over 14 years’ experience in asset disposition projects and 30 years of experience in bankruptcy-related services. He represents [...]
How to Close a Store
How to Close a Store Where the clothing, mannequins, and hangers go when the lights shut off. BY ELIZA BROOKE MAY 18, 2017, 10:17AM EDT “Free hangers,” said the sign in the window of American Apparel on Brooklyn’s Smith Street. The doors were locked and nobody was inside, though a few fluorescent light fixtures glowed [...]
Going- Out- of- Business Sales To Be Held At All Gander Mountain Stores
Going- Out- of- Business Sales To Be Held At All Gander Mountain Liquidation of $800 Million of Outdoor Specialty Merchandise to begin Thursday, May 4th at 126 Locations Across 23 States SAINT PAUL, Minn. (5/4/17) – Inventory liquidation sales will begin on Thursday, May 4, 2017 at all Gander Mountain (GDMIN.UL) store locations – offering [...]
Tiger Group to Host Auction of Film Equipment for Schumacher Camera
Tiger Group to Host Auction of Film Equipment for Schumacher Camera By order of Steven A. Nerger, court-appointed receiver for Schumacher Camera, Tiger Group will conduct an online-only sale on May 25th of hundreds of professionally maintained film production cameras and related equipment from companies like ARRI, Canon, Optex, and Zeiss. This unique opportunity features [...]
Tiger Group, Shaffer & Max Accepting Offers on Well-Maintained Dyeing, Finishing Equipment
Tiger Group, Shaffer & Max Accepting Offers on Well-Maintained Dyeing, Finishing Equipment April 27, 2017, 07:00 AM Tiger Group and Shaffer & Max International are now accepting offers for assets of a well-maintained knit goods dyeing and finishing plant that is no longer needed for the continuing operations of Polartec. Assets from the 600,000-square-foot facility [...]
HHGregg Will Close All 220 of Its Stores After Failing to Find A Buyer
HHGregg Will Close All 220 of Its Stores After Failing to Find A Buyer Phil Wahba – Apr 07, 2017 Another retailer bites the dust. The management of hhgregg said on Friday afternoon that the company was closing all 220 of its stores and going out of business entirely, having failed to find a buyer [...]
Women’s fashion retailer Bebe closing all stores
Women’s Fashion Retailer Bebe Closing All Stores Paul J. Gough, Digital Producer – Pittsburgh Business Times Apr 21, 2017, 12:44pm EDT Add another retailer to the casualty list: Bebe. Bebe Stores Inc., a women’s apparel store, announced plans to shut all 168 of its locations nationwide by the end of May. The announcement, disclosed in [...]
Tiger Capital Group and Great American Group to Liquidate 48 Gordmans Stores
Tiger Capital Group and Great American Group to Liquidate 48 Gordmans Stores LOS ANGELES, April 10, 2017 (GLOBE NEWSWIRE) — Tiger Capital Group, LLC, which provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients, and Great American Group, LLC, a leading provider of advisory and valuation services, [...]
Payless Brings On Liquidators to Begin Store Closing Sales
Payless Brings On Liquidators to Begin Store Closing Sales The struggling retailer will be liquidating nearly 400 stores over the coming weeks as part of its ongoing bankruptcy. By Kali Hays on April 13, 2017 Payless ShoeSource is set to begin the liquidation of almost 400 stores as part of its bankruptcy process. With the [...]
Movie cars and other fun things
Movie cars and other fun things There is an almost-cultlike following of movie-car collecting. If a collector has one, he or she, likely, has two or more and has hopes to bring home another one. Here’s that hopeful opportunity to add a film star to their collection — or for someone to get started. Picture [...]
SMT/PCB Contract Manufacturing Assets to Be Auctioned
SMT/PCB Contract Manufacturing Assets to Be Auctioned CARROLLTON, Texas, April 4, 2017 Due to the winding down of operations, Tiger Group and EquipNet will conduct an online-only sale on April 18th for SMT (surface mount technology) equipment, inventory, plant support and other assets owned by McDonald Technologies, an SMT/ PCB contract manufacturer. The assets include [...]
More than 300 surplus movie, TV vehicles set for online auction
More than 300 surplus movie, TV vehicles set for online auction Even if your personal movie-star career hasn’t taken off, there is a way to own a piece of Hollywood and drive it every day. More than 300 cars, trucks, motorcycles and specialty vehicles that have appeared in movies, TV shows and commercials will be [...]
Imported Steel Impacts Domestic Production
Imported Steel Impacts Domestic Production by MAURA KELLER As one of the most recycled metals on the planet, steel has offered an extremely high recycling rate, which as recently as 2012, stood at 88 percent. However the recycled steel industry has been a cyclical one, with both up and down months, relating to both price [...]
Gander Mountain To Begin Liquidations On 32 Locations
Gander Mountain To Begin Liquidations On 32 Locations Tiger Capital Group and Great American Group have been chosen to assist Gander Mountain in the closure of 32 under-performing locations across the United States. The St. Paul, Minn.-based retailer, which filed for Chapter 11 bankruptcy protection on March 10 in the U.S. Bankruptcy Court for the [...]
Why shoppers can expect Christmas-like deals at their local malls
Why shoppers can expect Christmas-like deals at their local malls By Lisa Fickenscher | The New York Post With spring less than a week away, shoppers may be surprised to find Christmas-like sales at their local malls. At the Marketplace Mall in Rochester, Macy’s was recently advertising Martha Stewart bath towels at just over $5 each for [...]
Late Model Farm, Construction, Other Equipment for Sale
Late Model Farm, Construction, Other Equipment for Sale Tiger Group and Rabin Worldwide to sell equipment formerly owned by Kingman Farms in March 23 live/webcast auction KINGMAN, Ariz., March 13, 2017 /PRNewswire/ — By order of the Bankruptcy Court, Tiger Group, in cooperation with Rabin Worldwide, will conduct a live/webcast auction on March 23 of [...]
Mall-Based Apparel Chain Vanity Shuttering All 137 Stores
Mall-Based Apparel Chain Vanity Shuttering All 137 Stores Chainwide liquidation conducted by Tiger Group gives shoppers big discounts on a wide variety of women’s and juniors’ apparel and accessories. FARGO, ND–(Marketwired – Mar 7, 2017) – Vanity Shop of Grand Forks, Inc., is closing all 137 of its Vanity stores, providing shoppers in 27 states [...]
Post Production Equipment Online Auction March 7th
Post Production Equipment Online Auction March 7th POST-Production Equipment, Computers, Artwork, High-End Collectible Furnishings and other Assets Available in March 7 Online Auction By Noland Anderson LOS ANGELES, Calif. (3/2/17)— Tiger Group will conduct an online-only sale on March 7th for post-production equipment; computers; high-end collectible furnishings and memorabilia no longer needed for the ongoing [...]
For Sports Retailers, Clock Has Run Out
For sports retailers, clock has run out Just one major chain, Dick’s is flourishing as others fall victim to online competition BY NATHAN BOMEY USA TODAY Sporting goods stores are down for the count. The scourge of insolvency is sweeping through the sector as online sellers gain the upper hand over yet another corner of retail [...]
Brand Revival
Brand Revival Investors and entrepreneurs are buying up the intellectual property assets of bankrupt retail brands, with some aiming to resurrect them as web-only retailers. BY MATT LINDNER Associate Editor Half the retailers that file for bankruptcy don’t emerge from it, according to a 2016 study of 30 U.S. retailers by credit rating agency Fitch Ratings [...]
Equipment from Former Flexible Packaging and Printing Plant Hits Auction Block
Equipment from Former Flexible Packaging and Printing Plant Hits Auction Block Tiger Group and New Mill Capital to sell all equipment from global flexible packaging company’s former St. Louis-area plant on March 8th and 9th via online auction; 260,000-square-foot plant on 30 acres also offered for sale or lease. HAZELWOOD, Mo., Feb. 22, 2017 /PRNewswire/ [...]
MC Sports to Liquidate All 66 Stores
MC Sports to Liquidate All 66 Stores Going Out of Business sale by Tiger Group and Great American Group brings discounts on top-name brands to shoppers in Ohio, Michigan, Indiana, Illinois, Iowa, Wisconsin and Missouri. GRAND RAPIDS, Mich. (2/17/17)—MC Sports is closing all 66 of its stores across the Midwest, providing shoppers in seven states [...]
Former Pillsbury Dough Production Plant & Equipment Offered For Sale
Former Pillsbury Dough Production Plant & Equipment Offered For Sale New Mill Capital and Tiger Group to sell all equipment from the former Pillsbury New Albany, Ind. plant on Feb.16 via live webcast auction; the 450,000-sq.-ft. facility is also being offered for sale or lease NEW ALBANY, Ind. (1/25/17)— New Mill Capital and Tiger Group [...]
Tiger Liquidity Services Energy Partners To Sell Selected Assets of Aly Energy Services
Tiger Liquidity Services Energy Partners to conduct online auction for equipment HOUSTON — Tiger Liquidity Services Energy Partners (TLSEP), a strategic alliance between Tiger Group and Liquidity Services, Inc., will conduct an online auction on Dec. 13 for assets that are no longer needed for the continuing operations of Aly Energy Services, Inc., a Houston-based [...]
Tiger Liquidity to Auction Well Testing and Petroleum Production Assets Online
Tiger Liquidity Services Energy Partners (TLSEP), a strategic alliance between Tiger Group and Liquidity Services, Inc., under the direction of court appointed receiver Stapleton Inc., is conducting a major auction of all operational equipment of Pacific Process Systems. The assets are located in strategic basins in Bakersfield, CA; Amity, PA; and Odessa, TX that support [...]
Tiger Capital Group to Auction Assets of ITT Educational Services
Tiger Capital Group to Auction Assets of ITT Educational Services —Well-maintained furniture, fixtures and equipment consolidated from 106 locations to warehouse sites in Florida, Maryland and Oklahoma available in three online auctions By order of the Bankruptcy Trustee of ITT Educational Services, Tiger Capital Group is conducting three online auctions next month for furniture, fixtures [...]
Have No Fear: Why the Rise of Amazon Is Good For the ABL Sector
Have No Fear: Why the Rise of Amazon Is Good For the ABL Sector By Andy Babcock and Ryan Davis The metamorphosis of Amazon from a bookseller to one of the largest retailers on the planet has permanently changed the business landscape. Yet ABL lenders have hesitated to lend against inventory held at Amazon’s warehouses. [...]
General Mills Sells Plant in Indiana to Investor Group
General Mills Sells Plant in Indiana to Investor Group Joint Venture of New Mill Capital Holdings and Tiger Group Purchases 455,000-Square- Foot Facility in New Albany, Indiana NEW ALBANY, Ind. –(11/15/16)–A Joint Venture of New Mill Capital Holdings (www.newmillcapital.com) and Tiger Capital Group, (www.tigergroup.com), both based in New York, has acquired a former dough-products manufacturing [...]
Garden Fresh Restaurant Corp. To Auction Off Select Assets
Garden Fresh Restaurant Corp. To Auction Off Select Assets At the direction of the bankruptcy estate, Tiger Capital Group’s Commercial & Industrial Division will conduct an online auction on October 24 for cooking, food preparation, dining, support and other equipment—some as new as 2016—from 11 restaurant locations owned by Garden Fresh Restaurant Corp. in the [...]
Tiger Capital, New Mill to Repositon Former St. Louis Printpack Plant
Tiger Capital, New Mill to Repositon Former St. Louis Printpack Plant A joint venture of Tiger Capital Group and New Mill Capital Holdings has acquired the former Printpack printing plant in Hazelwood. The New York-based firms are currently exploring options for redeveloping the 30-acre site for new manufacturing or distribution uses, with incentives available to [...]
Store Closing Sales Begin at 59 Golfsmith Locations Nationwide
Store Closing Sales Begin at 59 Golfsmith Locations Nationwide Gordon Brothers, Hilco Merchant Resources and Tiger Capital Group managing complete liquidation of inventory, fixtures and equipment at all closing stores. NORTHBROOK, ILL., Nov. 3, 2016 (GLOBE NEWSWIRE) — Store closing sales have just started at 59 Golfsmith stores throughout the nation. Storewide discounts of up to 30% [...]
Iconic Smith Bros. Store To Liquidate All Inventory In Retirement Sale
Iconic Smith Bros. Store To Liquidate All Inventory In Retirement Sale –Beloved, 38-year-old location to close; once-in-a-lifetime discounts available on horse tack and equipment, boots and apparel, roping and barrel-racing products, horse care supplies and much more. DENTON, Texas (10/13/16)—After 38 years, Smith Bros.—the Western riding retailer beloved by riders, ranchers, ropers, barrel-racers and other [...]
Intermodal Depot Facility’s Assets To Be Auctioned
Intermodal Depot Facility’s Assets To Be Auctioned -Tiger Group to sell forklifts, rolling stock, welders and other assets From Off Dock USA in October18th online sale; bidding opens October 11th CARSON, Calif. (10/10/16)— By order of the secured lender, Tiger Capital Group’s Commercial & Industrial Division will conduct an online auction on October 18 for [...]
A&G Realty Partners and Tiger Capital Group Retained by Bankruptcy Trustee To Manage Sale of ITT Educational Services Assets
A&G Realty Partners and Tiger Capital Group Retained by Bankruptcy Trustee To Manage Sale of ITT Educational Services Assets –30 owned properties and 111 leases; furniture, fixtures and equipment, and certain IP available MELVILLE, N.Y., Oct. 6, 2016 /PRNewswire/ — A&G Realty Partners and Tiger Capital Group have been retained by the Trustee of ITT Educational [...]
In Sporting Goods Retail, There Can Only Be Two
In Sporting Goods Retail, There Can Only Be Two By: Michael McGrail Date: Sep 27, 2016 @ 07:00 AM Filed Under: Retail At first glance, it might seem that national sporting goods chains should have the wind at their backs: U.S. personal income is expected to rise or hold through 2017, and researchers at Morgan Stanley [...]
Heavy Duty Pickups And Trailers, Tools, Telecom Testing Equipment, And Office Furniture Available In Sept. 22 Online Auction
Heavy Duty Pickups And Trailers, Tools, Telecom Testing Equipment, And Office Furniture Available In Sept. 22 Online Auction –Tiger Group selling assets of Marali Telecom Systems, Inc. INDIANAPOLIS, Ind. and HIGHLAND VILLAGE, Texas (9/13/16)— Tiger Capital Group’s Commercial & Industrial division will conduct an online auction on September 20 of assets formerly owned by Marali [...]
Glass Installation Equipment, Inventory, Fleet Vehicles And Real Estate Available In Sept. 20 Online Auction
Glass Installation Equipment, Inventory, Fleet Vehicles And Real Estate Available In Sept. 20 Online Auction –Tiger Group selling assets of bankrupt Banner Glass, Inc. ELLICOTT CITY, Md. and LEESBURG, Va. (9/7/16)— By order of the U.S. Bankruptcy Court, Tiger Capital Group’s Commercial & Industrial division will conduct an online auction on September 20 of glass [...]
More Than $1 Million Of Post-Production Studio Assets Available In August 16 Online Auction
More Than $1 Million Of Post-Production Studio Assets Available In August 16 Online Auction –Tiger Group selling state-of-the-art equipment no longer needed by AMP Editing BURBANK, Calif. (8/1/16)— Tiger Capital Group’s Commercial & Industrial division will conduct an online auction on August 16 for state-of-the-art post-production equipment and other assets –with an acquisition value of [...]
Assets From Electronics Manufacturer Available In August 2nd Auction
See Sale Listing>> Assets From Electronics Manufacturer Available In August 2nd Auction –Tiger Capital Group to offer factory, equipment, inventory and other assets from TS3 Technologies Inc. STAFFORD, Texas (7/28/16)— Due to a wind-down of operations, Tiger Capital Group’s Commercial & Industrial division will conduct an online auction on August 2 for the assets of [...]
Tiger Capital Group, LLC Provides Operating Capital To TTP, LLC
Tiger Capital Group, LLC Provides Operating Capital To TTP, LLC NEW YORK, July 26, 2016 /PRNewswire/ — Tiger Capital Group, LLC today announced an agreement to provide special project financing for a high-volume program focused on refurbishing and reselling all of the display and returned televisions of one of the nation’s largest brick and mortar [...]
Hanging By A Thread: After Years Of Rapid Expansion, The Clothing Retail Market Is Facing A Storm Of Change
HANGING BY A THREAD After Years Of Rapid Expansion, The Clothing Retail Market Is Facing A Storm Of Change Fast fashion retailers are flooding the market with cheap wares, fickle shoppers are holding out for discounts and Amazon.com is ramping up its selection. Traditional retailers from Gap to Ralph Lauren are suffering deep losses and [...]
Assets Of Die Cast And Plastic Mold Making Company Up For Bid
Assets Of Die Cast And Plastic Mold Making Company Up For Bid — Tiger Capital Group to sell late-model assets of Vobeda Machine & Tool Co. in July 26th online auction; bidding for equipment of one-owner CNC shop opens July 19th RACINE, Wisc. (7/6/16)—Following the retirement of Vobeda Machine & Tool Co. Inc.’s owner, Tiger [...]
Assets of Die Cast and Plastic Mold Making Company up for Bid
See Sale Listing>> ASSETS OF DIE CAST AND PLASTIC MOLD MAKING COMPANY UP FOR BID — Tiger Capital Group to sell late-model assets of Vobeda Machine & Tool Co.in July 26th online auction; bidding for equipment of one-owner CNC shop opens July 19th RACINE, Wisc. (7/6/16)—Following the retirement of Vobeda Machine & Tool Co. Inc.’s [...]
Sale Under Way On Well Stimulation Company’s Assets
Sale Under Way On Well Stimulation Company’s Assets — Tiger Liquidity Services Energy Partners and Century Services Corp. selling late-model, low-hour pressure pump and fracking fleet assets formerly owned by Millennium Stimulation Services MEDICINE HAT, ALBERTA, Canada (6/29/16)— Tiger Liquidity Services Energy Partners (TLSEP), in cooperation with Century Services Corp., has been retained by court [...]
Tiger Capital, Others to Conduct Webcast Auction of SABIC’s Assets
See Sale Listing>> Tiger Capital, Others to Conduct Webcast Auction of SABIC’s Assets Tiger Capital Group’s Commercial and Industrial Division, in cooperation with New Mill Capital, Joseph Finn Co., and Federal Equipment, have been retained to conduct a live webcast auction on July 19 of the assets formerly owned by SABIC Innovative Plastics. The polycarbonate [...]
Tiger Capital, PPL to Conduct Auction of Ironman Parts & Services Assets
Tiger Capital, PPL to Conduct Auction of Ironman Parts & Services Assets Tiger Capital Group’s Commercial and Industrial Division and PPL Group LLC have been retained to conduct an online auction of the assets of diesel engine services company Ironman Parts & Services on June 16. The sale includes assets from the recently closed company’s [...]
Sports Authority Bankruptcy Auction Won by Trio of Liquidators
Sports Authority Bankruptcy Auction Won by Trio of Liquidators Tiger Capital, Gordon Brothers and Hilco top rivals for retailer’s assets By Lillian Rizzo Updated May 17, 2016 4:27 p.m. ET A consortium of liquidators that includes Tiger Capital Group, Hilco Global and Gordon Brothers prevailed in an auction for Sports Authority Holdings Inc.’s assets, according [...]
Tiger Capital Group and Great American Group to Support Previously Announced Closure of All 41 Aéropostale Stores in Canada
Tiger Capital Group and Great American Group to Support Previously Announced Closure of All 41 Aéropostale Stores in Canada NEW YORK (5/13/16)– A joint venture between Tiger Capital Group and Great American Group announced today that it has partnered with Aéropostale, Inc., (OTCQX: AROPQ) a mall-based specialty retailer of casual apparel for young women and men, to facilitate [...]
B. Riley Financial’s Great American Group and Tiger Capital Group to Support Previously Announced Closure of 113 Aéropostale Stores Across the U.S.
B. Riley Financial’s Great American Group and Tiger Capital Group to Support Previously Announced Closure of 113 Aéropostale Stores Across the U.S. LOS ANGELES, May 12, 2016 — A joint venture between Tiger Capital Group and Great American Group (GA) announced today that it has partnered with Aéropostale, Inc., (OTCQX: AROPQ) a mall-based specialty retailer [...]
Tiger Group Opens Atlanta Office
Tiger Group Opens Atlanta Office New York-based Tiger Group established a new base of operations in the Southeast earlier this month by relocating Melissa Coopersmith, managing director, from New York to Atlanta’s Buckhead commercial district. Coopersmith will focus on serving the asset-based lending community by providing formal appraisals of consumer goods, commercial and industrial assets [...]
Military Surplus Components Available for Sale over $140 Million in GAC
Military Surplus Components Available for Sale over $140 Million in GAC April 06, 2016 01:57 PM Eastern Daylight Time FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Associated Aircraft Manufacturing & Sales, Inc. (AAMSI) is pleased to announce an auction of items in our inventory to take place at 1201 NW 6th Street, Pompano Beach, FL 33069, on Thursday, May [...]
Dicapua Joins Tiger Valuation Services As Senior Appraiser In Machinery & Equipment Division
Dicapua Joins Tiger Valuation Services As Senior Appraiser In Machinery & Equipment Division NEW YORK, N.Y. (4/27/16) – Continuing to support the expansion of its Machinery and Equipment Group, Tiger Valuation Services, an affiliate of Tiger Capital Group, announced that Joseph DiCapua has joined the company as a Senior Appraiser. DiCapua brings to Tiger over [...]
Live Webcast Auction Set For Assets Of Flexible Packaging, Printing And Converting Plant In Virginia
Live Webcast Auction Set For Assets Of Flexible Packaging, Printing And Converting Plant In Virginia New Mill Capital and Tiger Capital Group to sell facility assets, as well as centrally located 92,000-square- foot building FREDERICKSBURG, Va., April 12, 2016 /PRNewswire/ — New Mill Capital and Tiger Capital Group will conduct a live webcast auction on May [...]
Tiger Group Rebrands Its Fast-Growing Remarketing Division
Tiger Group Rebrands Its Fast-Growing Remarketing Division Tiger Capital Group is rebranding its remarketing services division to better reflect its global role as a broad-based disposition company with particular expertise in monetizing commercial and industrial assets. Formerly known as Tiger Remarketing Services, the newly rebranded Tiger Commercial & Industrial division continues to see surging interest [...]
Assets Of Bankrupt Drilling Supplier Up For Auction
Assets Of Bankrupt Drilling Supplier Up For Auction (3/10/16)— By order of the court appointed receiver, Tiger Liquidity Services Energy Partners will conduct an online auction on March 22 for assets formerly owned by Enseco Services Energy Corp., a Calgary, Canada-headquartered well-production testing company. The auction is the first project for the recently formed partnership [...]
Sports Authority Files for Bankruptcy With Plan to Slim Down
Sports Authority Files for Bankruptcy With Plan to Slim Down Sports Authority Inc. filed for bankruptcy protection with a plan to slim down after missing out on the fitness boom that’s been a rare bright spot in retail. The company said Wednesday that it will close as many as 140 of its 463 stores while trying [...]
Flexible Packaging and Printing Plant in Virginia Sold to Investor Group
Flexible Packaging and Printing Plant in Virginia Sold to Investor Group Joint Venture of New Mill Capital Holdings and Tiger Group Purchases 91,000-Square- Foot Facility from Printpack, Inc. FREDERICKSBURG, Va., Feb. 22, 2016 /PRNewswire/ — A Joint Venture of New Mill Capital Holdings (www.newmillcapital.com) and Tiger Capital Group, (www.tigergroup.com), both based in New York, has acquired [...]
Tiger Capital Group and Liquidity Services launch partnership to assist O&G sector
Tiger Capital Group and Liquidity Services launch partnership to assist O&G sector (2/16/16)—Tiger Capital Group and Liquidity Services (NASDAQ: LQDT) today announced the launch of a partnership geared toward helping insolvency and turnaround professionals ramp up their services to the turbulent oil and gas market, as well as directly assist companies seeking to sell surplus [...]
Seeley Joins Tiger Valuation Services As Director, Machinery & Equipment
Seeley Joins Tiger Valuation Services As Director, Machinery & Equipment NEW YORK, N.Y. (2/2/16) – Bryan Seeley, a 21-year veteran of the industrial asset appraisal field, has joined Tiger Valuation Services, a division of Tiger Capital Group, as Director, Machinery and Equipment. In his new role with the asset valuation, disposition and advisory services firm, [...]
Real Estate & Other Assets from Legendary Audio Recording and Post-Production Studio Available in January 28 Auction
Real Estate & Other Assets from Legendary Audio Recording and Post-Production Studio Available in January 28 Auction Tiger Group and Tranzon Asset Strategies offer assets formerly owned by Saboa Entertainment BURBANK, Calif., Jan. 14, 2016 /PRNewswire/ — A Burbank recording studio with a rich history of serving the music, film and television industries is set to [...]
Tiger Capital Group Relocates Boston Office; Nearly Doubles Space To Accommodate Growth
Tiger Capital Group Relocates Boston Office; Nearly Doubles Space To Accommodate Growth BOSTON, Jan. 12, 2016 /PRNewswire/ — Tiger Capital Group has relocated its Boston office to 60 State Street, nearly doubling the size of its space in the city to accommodate its rapid growth. The New York-headquartered international asset valuation, advisory and disposition firm [...]
Assets of Sustainable Brick Manufacturer to Hit Auction Block
Assets of Sustainable Brick Manufacturer to Hit Auction Block Tiger Group to sell inventory and assets of CalStar’s late-model facility in Columbus, Miss. in January 21st online sale; bidding opens January 14th By order of the secured lender, Tiger Capital Group’s Remarketing Services Division, in cooperation with Silicon Valley Disposition, will conduct an online auction [...]
A&P Ramps Up Closure Process By Rejecting Leases Of 48 Units
A&P Ramps Up Closure Process By Rejecting Leases Of 48 Units With about 90 stores yet unsold, A&P has begun to accelerate its wind down process by rejecting 48 leases and engaged the services of A&G Realty Partners, a Melville, NY-based commercial real estate firm, to act as a third party sales agent. As a part [...]
Inventory From 3 Romano’s Stores Up For Auction
Inventory From 3 Romano’s Stores Up For Auction By Michelle Graff Downey, Calif.–Tiger Capital Group’s Remarketing Services Division is conducting an online auction today (Nov. 17) for the diamond engagement rings, wedding bands and watches that once lined the showcases of three now out-of-business Romano’s Jewelers stores. Bidding is open now and can be done [...]
‘Made For Outlet’ Goods Stir Controversy
‘Made For Outlet’ Goods Stir Controversy Publish Date: September 03, 2015 The early days of outlet shopping were all about disposing of excess merchandise, but demand began to outstrip supply at least a decade ago. Without made-for-outlet merchandise, experts say, the fast-growing industry would have stalled. But the concept is not without its controversy, as [...]
Univita Assets To Be Auctioned To Pay Creditors
Univita Assets To Be Auctioned To Pay Creditors A multimillion-dollar auction will sell off the assets — from forklifts to electric wheelchairs — of Univita Health Holdings, a Miramar-based company that laid off 1,000 workers this summer and then filed for bankruptcy. The telephone auction will be conducted Nov. 11 by Boston’s Tiger Capital Group. [...]
Auction Set For Assets of Professional Audio Equipment Rental Company
Auction Set For Assets of Professional Audio Equipment Rental Company Owner retiring, Tiger Group to conduct webcast auction of Design FX Audio’s professional quality digital, analog and vintage audio equipment on November10 BURBANK, Calif. (10/29/15)—After more than three decades of running the successful Design FX Audio Rental Company, that has provided the audio industry with [...]
Tiger Group to Auction LA-based Paul’s TV Assets
Tiger Group to Auction LA-based Paul’s TV Assets Consumers and trade buyers will have an opportunity to purchase HD TVs and audio systems, accessories and consumer appliances at discounted prices when Tiger Capital Group’s Remarketing Services Division conducts an online-only auction of the remaining inventory of metro Los Angeles retailer Paul’s TV. Office and store [...]
Live Webcast Auction Set For Assets Of Mlaskoch Excavating Inc.
Live Webcast Auction Set For Assets Of Mlaskoch Excavating Inc. Tiger Group, Perfection Industrial Sales and Alex Lyon & Son to sell contractor’s directional drills, bulldozers, backhoes and other equipment in Willow River, Minn. on Nov. 12 WILLOW RIVER, Minn. (10/27/15)— Contractors and others wishing to purchase heavy-duty construction and underground utility equipment at competitive [...]
City Sports Files For Bankruptcy, Says It Will Sell Itself Off Or Close Down
City Sports files for bankruptcy, says it will sell itself off or close down By Jack Newsham Globe Correspondent October 05, 2015 City Sports Inc., the retailer launched more than 30 years ago in Boston by a pair of high school friends, plans to shut eight of its 26 stores and sell the rest after [...]
Auction Set For Personal Assets of Husband and Wife at Center of $38 Million Insurance Fraud
Auction Set For Personal Assets of Husband and Wife at Center of $38 Million Insurance Fraud Tranzon Asset Strategies, Tiger Group, to conduct auction of couple’s luxury apparel, handbags, shoes, jewelry and vehicles in Irvine on Oct. 8 IRVINE, Calif., Sept. 29, 2015 /PRNewswire/– Individuals looking to score luxury goods at bargain prices can do [...]
Tiger Group Sets Auction for Assets of Textile Printing Company
Tiger Group Sets Auction for Assets of Textile Printing Company CORONA, Calif. (9/22/15)— By order of the assignee for the benefit of creditors, Tiger Capital Group’s Remarketing Services Division and North East Printing Machinery Inc. will conduct a live webcast auction on Sept. 29 for high-speed sheet-fed presses, dye sublimation heat presses, screen printing [...]
Auction Set For Assets of Bankrupt Technology and Marketing Company
Auction Set For Assets of Bankrupt Technology and Marketing Company –Tiger Group and Reich Brothers to conduct auction of Brand Affinity Technologies’ assets on July 9; sale features cameras, lighting and computer equipment SANTA FE SPRINGS, Calif., June 24, 2015 /PRNewswire/ )—Lights, cameras, and computer equipment will be available for sale when Tiger Group’s Remarketing [...]
DelGuidice Joins Tiger Group’s Remarketing Services as SVP
DelGuidice Joins Tiger Group’s Remarketing Services as SVP Matthew DelGuidice joined Tiger Group’s Remarketing Services Division as SVP, Industrial Remarketing. DelGuidice comes to Tiger from industrial auctioneering firm Maynards Industries, Chicago, where he served as VP of U.S. Operations since 2013. Previously, he spent over 11 years at GoIndustry DoveBid, initially as director of auction [...]
Tiger Group Launches New GearXpres Marketplace for Broadcast, Film and Other Equipment
Tiger Group Launches New GearXpres Marketplace for Broadcast, Film and Other Equipment –Industry veteran Chris Thompson to oversee June 30 auction of professional equipment from Sony and other leading manufacturers SANTA FE SPRINGS, Calif., June 17, 2015 /PRNewswire/—Tiger Group’s Remarketing Services division has announced the creation of GearXpres, an auction marketplace dedicated to offering professional [...]
Tiger, Hilco, Branford Group to Auction Pennysaver Assets
Tiger, Hilco, Branford Group to Auction Pennysaver Assets By order of the U.S. Bankruptcy Court, Tiger Capital Group’s Remarketing Services Division, Hilco Industrial, The Branford Group and Northeast Printing Machinery will conduct a two-day live webcast auction on September 16 and 17 for three Southern California web printing facilities formerly owned by Brea, CA-based Pennysaver, [...]
Auction Set for Excess Assets of Wood Manufacturer
Auction Set for Excess Assets of Wood Manufacturer Tiger Group to sell assets from Virginia manufacturing plant closed by American Forest Products CHILHOWIE, Va., Aug. 3, 2015 /PRNewswire/ —Tiger Capital Group’s Remarketing Services Division is conducting an online auction of the assets of a 146,000-sq.-ft. wood moulding manufacturing plant in Chilhowie, Va., owned by Sure-Wood [...]
CBS Radio Interview With Bradley Snyder Regarding The Sale Of RadioShack’s Brand
CBS Radio Interview With Bradley Snyder Regarding The Sale Of RadioShack’s Brand –Below is an interview conducted on May 12, 2015 by KCBS in San Francisco with Bradley Snyder, Tiger Capital Group. At the time of the interview Standard General LP, had placed a bid of $26.2 million for RadioShack’s brand name and customer data [...]
Tiger Valuation Adds Vaughn And Posteraro As Senior Associates
Tiger Valuation Adds Vaughn And Posteraro As Senior Associates –NEW YORK, N.Y. (4/16/15)— Robert Vaughn and Carmen Posteraro have joined Tiger Valuation Services, LLC as Senior Associates, managing asset appraisal teams in the firm’s Los Angeles and Boston offices, respectively. Both report to Director of Appraisals, Ryan Davis. Vaughn previously spent more than eight years [...]
Auctions Set For Excess Assets Of Wood Manufacturer
Auctions Set For Excess Assets Of Wood Manufacturer –Tiger Group to sell assets from manufacturing plants in Calif. and S.C, as well Indianapolis distribution center and fleet; all no longer needed for American Forest Products’ continuing operations SACRAMENTO (4/7/15)—Tiger Group’s Remarketing Services Division is conducting online auctions of equipment, wood inventory and other assets from [...]
Joint Venture Of Tiger, Hilco & Gordon Brothers Launches Additional Radio Shack Closures
Joint Venture Of Tiger, Hilco & Gordon Brothers Launches Additional Radio Shack Closures –NEW YORK, N.Y. (4/2/15)— The joint venture of Tiger Capital Group, Hilco Merchant Resources and Gordon Brothers Group will begin the final phase of RadioShack store closings today at an additional 361 locations throughout the nation. Sales at these stores begin April [...]
Tiger Capital Group Relocates New York Office, Designates Location As Global Headquarters
Tiger Capital Group Relocates New York Office, Designates Location As Global Headquarters –NEW YORK, N.Y. (4/2/15)—Tiger Capital Group has relocated its New York office and formally designated the new site as its first corporate headquarters. The international asset valuation, advisory and disposition firm moved to 99 Park Avenue from 708 Third Avenue, where it had [...]
Auction Set For Assets Of Bankrupt Medical Devices Manufacturer
Auction Set For Assets Of Bankrupt Medical Devices Manufacturer –Tiger Group to conduct auction of Konigsberg Instruments assets on March 17 MONROVIA, Calif. (3/5/15)—By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division will conduct an online sale of medical manufacturing equipment and laboratory equipment, as well as parts inventory, office furniture and [...]
American Optical Services Assets Up For Bid
Exotic Luxury Eyewear, Some Originally Tagged at up to $35,000, Offered in Online Auction of Bankrupt Eyewear Specialist’s Assets LAS VEGAS (2/5/15)–Eyewear retailers, wholesalers and other purveyors of luxury spectacles won’t want to miss out on a rare buying opportunity when Tiger Group’s Remarketing Services Division conducts an online auction of more than 3,000 pairs [...]
Fred Raccosta Joins Tiger Capital Group As Director Of Business Development
Fred Raccosta Joins Tiger Capital Group As Director Of Business Development NEW YORK, N.Y. (1/20/15)— Fred Raccosta has joined Tiger Capital Group as Director of Business Development for New York, New Jersey and Pennsylvania. From his base in Tiger’s New York office, the veteran of the valuation advisory and asset-based lending industries will focus on [...]
Going Out Of Business Sale To Begin At All 198 Alco Stores in 23 States
Going Out Of Business Sale To Begin At All 198 Alco Stores in 23 States –Liquidation sale will offer significant discounts on all merchandise during holiday season COPPELL, Texas (11/21/14) – After 113 years, Alco Stores (OTC-Pink: ALCSQ), a discount retailer focused on serving consumers in smaller communities with limited access to other regional or [...]
Tiger Group’s Salazar Named Co-chair Of Southern California Chapter Of TMA
Tiger Group’s Salazar Named Co-chair Of Southern California Chapter Of TMA LOS ANGELES (11/17/14) – Michelle Salazar, Director of Business Development for Tiger Group’s Remarketing Services division, was named Co-Chair of the Southern California chapter of the Turnaround Management Association (TMA). In this role with the TMA chapter, she will be Co-Chair of Programs for [...]
Auction Set For Remaining Assets Of National Deep-discount Store Chain
Auction Set For Remaining Assets Of National Deep-discount Store Chain –Tiger Group to conduct auction of XS Cargo’s Ontario distribution center and corporate office assets on November 18 MISSISSAUGA, Ont. (11/13/14)—Following the successful liquidation of the merchandise inventories and store fixtures of the 50-store Canadian deep-discount chain XS Cargo Company, Tiger Group has been authorized [...]
Assets Of Diagnostics Products Developer, Manufacturer And Marketer Up For Bid
Assets Of Diagnostics Products Developer, Manufacturer And Marketer Up For Bid –Tiger Group to conduct auction of Zyomyx assets on October 28 FREMONT, Calif. (10/22/14)—By order of the assignee for the benefit of creditors, Tiger Group’s Remarketing Services Division, in cooperation with EquipNet, will conduct an online sale of state-of-the-art spectrometry and other analytical, laboratory, [...]
Equipment From Legendary Audio Post-production Company Available In Webcast Auction
Equipment From Legendary Audio Post-production Company Available In Webcast Auction –Tiger Group and GA Global Partners offer assets formerly owned by Todd-Soundelux BURBANK, Calif. (9/30/14)—By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division and GA Global Partners will conduct a public webcast auction at 10:30 a.m. (PT) on Oct. 7 and 8 [...]
Auction Set For Luxury Eyewear and Equipment of American Optical Services
Auction Set For Luxury Eyewear and Equipment of American Optical Services –Tiger Group to conduct online sale on September 24; inventory includes exotic sunglasses with original retail prices up to $30,000 LAS VEGAS (9/11/14)—By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division will conduct an online sale of 1,600 pairs of one-of-a-kind [...]
Assets Of ClearEdge Power Facility Up For Bid
Assets Of ClearEdge Power Facility Up For Bid Tiger Group, Hackman Capital and CA Global Partners conducting online sale of assets from former ClearEdge Power, Inc. facility; bids close Sept. 9 HILLSBORO, Ore. (8/26/14) Tiger Group’s Remarketing Services Division, Hackman Capital and CA Global Partners will conduct a live webcast auction on September 9 at [...]
Going-out-of-business Sales Under Way At All 50 XS Cargo Stores Throughout Canada
Going-out-of-business Sales Under Way At All 50 XS Cargo Stores Throughout Canada Savings of up to 40% offered on the deep-discount chain’s wide range of merchandise; Tiger Capital Group directing G-O-B sale MISSISSAUGA, Ont. (9/29/14)—Going-out-of-business sales are now under way in all 50 stores operated by XS Cargo Company, the Canadian deep-discount store chain that [...]
Tiger Capital Group Announces Launch Of Sydney-Based Firm
Tiger Capital Group Announces Launch Of Sydney-Based Firm — The new entity is a first for U.S.-based asset advisory and capital solutions firms SYDNEY, Australia (8/11/14)—Tiger Capital Group today announced the launch of an Australian-based venture focused on bringing leading-edge asset advisory, valuation and liquidity services, as well as debt and equity capital, to the [...]
Former Assets Of Bankrupt Allied Industries Up For Bid
Former Assets Of Bankrupt Allied Industries Up For Bid — Tiger Group and PPL Group conducting online sale for equipment formerly owned by environmental services company; bids close late August NORTH HOLLYWOOD, Calif. (8/6/14) — By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division and PPL Group are auctioning excavators, loaders, tractors, [...]
Assets Of Roxwell Performance Drilling Up For Bid
Assets Of Roxwell Performance Drilling Up For Bid — Tiger Group, PPL Group and RealestateAuctions.com conducting online sale and live auction for equipment and real property formerly owned by drilling tool company; bids close mid-August MIDLAND, Texas (8/5/14) — By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division, PPL Group and RealestateAuctions.com [...]
Bob DeAngelis Writes Feature on The Changing Liquidation Landscape
Disposition Firms Are Leaving ‘No Stone Unturned’ to Maximize Value –Amid fierce competition for deals in a flat economy, firms use strategic partnerships to arrange turnkey, going-concern sales and take other unconventional steps to enhance recoveries, Tiger Group exec writes. BOSTON (7/29/14)—Disposition firms have always been aggressive about the pursuit of deals. But in today’s [...]
Tiger, City Capital Advisors And Schneider Sell Quantum Foods In Illinois
Tiger, City Capital Advisors And Schneider Sell Quantum Foods In Illinois –Tiger Group and Schneider Industries to conduct live webcast auction of assets of Quantum Foods BOLINGBROOK, Illinois (6/18/14)—By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division and Schneider Industries will conduct a live webcast auction on June 24, 25 and 26 [...]
Auction Set For Assets Of Sandia Drilling Company
Auction Set for Assets of West Texas Drilling Company Tiger Group, Auction Resolutions and PPL Group to conduct live webcast auction of Sandia Drilling’s assets on July 1 MIDLAND, Texas (6/17/14)—By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division, Auction Resolutions LLC and PPL Group LLC will conduct a live webcast auction [...]
Assets Of Bankrupt Tandy Brands Up for Sale
Former Assets of Bankrupt Tandy Brands Accessoires up for Sale Tiger Group conducting online auction for late model networking, telecom, office and warehouse equipment from fashion accessories manufacturer and marketer. Bids close April 10. DALLAS (4/2/14) —Tiger Group’s Remarketing Services Division is auctioning late-model material handling equipment; contemporary office furnishings; data capture, network, server and [...]
Auction Set For Assets Of Activated Carbon Processing & Biomass Power Plant In Hawaii
Auction Set For Assets Of Activated Carbon Processing & Biomass Power Plant In Hawaii –Tiger Group and Aaron Equipment conducting bid offering for unique processing and sustainable biomass energy facility KAWAIHAE, Hawaii (3/10/14)—By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division and Aaron Equipment Company Inc. are liquidating an activated carbon processing [...]
Former Assets Of Bankrupt KSL Media Inc. Up For Bid
Former Assets Of Bankrupt KSL Media Inc. Up For Bid Tiger Group conducting online sale for equipment and other assets formerly owned by communications planning agency; bids close May 1 LOS ANGELES (4/24/14) — By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division is auctioning late-model audiovisual and computer equipment, office and [...]
M&E Veteran Morris Hodkin Retires From Tiger Group
M&E Veteran Morris Hodkin Retires From Tiger Group NEW YORK (3/31/14)—Tiger Group today announced that Morris Hodkin has retired from his position as Director-M&E Appraisals of the Tiger/Daley-Hodkin machinery and equipment division. He will continue to serve as an independent consultant to the asset appraisal and disposition firm. Hodkin, who has more than 50 years [...]
Assets Of Integrated Medical Systems Inc. Up For Bid
Assets Of Integrated Medical Systems Inc. Up For Bid Tiger Group conducting online sale for portable intensive care manufacturer’s equipment, patents and other assets; bids close April 1 LOS ANGELES (3/26/14) — By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division is auctioning portable intensive care systems, diagnostic devices, patents, general medical [...]
Seven Corners Hardware Offers Huge Discounts In Historic GOB Sale
Seven Corners Hardware Offers Huge Discounts In Historic GOB Sale — Closing its doors after 80 years in St. Paul, the family-owned business will begin liquidating its nationally renowned inventory of brand-name tools and equipment on Feb. 13. ST. PAUL, Minn. (2/12/14)—Contractors and DIY enthusiasts from across the Twin Cities and the Midwest will find [...]
Tiger Group Accepting Sealed Bid Offers For Assets Of Dermasilk Manufacturer
Tiger Group Accepting Sealed Bid Offers For Assets Of Dermasilk Manufacturer NEW YORK (2/10/14)—Tiger Group’s Remarketing Services Division is now accepting sealed bid offers for intellectual property, inventory and other assets of Biotech International Corporation, including its flagship DermaSilk brand, a leading line of anti-aging and skincare products. The sale is being conducted on behalf [...]
Coelho Joins Tiger Group as Senior VP, Remarketing Services
Coelho Joins Tiger Group as Senior VP, Remarketing Services BOSTON, Mass. (1/23/14) — Machinery and equipment disposition veteran John Coelho has joined Tiger Group as Senior Vice President, Remarketing Services. He will be based in the asset valuation, disposition and advisory services firm’s Boston office. In the newly created position, Coelho will direct the division’s [...]
Assets From Creations Garden Natural Products Up For Auction
Assets From Creations Garden Natural Products Up For Auction LOS ANGELES (1/31/14) — Tiger Group’s Remarketing Services Division and Reich Brothers are now accepting offers for the assets of Creations Garden Natural Products, Inc., a natural products manufacturer based in Valencia, Calif. Tiger and Reich are conducting the sale in cooperation with Brian Testo Associates. [...]
Bankrupt Teletouch Communications Assets Up For Bid
Former Assets Of Bankrupt Teletouch Communications Up For Bid — Tiger Group conducts online sale for tech retailer’s inventories and other assets; bids close Jan. 23 FORT WORTH, Texas (1/16/14) — By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division is auctioning phone, tablet and car audio inventories, along with vehicles, computer [...]
Auction Set For Equipment From Bankrupt Career College On June 23
Auction Set For Equipment From Bankrupt Career College On June 23 –Tiger Group’s offering of Corinthian Colleges’ assets includes professional equipment from dental assistant, nursing, medical assistant, massage therapy and criminal justice programs COVINA, Calif., June 11, 2015 /PRNewswire/ —A vast selection of medical, dental, classroom and office equipment will be available for sale when [...]
Going Out Of Business Sale To Begin At All 39 Loehmann’s Stores
Going-out-of-business Sale To Begin January 9 At All 39 Loehmann’s Stores In 11 States And D.C. –Shoppers can seize once-in-a-lifetime discounts on men’s and women’s designer clothes NEW YORK, N.Y. (1/8/14) – After almost 93 years, Loehmann’s, the premier upscale off-price specialty retailer that originated the concept, is going out of business. The U.S. Bankruptcy [...]
Fresh Produce To Emerge From Bankruptcy With Smaller Store Base
Fresh Produce To Emerge From Bankruptcy With Smaller Store Base By Alicia Wallace | awallace@denverpost.com May 22, 2015 Boulder-based Fresh Produce Sportswear is expected to emerge from bankruptcy but will do so as a slimmer firm. Fresh Produce Holdings LLC officials said the firm received approval from a federal bankruptcy judge for two asset sales: [...]
Sale Set For Remaining Assets Of Major Jewelry Distributor
Sale Set For Remaining Assets Of Major Jewelry Distributor –Tiger Group and PPL to conduct online sale of Lia Sophia’s Illinois corporate office, fulfillment center ROSELLE, Ill. (5/20/15)—Following the successful completion of the bulk and online auction sale of equipment and other assets from Lia Sophia’s Richmond Hill, Ontario distribution center, Tiger Group’s Remarketing Services [...]
Bloomberg Business Article Featuring Bradley Snyder
Bloomberg Business Article Featuring Bradley Snyder –The Sad, Tarnished Afterlife of Radioshack’s Name: With nothing material left to sell, RadioShack is auctioning off its name and the names of its shoppers. Bankrupt brands tend to fetch less than derelict real estate does (May 5, 2015) The upcoming auction will measure the value of RadioShack’s remaining [...]
Gift Cards Can Be a Form of ‘Free Advertising’ for GOB Sales, Writes Veteran Liquidator
Gift Cards Can Be a Form of ‘Free Advertising’ for GOB Sales, writes veteran liquidator In article for leading asset-based lending magazine, Tiger Capital Group’s Michael McGrail cites advantages of honoring gift cards during liquidation sales. BOSTON (6/18/14)—When retail stores are in liquidation, creditors often see honoring customers’ gift cards as a losing proposition, to [...]