David Flood – Tiger Group

Retail Leader

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 Francesca’s—which reported two years of losses prior to the pandemic—2020 represented a huge […]

By David Flood

Read more about the article Assets of 30 Barrel Semi-Automated Brewhouse Up for Bid in Tiger Group, Schneider Industries Online Auction on June 17

Industrial / News

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 Tiger Group and sale partner Schneider Industries on behalf of the […]

By David Flood

News / Retail

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, is so skilled at not only gathering data but breaking it down to glean important […]

By David Flood

Read more about the article Tiger Finance and Encina Business Credit Announce the Closing of a $48.5 Million Revolver/Term Loan to Daytona Apparel Group

Finance / News

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 Encina Business Credit have closed on $48.5 million in growth financing to Daytona […]

By David Flood

Industrial / News

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 was shuttered by parent company Linamar Corp. on April 19, 2021.

A wide […]

By David Flood

News / Retail

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 mount last year, vendors of apparel and other goods demanded change. In […]

By David Flood

Corporate / News

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 was previously a Senior Associate in Tiger’s Valuation Services division.

Schloemer, who will […]

By David Flood

Industrial / News

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, folders and accessories by brands such as MHM, M&R, Dane, Hix, Interchange, […]

By David Flood

Read more about the article Tiger Group Selling Robot-Automated Parts-Coating Lines and Other Assets Formerly Owned by Wheel Specialist Winona PVD Coatings

Industrial / News

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 bulk offers for four robot-automated parts-washing, powder-coating and vacuum metallizing lines formerly […]

By David Flood

News / Retail

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. They work very well together,” said Gail Glave, managing director of the Tiger Capital Group. […]

By David Flood