Delphine Thierry – Tiger Group

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 for bid include an impressive selection of industrial machinery, and over 200,000 […]

By Delphine Thierry

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 to francesca’s® Acquisition LLC shows that merging with a larger platform is […]

By Delphine Thierry

News / Retail

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 the deal were not disclosed.

The Richer Poorer buyout signals a shift in […]

By Delphine Thierry

Corporate / News / Retail

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 Learn from AI in the Grocery Sector”), Snyder points to OpenAI’s bombshell […]

By Delphine Thierry

Industrial / News

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 American production rental company and prestigious Keslow Camera, including equipment by the […]

By Delphine Thierry

Corporate / Industrial / News / Retail

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 joined Tiger Group as associate director of Field Operations.

Spehar’s new role includes […]

By Delphine Thierry

News / Retail

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 and Puerto Rico—an opportunity for shoppers to find discounts on name-brand home […]

By Delphine Thierry

Read more about the article White Oak, Tiger Finance Provide $90MM Asset-Based Loan to Support TerraMar Capital’s Acquisition of U.S. Metals Distributor

Finance / News

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, a subsidiary of Tiger Capital Group, LLC, provided a $10 million […]

By Delphine Thierry

Finance / News / Retail

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 and support the ongoing working capital needs of the business.

Launched in […]

By Delphine Thierry

Read more about the article Live Online Webcast Auction Features Cranes, Boom Trucks and Other Former Assets of Texas-Based Heavy Equipment Rental Company

Industrial / News

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 cranes, boom trucks, trailers and other former assets of Dalton Crane in a Thursday, November […]

By Delphine Thierry