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 gas, chemical and petrochemical industries.

Bidding platforms include Bidspotter and Proxibid. The sale will go […]

Continue Reading >Tiger Group, Plant & Machinery Inc. and AuctionSection.com Offer Assets, Including Real Estate, from Metal Fabricator Gulfex

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 forced to wait months for newly purchased equipment to arrive, potentially complicating […]

Continue Reading >Tiger Group Hosts Immediate Sale of Gate NY Equipment

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 of broadcast and digital cameras, broadcast camera lenses, projectors, heads and […]

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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 strategic partnership  Tiger Liquidity Services Energy Partners — focused on directly assisting […]

Continue Reading >Tiger Group Hosts Online Auction of Catamount Oilfield Services’ Pipe Inventory

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, LLC, opens on Thursday, February 10, at 10:30 a.m., and closes on Thursday, February 17, […]

Continue Reading >Tiger Group and Liquidity Services to Liquidate Well Production, Test Equipment and Other Oil-and Gas-Sector Assets in Online Auction

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 for Laney’s specialized services, said David Kennedy, Senior Associate, Tiger Finance. “After […]

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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 in the specialty sporting goods retail company.

“Based in Bloomfield Hills, Michigan, Outdoor […]

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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 company has acquired more than $400 million in Class A to C industrial […]

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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 Chapter 11 bankruptcy protection on August 15th in the U.S. Bankruptcy Court […]

Continue Reading >Tiger Finance Provides $15.5MM DIP Financing to Aluminum Shapes

Does the Current ‘Logistics Nightmare’ Have a Surprising Upside?

Does the Current ‘Logistics Nightmare’ Have a Surprising Upside? 
By: Ryan Davis
Date: September 28, 2021

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 massively downsize their ABL lines. In […]

Continue Reading >Does the Current ‘Logistics Nightmare’ Have a Surprising Upside?