Corporate – Page 2 – Tiger Group

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 Director. Most recently General Counsel at Sequential Brands Group, Inc., Gul brings […]

By Delphine Thierry

Corporate / Finance / News / Retail

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 […]

By Delphine Thierry

Corporate / Finance / News / Retail

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 […]

By Delphine Thierry

Corporate / Finance / Industrial / News

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 […]

By Delphine Thierry

Corporate / Finance / Industrial / News

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 […]

By Delphine Thierry

Corporate / News / Retail

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 massively downsize their ABL lines. In addition, many of these companies […]

By Delphine Thierry

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

Corporate / News / Retail

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 Going-out-of-Business sales at its 60,000-square-foot showroom at 7400 North Freeway in Houston.

Most recently […]

By David Flood

Corporate / News

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, along with intellectual property, research and development lab assets and more. […]

By David Flood

Corporate / News

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 Group and Liquidity Services are conducting an online-only auction of a large fleet of […]

By David Flood