News – Page 2 – Tiger Group

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

Finance / News / Retail

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 million in growth capital for the manufacturer, based in Locust Valley, NY. […]

By Tiger Group

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

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 capital to support PWE’s data-driven approach to acquiring, operating, and scaling ecommerce […]

By Tiger Group

Industrial / News

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, a multigenerational trucking business founded in 1993.

“This sale is a great opportunity […]

By Tiger Group

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

Corporate / Finance / Industrial / News / Retail / Wholesale

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 in growth during his 33 years at Wells Fargo and GE Capital, […]

By Delphine Thierry

Industrial / News

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 Group is an opportunity to acquire professional audio-visual gear from the existing rental inventories of PRG […]

By Delphine Thierry