Liquidation 101: Sorting Fact from Fiction
When asked what I do for a living, I usually explain that I started as a bankruptcy and corporate attorney and now work as an asset-disposition executive for a global firm called Tiger Capital Group. If the inquiry comes from a financial-sector professional, I’ll get a quick nod of understanding. Often, though, I’m met with a blank stare. “Part of […]
Tiger Group selling excess equipment from entertainment and event production technology leaders PRG and VER
LOS ANGELES, Feb. 28, 2019 /PRNewswire/ — Convention centers, theaters, religious organizations, nightclub owners, and others can snatch up pro-level projection equipment at a steep discount when Tiger Group liquidates high-quality projectors and lenses from PRG, the global leader in production services and solutions, and VER, the largest provider of rental equipment to […]
Retail and the Debt ‘Tipping Point’
The unsettling headlines in retail just keep on coming. One of the latest going-out-of-business events—the closing of Payless ShoeSource’s North American operations—stands as the largest liquidation by store count in U.S. history. My firm, Tiger Capital Group, along with joint venture partner Great American Group, began liquidating $1 billion in inventory at 2,300 Payless stores this past February. The sale […]
The Dump consolidating Philly footprint
Will close one store and launch a new high-end concept in the other
Clint Engel, February 28, 2019
PHILADELPHIA — The Dump, part of Top 100 Haynes Furniture, is liquidating one Philadelphia market store and selling off inventory at the other with plans to introduce a new concept in a single market store.
The off-price retailer will begin a store closing at its 89,000-square-foot […]
Payless ShoesSource Conducting Store Closing Sales At All Stores In The United States And Canada
Great American Group and Tiger Capital Group Liquidating $1 Billion of Inventory;
Initial Discounts of Up to 40 Percent Off
TOPEKA, KS (2/25/2019) —Payless ShoeSource is now holding store closing sales at all retail locations in North America. This is the largest liquidation event, by store count, in retail history with sales […]
Great American Group, Tiger Capital Group, Hilco Merchant Resources, and Gordon Brothers to Immediately Liquidate All Merchandise in 798 Stores across the U.S. and Canada
LOS ANGELES, Jan. 18, 2019 (GLOBE NEWSWIRE) — Store closing sales will begin today at 798 Gymboree and Crazy 8 locations throughout the United States and Canada. The closing sales will be operated by a consortium of leading asset disposition firms […]
Online Auction of High-End Motion Picture Camera Equipment Formerly Owned by Clairmont Camera Ends May 22nd
NORTHBROOK, Ill., May 18, 2018 – The August 2017 acquisition of Clairmont Camera by Keslow created a number of inventory redundancies which resulted in the need for the valuable asset sale. Both Hilco Industrial and Tiger Group are conducting the largest online auction ever of high-quality rental surplus cinematography gear which […]
Tiger Group, Loeb Winternitz Accepting Bids for Fremont Plastic Asset Sale
As part of the orderly wind-down of Fremont Plastic Products Inc., Tiger Group, Loeb Winternitz LLC, and Arlington Plastics Machinery, Inc. are now accepting offers for well-maintained assets of the subsidiary of The Plastics Group, a blow molding company that had operated locations in Ohio and Illinois. The Fremont location includes 18 blow molding machines, […]
A&G Realty Partners to Manage Sale of 230 Bon-Ton Stores
MELVILLE, N.Y., May 8, 2018 –A&G Realty Partners has been retained to dispose all of the real estate assets of The Bon-Ton Stores, Inc., on behalf of a joint venture between Great American Group, LLC (a subsidiary of B. Riley Financial, Inc.), Tiger Capital Group, LLC and Bon-Ton’s Second Lien Noteholders. The joint venture acquired the retailer’s assets on […]
Court Approves 363 Sale of The Bon-Ton Stores to Second-Lien Group, Tiger Capital, Great American
MILWAUKEE, April 18, 2018 — The Bon-Ton Stores, Inc. announced that the U.S. Bankruptcy Court for the District of Delaware has approved an asset purchase agreement between the Company and a joint venture composed of the holders of the Company’s 8.0% Second Lien Secured Notes due 2021 and Great American Group, LLC and […]
