A Tiger Group online auction on April 23 will offer over 850 lots of production equipment from PRG’s rental inventory. This major auction of equipment from PRG’s professionally maintained inventory features digital cameras, lenses, audio, speakers...
Read Story
April 12, 2024, 06:00 AM
|
Tiger Finance’s lending platform continued to grow in the first quarter ended March 31, providing $102 million in financing to retail and other borrowers across North America. “Women’s specialty apparel retailers, in particular, continue to be...
Read Story
April 03, 2024, 07:56 AM
|
Outdoor furniture company RST Brands has sold as a going-concern to Surya, the global household furnishings brand, in the latest turnaround by Tiger Group’s Advisory Services division. “This strategic purchase will enable Surya to gain market share...
Read Story
December 14, 2023, 07:08 AM
|
Food production, processing and packaging companies can grow their operations by acquiring new and like-new equipment in a Dec. 12 online auction by Tiger Group. The court-ordered bankruptcy sale features assets from Lemnature AquaFarms’ multimillion...
Read Story
November 30, 2023, 07:04 AM
|
Tiger Group announced the first four members of its newly launched Board of Advisors. The board members, who provide advice and counsel but are not involved in Tiger’s day-to-day operations, held their inaugural meeting on August 29. They are Elaine...
Read Story
September 14, 2023, 07:48 AM
|
Tiger Group has expanded its offering for asset-based lenders by hiring two industry veterans with decades of combined experience in field examinations and related services. The move makes Tiger’s Valuation Services division a one-stop shop for ABLs...
Read Story
September 08, 2023, 07:58 AM
|
A Tiger Group Online auction on September 7 features thousands of lithium-ion battery cells from Romeo Power’s 215,000-square-foot EV battery assembly plant in Cypress, along with industrial assets such as robots, CNC machines, assembly and testing...
Read Story
August 31, 2023, 07:00 AM
|
Medical transportation providers can expand their operations by acquiring late-model ambulances, power gurneys and stair chairs in an April 20 online auction by Tiger Group. Bidding in the timed, online auction at SoldTiger.com opens on Thursday...
Read Story
April 11, 2023, 07:37 AM
|
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 likes of Arri, Canon, Fujinon...
Read Story
April 03, 2023, 07:09 AM
|
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...
Read Story
March 03, 2023, 08:00 AM
|
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, has joined Tiger Group as Executive Managing Director. He will focus on business...
Read Story
November 02, 2022, 08:04 AM
|
Jennifer A. Lewellyn, a 22-year retail veteran with experience in both managing healthy stores and liquidating underperforming locations, has joined Tiger Group as Associate Director of Retail Operations. Based in Pittsburgh, Lewellyn will provide...
Read Story
September 16, 2022, 08:00 AM
|
Tiger Group’s Commercial and Industrial (C&I) Division saw a record number of sales registrants and buyers at its sales for audio/visual and movie theater assets in the first half of 2022, which played a major factor in achieving 96 percent to 99...
Read Story
June 24, 2022, 07:19 AM
|
CIT Northbridge Credit, as advised by CIT Asset Management, and Tiger Finance arranged up to $47 million in financing for a leading e-commerce seller of branded consumer products.The financing consists of a $30 million revolving credit facility...
Read Story
March 30, 2022, 07:58 AM
|
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 22 years of experience in advising both public and private companies on IP...
Read Story
March 10, 2022, 08:00 AM
|
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...
Read Story
January 06, 2022, 08:14 AM
|
Tiger Finance 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 assets—with an...
Read Story
December 15, 2021, 08:00 AM
|
Tiger Finance and Encina Business Credit closed on $48.5 million in growth financing to Daytona Apparel Group, a portfolio company of Windsong Global.The revolver/term loan, arranged by Tiger Finance, will strengthen the balance sheet and support the...
Read Story
May 14, 2021, 08:00 AM
|
Tiger Finance, an affiliate of Tiger Group provided financing to support the April 2021 acquisition of digitally native fashion retailer ModCloth by Nogin, the market leader in outsourced e-commerce for major fashion and consumer product...
Read Story
May 06, 2021, 07:40 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...
Read Story
April 21, 2021, 08:10 AM
|
Andrew (Andy) Cerussi joined Tiger Financial as a Managing Director. Tiger Financial is an affiliate of Tiger Capital Group, the asset valuation and financial services firm.From his base in Tiger’s Boston office, the 20-year veteran of the...
Read Story
March 10, 2021, 08:00 AM
|
Francesca’s Holdings Corporation and Francesca’s Acquisition LLC, an affiliate of TerraMar Capital LLC, announced, after a fulsome auction and sale process under Section 363 of the United States Bankruptcy Code, that it completed the sale of...
Read Story
February 02, 2021, 08:35 AM
|
Tiger Capital Group announced that Director of Field Financial Operations Gail Glave has been promoted to Managing Director. As a key leader in the retail disposition practice of the asset appraisal, disposition and investment firm, she serves as...
Read Story
February 01, 2021, 08:07 AM
|
Canadian mall owners are well-positioned to acquire key retail tenants in their portfolios in the months ahead, said Bradley W. Snyder, a Tiger Group Executive Managing Director, during a retail-focused webinar hosted by Insolvency Insider.Mall...
Read Story
November 24, 2020, 07:30 AM
|
Tiger Group will be conducting online auction on November 12 of textile embellishment and warehouse equipment, blank inventories of apparel and hardgoods, and intellectual property of a wholesale supplier of custom-designed promotional products for...
Read Story
November 02, 2020, 08:00 AM
|
Adapting to ongoing shifts in consumer behavior is key to recovering asset value, advises Michael McGrail in Q&A with ABL Advisor. Retailers’ store-closing and going-out-of-business sales are performing better than expected—especially in categories...
Read Story
October 22, 2020, 04:00 PM
|
Ryan Davis, Managing Director of Valuation Services at Tiger Group, has been named a ‘40 Under 40’ recipient in the 2020 awards program from The Secured Finance Network (SFNet), the professional association of the secured lending industry.“The SFNet...
Read Story
July 10, 2020, 08:50 AM
|
More than 95% of assets were sold by Tiger Group and partners Aaron Equipment, Rosen Systems and Perry Videx in a recent online auction for the assets of bankrupt ECS Refining’s former multi-medium recycling plant in Stockton.The June 9th event drew...
Read Story
June 30, 2020, 08:25 AM
|
Analysis by Tiger Liquidity Services Biopharma Partnership underscores the strategic value to hedge funds, private equity firms, asset-based lenders, and bankruptcy professionals of leveraging asset-valuation and disposition in the...
Read Story
June 02, 2020, 09:05 AM
|
Indicative of how online auctions can be an effective and safe way to market select commercial and industrial assets during the COVID-19 pandemic, Tiger Group reported that it attained new highs in the numbers of bidders during two sales it held in...
Read Story
May 05, 2020, 08:50 AM
|
Taking into account the economic impact of the COVID-19 pandemic, Tiger Group’s Valuation Services Division has issued risk assessment guidance for asset-based lenders on a wide range of consumer goods categories.Among the 29 categories analyzed in a...
Read Story
April 21, 2020, 09:15 AM
|
When leading AV companies — including PRG/VER, Keslow Camera, Illumination Dynamics, and Birns & Sawyer — choose to trim their surplus inventory and raise additional capital for inventory refreshment, they often turn to Tiger Group to execute...
Read Story
May 31, 2019, 08:45 AM
|
Tiger Group announced industry veteran Matthew Miller has joined the firm as Senior Director of Appraisals. In his new role, Miller manages the daily operations of the firm’s comprehensive consumer and industrial asset appraisal practice, directing...
Read Story
April 17, 2019, 09:15 AM
|
Tiger Group and Liquidity Services, Inc. announced the launch of a partnership focused on rapid, efficient and high-recovery disposition of assets from distressed organizations in the biopharmaceutical manufacturing industry.
Tiger Liquidity...
Read Story
November 14, 2018, 08:13 AM
|
Tapping new sources of collateral is the key to gaining an edge in today’s hypercompetitive asset-based lending sector, noted Bradley W. Snyder, Executive Managing Director of Tiger Group, during a panel sponsored by the new Washington chapter of the...
Read Story
November 06, 2018, 07:03 AM
|
A massive amount of home-improvement and furnishings merchandise—about 1.5 million items valued at more than $23 million—is available at liquidation-sale discounts as bankrupt Home Owners Bargain Outlet (HOBO) shutters all seven of its stores...
Read Story
November 05, 2018, 07:17 AM
|
Tiger Group, a provider of asset valuation, advisory and disposition services, today announced that home furnishings industry veteran Mark Bannon has joined the firm as Director of Furniture Solutions. In this newly created position, Bannon will...
Read Story
October 10, 2018, 07:08 AM
|
Tiger Capital Group announced that it has provided $5 million in special project financing to the sole license holder of Walmart’s rapidly growing Tasty Housewares product lines, including its highly popular Tasty Cookware.The capital infusion...
Read Story
August 14, 2018, 08:20 AM
|
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...
Read Story
April 19, 2018, 08:00 AM
|
Bruce Passen, a 40-year veteran of the debt purchasing field and former principal of Bikaver Group and CEO of Hilco Receivables, has joined Tiger Group as Managing Director of the company’s newly-formed Tiger Receivables division.
Based in Chicago...
Read Story
February 07, 2018, 07:30 AM
|
Tiger Group, a provider of asset valuation, advisory and disposition services, announced that Chad Farrell has joined the firm’s Commercial & Industrial Division as Managing Director. Farrell brings to Tiger deep experience in the disposition...
Read Story
February 01, 2018, 07:37 AM
|
David L. Tepper, a 25-year veteran of the valuation, banking and financial management industries, has joined Tiger Group as Business Development Officer for the Western U.S.From his base in the asset valuation, advisory and disposition services...
Read Story
January 10, 2018, 07:26 AM
|
Jeremy R. Halford, a veteran of the international banking and insolvency industries, has joined Tiger Group as Managing Director of the asset valuation, advisory and disposition services firm’s Commercial & Industrial Division.
Halford comes to...
Read Story
July 27, 2017, 07:16 AM
|
The Gymboree Corporation announced that, following a comprehensive evaluation of its retail footprint as part of its previously announced court-supervised financial restructuring, the Company intends to close approximately 350 stores, mainly across...
Read Story
July 13, 2017, 07:41 AM
|
Rick L. Barfield, a veteran of the asset-based lending field, has joined Tiger Group as Director of Business Development for the asset valuation, advisory and disposition services firm’s Midwest region. From his base in Chicago, Barfield will lead...
Read Story
June 22, 2017, 07:11 AM
|
Tiger Group and New Mill Capital will conduct an online-only sale on March 8th and 9th for approximately1,200 lots of flexo and roto packaging lines, slitters, forklifts and other equipment located at a global flexible packaging company’s former...
Read Story
February 27, 2017, 07:05 AM
|
A joint venture of Tiger Capital Group and New Mill Capital Holdings has acquired the former Printpack printing plant in Hazelwood. The New York-based firms are currently exploring options for redeveloping the 30-acre site for new manufacturing or...
Read Story
November 07, 2016, 07:39 AM
|
Tiger Group, the international asset-valuation, advisory, capital solutions and disposition services firm, has established a new base of operations in the Southeast, the company announced.New York-based Tiger established its Southeast operations...
Read Story
May 11, 2016, 07:32 AM
|
Tiger Capital Group announced the launch of an Australian-based venture focused on bringing leading-edge asset advisory, valuation and liquidity services, as well as debt and equity capital, to the Australian marketplace. The launch of Tiger Asset...
Read Story
August 11, 2014, 07:50 AM
|
The equipment and inventory formerly owned by bankrupt Quantum Foods in three Bolingbrook facilities have been sold as a turnkey operation to West Liberty Foods, L.L.C. in a $12.7 million transaction coordinated by Tiger Group, City Capital Advisors...
Read Story
June 24, 2014, 07:14 AM
|
Machinery and equipment disposition veteran John Coelho has joined Tiger Group as senior vice president, Remarketing Services. He will be based in the asset valuation, disposition and advisory services firm’s Boston office. In the newly created...
Read Story
January 24, 2014, 07:09 AM
|
After almost 93 years, Loehmann’s, the premier upscale off-price specialty retailer that originated the concept, is going out of business. Earlier this week, the U.S. Bankruptcy Court in Manhattan approved an order authorizing a joint venture formed...
Read Story
January 09, 2014, 06:58 AM
|
Melissa Coopersmith has joined Tiger Group as Managing Director/National Sales, based in the asset valuation, advisory and disposition services firm’s New York office.
In her new role, Coopersmith will oversee the company’s national sales efforts...
Read Story
November 14, 2013, 07:45 AM
|
Dramatic shifts in the retail grocery business continue to create opportunities for asset-based lenders and private-equity investors alike. But as a Tiger Group expert noted in a Sept. 12 panel discussion with colleagues from Nixon Peabody LLP and...
Read Story
September 19, 2013, 07:26 AM
|
Robert DeAngelis, a commercial finance industry veteran specializing in the consumer product and retail industries, has joined Tiger Group in the newly created position of executive managing director.
Based in the advisory, restructuring and asset...
Read Story
January 30, 2013, 07:48 AM
|