Tiger Group Facilitates Sale of Outdoor Voices to Consortium Brand Partners

Tiger Group’s advisory services division has facilitated the sale of athleisure lifestyle brand Outdoor Voices to consumer-focused investment manager Consortium Brand Partners.

After encountering financial distress, Outdoor Ventures engaged Tiger for a two-step process. The first was to provide strategic advice on how to best monetize excess inventory and restructure the company; Tiger would then act as the exclusive agent in a post-restructuring sale process.

“We saw […]

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Bankruptcy of Oil & Gas Services Firm Prompts a Series of Online Auctions

Court-ordered sales by Tiger Group and Liquidity Services will feature more than 10,000 items, including drilling and frac equipment, rolling stock, industrial machinery, and more; first two auctions close July 17 and July 25
JACKSON, Mississippi – July 9, 2024 — Tiger Group and Liquidity Services today announced plans to hold a series of court-ordered online auctions related to the bankruptcy of national energy services firm […]

Continue Reading >Bankruptcy of Oil & Gas Services Firm Prompts a Series of Online Auctions

Tiger Finance Posts Strong Q2 Lending Growth in 2024

Wholesaler and Retailers focused on e-commerce, furniture and apparel turn to Tiger to meet working capital needs

Tiger Finance’s lending platform continued to grow in the second quarter ended June 30, providing $90 million in financing to retail and other borrowers across North America.

Significant second-quarter deals included providing $15 million to an outdoor-lifestyle retailer/ wholesaler, $21 million to a wholesale/ecommerce furniture manufacturer and an additional $7.5 million, […]

Continue Reading >Tiger Finance Posts Strong Q2 Lending Growth in 2024

Tiger Group and HyperAMS Host Auction for Production Equipment from Film Manufacturer

A live webcast auction on June 26 features the Phoenix plant of manufacturer Zummit Plastics. The sale of the closed, 85,000-square-foot manufacturing facility, which is filled with late-model equipment in good condition, is available to both turnkey buyers and those interested in acquiring assets individually. Tiger Group and HyperAMS are hosting the sale by order of secured creditors.

Pre-bidding is available now. The live webcast auction […]

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Timed Online Auction on June 11 Features Assets from Medrobotics’ 40,000-Square-Foot Massachusetts Plant

Advanced surgical robotics systems, high-utility lab equipment and other M&E now available either piecemeal or turnkey in sale by Tiger Group and Liquidity Services
RAYNHAM, Mass., May 29, 2024 /PRNewswire/ — A June 11 online auction by Tiger Group and Liquidity Services features intellectual property and $12 million in medical equipment and inventory from Medrobotics—including 23 of the company’s groundbreaking Flex and next-gen Flex360 surgical robotics systems.

The assets, which include a broad array of lab, assembly/manufacturing, […]

Continue Reading >Timed Online Auction on June 11 Features Assets from Medrobotics’ 40,000-Square-Foot Massachusetts Plant

Lightning eMotors’ Late-Model EVs Go to Auction on May 30th

$10 million Tiger Group sale features more than 100 fleet-suitable EVs, along with e-motors, battery packs, auto parts and advanced equipment such as dynamometers and laser-cutters
LOVELAND, Colo., May 21, 2024 /PRNewswire/ — A Tiger Group online auction on May 30 gives fleet operators, repair shops, carmakers and other potential buyers the chance to bid on $10 million in parts, tools, equipment and EVs formerly owned by Lightning eMotors.

The Loveland-based company converted conventional, fossil fuel-burning vehicles into […]

Continue Reading >Lightning eMotors’ Late-Model EVs Go to Auction on May 30th

Online Auction Features Surplus AV Gear from the Ongoing Operations of Premier Global Rental Company

Rental and production-ready inventory is the highest-quality to hit the market in North America, announces sale host Tiger Group
HOLLYWOOD, Calif., May 13, 2024 — An online auction hosted by Tiger Group on May 21 features the highest-quality rental and production-ready AV gear to be sold in North America, the company announced.
The premium-quality rental gear—digital cameras, complete lens sets, individual lenses, monitors, drives, memory and accessories originally […]

Continue Reading >Online Auction Features Surplus AV Gear from the Ongoing Operations of Premier Global Rental Company

David Zolot Joins Tiger Capital Group as Managing Director, Brand Strategies

As Tiger’s intellectual property (IP)-related deal flow continues to grow, Zolot will leverage decades of experience in complex M&A transactions, business-development and consumer-brand strategy to provide creative brand monetization solutions to clients
NEW YORK, May 13, 2024 — David Zolot, a high-impact investment professional who brings nearly 25 years of experience in corporate, IP and consumer-brand strategy, has joined Tiger Capital Group as Managing Director, Brand Strategies.

A veteran of the consumer […]

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Sam Ash Files for Bankruptcy Protection, Moves to Reposition Company

Store closing sales begin at all 42 stores as iconic music retailer pursues go-forward business strategy
NEW YORK, May 9, 2024 /PRNewswire/ — Sam Ash—the century-old American music retailer that became a beloved institution for generations of amateur and professional musicians alike—filed for Chapter 11 bankruptcy protection on May 8, 2024 in the U.S. Bankruptcy Court for the District of New Jersey.

Tiger Group and Gordon Brothers are now conducting store closing sales at all 42 remaining […]

Continue Reading >Sam Ash Files for Bankruptcy Protection, Moves to Reposition Company

Industry Veteran Shanahan Joins Tiger Finance as Managing Director

Jason P. Shanahan, a 24-year veteran of the asset-based lending and consumer finance industries, joined Tiger Finance as a managing director.

From his base in Tiger’s Boston office, Shanahan will focus on identifying both secured debt financing and equity capital opportunities, as well as utilize his experience to further strengthen the Tiger Finance operating platform. He will report to Bob DeAngelis, executive managing director of Tiger Finance.

For the past five years, […]

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