Finance – Page 2 – Tiger Group

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

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

Finance / News

Tiger Finance Provides $5.2MM Financing Facility to Private Label HBC Company

Tiger Finance Provides $5.2MM Financing Facility to Private Label HBC Company
Capital supports new brand-development program for a national big-box retail client aiming to ramp up its beauty and wellness offerings

NEW YORK, March 31, 2022 /PRNewswire/ — Tiger Finance has closed on $5.2 million in financing for a private label health and beauty care products company in support of a brand-development program it is now undertaking for a national big-box retailer.

“Today’s marketplace […]

By Delphine Thierry

Read more about the article CIT Northbridge and Tiger Finance Arrange Financing of Up to $47 Million for a Leading E-Commerce Seller of Branded Products

Corporate / Finance / News

CIT Northbridge and Tiger Finance Arrange Financing of Up to $47 Million for a Leading E-Commerce Seller of Branded Products

CIT Northbridge and Tiger Finance Arrange Financing of Up to $47 Million for a Leading E-Commerce Seller of Branded Products
NEW YORK — March 29, 2022 — CIT Northbridge Credit, as advised by CIT Asset Management, and Tiger Finance today announced they have 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 […]

By Delphine Thierry

Corporate / Finance / News / Retail

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

Retail Leader

Finance / News / Retail

Francesca’s CEO Shares Brand’s Post-Pandemic Turnaround

Francesca’s CEO Shares Brand’s Post-Pandemic Turnaround
The COVID-19 pandemic forced retailers to survive amid a wave of challenges, including losing their physical footprints for an extended period. And that meant companies either innovated and pivoted or faced even bigger troubles.
By Amy Baxter

For those retailers who were already facing struggles, such as clothing company Francesca’s—which reported two years of losses prior to the pandemic—2020 represented a huge […]

By David Flood