News – Page 14 – Tiger Group

Read more about the article Tiger Finance and Encina Business Credit Announce the Closing of a $48.5 Million Revolver/Term Loan to Daytona Apparel Group

Tiger Finance and Encina Business Credit Announce the Closing of a $48.5 Million Revolver/Term Loan to Daytona Apparel Group

Tiger Finance and Encina Business Credit Announce the Closing of a $48.5 Million Revolver/Term Loan to Daytona Apparel Group
Capital infusion will support accelerated growth of Daytona’s platform of owned, licensed and private label offerings, as well as its expansion into adjacent product categories and direct-to-consumer platforms.
NEW YORK, May 13, 2021 /PRNewswire/ — Tiger Finance and Encina Business Credit have closed on $48.5 million in growth financing to Daytona […]

By David Flood

Industrial / News

Tiger Group Online Auction on May 20 Features Machining Centers, Industrial Robots and Other High-Utility Assets

FLORENCE, Ky., May 6, 2021 /PRNewswire/ — Tiger Group will begin accepting bids on May 13 for the May 20 online auction of the remaining assets from Eagle Manufacturing’s engine block-machining facility in Florence, Kentucky. The 300,000-square-foot metro Cincinnati plant was shuttered by parent company Linamar Corp. on April 19, 2021.

A wide […]

By David Flood

News / Retail

Stiffed Vendors Get Tough With U.S. Retailers After Big Losses

Stiffed Vendors Get Tough With U.S. Retailers After Big Losses
(Bloomberg) — As U.S. retailers celebrate a boom lifting one of the pandemic’s hardest-hit sectors, scars left by a year of bankruptcies and delayed vendor payments could threaten to undermine their recovery — just as the crucial back-to-school shopping season begins.

After watching their receivables mount last year, vendors of apparel and other goods demanded change. In […]

By David Flood

Corporate / News

Tiger Promotes Schloemer to Director of Business Development for Midwest

Tiger Promotes Schloemer to Director of Business Development for Midwest
April 21, 2021, 08:10 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 services industry was previously a Senior Associate in Tiger’s Valuation Services division.

Schloemer, who will […]

By David Flood

Industrial / News

Tiger Group to Auction Garment Printing Equipment from Gate NY

Tiger Group to Auction Garment Printing Equipment from Gate NY
Tiger Group is accepting bids for its April 15 online auction of assets from Holbrook, NY-based embroidery and garment-printing company Gate NY, which had been a drop-ship location for garment distributors from across the Northeast.
Highlights of the auction include screen-printing machines, flash cures, dryers, folders and accessories by brands such as MHM, M&R, Dane, Hix, Interchange, […]

By David Flood

Read more about the article Tiger Group Selling Robot-Automated Parts-Coating Lines and Other Assets Formerly Owned by Wheel Specialist Winona PVD Coatings

Industrial / News

Tiger Group Selling Robot-Automated Parts-Coating Lines and Other Assets Formerly Owned by Wheel Specialist Winona PVD Coatings

Tiger Group Selling Robot-Automated Parts-Coating Lines and Other Assets Formerly Owned by Wheel Specialist Winona PVD Coatings
Automotive or other operators that need to coat or wash parts can submit bids now for Winona’s adaptable lines; office, plant support and material-handling equipment also available
NEW YORK, March 22, 2021 /PRNewswire/ — Tiger Group is now accepting bulk offers for four robot-automated parts-washing, powder-coating and vacuum metallizing lines formerly […]

By David Flood

News / Retail

Tiger Capital’s Gail Glave on the Art of Liquidations

Tiger Capital’s Gail Glave on the Art of Liquidations
Beyond just putting up signs and accelerating markdowns, liquidations require analysis, a merchant’s perspective and store operations know-how.
By David Moin on March 23, 2021

The Tiger Capital Group is in the business of liquidating retailers — and sometimes rescuing them. “Liquidations are our bread and butter, along with asset-based appraisals. They work very well together,” said Gail Glave, managing director of the Tiger Capital Group. […]

By David Flood

Read more about the article Tiger Group Online Auction On March 30 Features Advanced Knitting, Dyeing And Finishing Equipment From Montréal-Based Tricots-Liesse

textile world

Industrial / News

Tiger Group Online Auction On March 30 Features Advanced Knitting, Dyeing And Finishing Equipment From Montréal-Based Tricots-Liesse

MONTRÉAL — March 16, 2021 — Tiger Group will begin accepting bids on March 23 for the March 30 online auction of assets from one of the best-known knitting, dyeing and finishing operations in the North American textile industry—the 250,000-square-foot Tricots-Liesse plant at 2125 Lily-Simon.

The auction represents a rare opportunity to acquire state-of-the-art […]

By David Flood

Finance / News

Andrew Cerussi Joins Tiger Financial as Managing Director

Andrew Cerussi Joins Tiger Financial as Managing Director
Andrew (Andy) Cerussi has joined Tiger Financial, LLC 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 asset-based lending and financial services industries will focus on identifying both secured debt financing and equity capital opportunities. Tiger […]

By David Flood

Read more about the article Tiger Group Online Auction on March 9 Features Heavy Equipment, Tools and Rolling Stock from Advanced Pavement Group

Industrial / News

Tiger Group Online Auction on March 9 Features Heavy Equipment, Tools and Rolling Stock from Advanced Pavement Group

Tiger Group Online Auction on March 9 Features Heavy Equipment, Tools and Rolling Stock from Advanced Pavement Group
With assets located in Pennsylvania, New York, New Jersey and Delaware, the online- only auction includes milling machines, loaders, sweepers, rollers, excavators, dozers, trucks, shop equipment, parts and more.
LOS ANGELES (3/1/21)—Tiger Group will begin accepting bids on March 2 for a March 9 online auction of heavy equipment, […]

By David Flood