News – Page 18 – Tiger Group

Tiger Group to Auction Professional AV Gear from Camera Division, Cinema Verde

Tiger Group to Auction Professional AV Gear from Camera Division, Cinema Verde
Surplus professional AV production gear from equipment rental and production houses The Camera Division and Cinema Verde Productions are hitting the block on June 16 in a combined online-only auction conducted by Tiger Group.

The sale will feature cameras, lighting, heads, matte boxes, jib arms monitors, electrical and grip equipment, a production truck, and an […]

By David Flood

Industrial / News

Tiger Liquidity Services Warns of Risks of Excess Assets in Biopharma Sector

Tiger Liquidity Services Warns of Risks of Excess Assets in Biopharma Sector
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 biopharma/pharmaceutical space

Tiger Liquidity Services Biopharma Partnership has issued a primer on how investors and lenders can bolster the position of biopharmaceutical firms by leveraging asset […]

By David Flood

Industrial / News

Tiger Group Selling Surplus Equipment from Ongoing Operations of Leading CBD and Cannabis Manufacturer

Tiger Group Selling Surplus Equipment from Ongoing Operations of Leading CBD and Cannabis Manufacturer
Sale features late-model M&E for use in cannabis, biopharma and other industries from facilities in Arizona, Florida and Nevada.

Tiger Group is now liquidating well-maintained, late-model machinery and equipment surplus to the ongoing operations of a leading dispenser and manufacturer of Cannabidiol (CBD) products, with a range of value-add uses in the cannabis […]

By David Flood

Industrial / News

Assets from former ECS Refining plant in California up for bid

Assets from former ECS Refining plant in California up for bid
Buyers can acquire processing equipment from ECS’ former Stockton, California, plant turnkey or piecemeal.
Tiger Group, headquartered in New York, in partnership with Aaron Equipment, Rosen Systems and Perry Videx, says it is accepting bids for ECS Refining’s former recycling plant on South Sinclair Avenue in Stockton, California.

ECS filed for Chapter 11 bankruptcy protection in 2018 and […]

By David Flood

News / Retail

In a Pandemic, Food, Booze and Guns Retain Value Best

In a Pandemic, Food, Booze and Guns Retain Value Best
Apparel, accessories and footwear are riskier assets to finance, liquidation firm Tiger Capital Group finds
By Aisha Al-Muslim

Updated May 6, 2020 8:03 am ET

Loans backed by food, alcohol and guns are holding up better than debt tied to other merchandise as shoppers increasingly turn to these goods amid coronavirus social-distancing restrictions.

Purveyors of food and beverages such as supermarkets, […]

By David Flood

Industrial / News

Tiger Group Attained New Highs in Numbers of Bidders for March Online Auctions of Professional A/V Equipment

Tiger Group Attained New Highs in Numbers of Bidders for March Online Auctions of Professional A/V Equipment
LOS ANGELES (5/4/20) –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 March for surplus professional-grade […]

By David Flood

Read more about the article Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19

News / Retail

Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19

NEW YORK, April 22, 2020 /PRNewswire via COMTEX/ — NEW YORK, April 22, 2020 /PRNewswire/ — COVID-19 will cause a huge spike in asset dispositions across multiple sectors once the economic recovery begins, advised Dan Kane, Co-Founder and Managing Member of Tiger Capital Group, in a podcast interview with The […]

By David Flood

News / Retail

Tiger Group Issues Risk Assessment for 29 Consumer Industries Impacted by COVID-19

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 study posted on the asset appraisal, disposition and financial service’s firm’s website, three (10.3%) were rated high […]

By David Flood

News / Retail

A Tsunami of Bankruptcies are About to Wash Away America’s Retail Sector

As the coronavirus pandemic keeps America’s retail stores closed, Michael McGrail is gearing up for what is shaping up to be a busy summer of running going out of business sales at some very prominent chains.
“Some companies are just not going to survive this,” says McGrail, who is the COO of one of the […]

By David Flood

News / Retail

Modell’s Files For Bankruptcy, Tiger To Liquidate

Modell’s Files For Bankruptcy, Plans To Liquidate

Modell’s Sporting Goods filed for Chapter 11 bankruptcy protection in New Jersey.
The family-owned retail chain will begin liquidation sales in all stores and plans to continue its online sales during the process.

Fourth-generation Owner Mitchell Modell had tried to line up support with its stakeholders to keep the chain out of court, including vendors and lenders, but ultimately fell short. […]

By David Flood