Tiger Finance

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 […]

Tiger Finance Helps Fund Nogin’s Acquisition of ModCloth

Tiger Finance Helps Fund Nogin’s Acquisition of ModCloth
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 companies.
Tiger provided a $6 million term loan to Nogin to help fund its purchase of the ModCloth assets from brand investment platform Go […]

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.

Andy Cerussi, Managing Director, Tiger Finance

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 […]

Francesca’s Clothing Chain Approved for Bankruptcy Sale

Francesca’s Clothing Chain Approved for Bankruptcy Sale
The buyers of Francesca’s remaining specialty retail business will keep at least 275 of its boutiques open, and retain the management team and nearly all other employees
By Aisha Al-Muslim
Jan. 21, 2021 5:25 pm ET

Specialty retailer Francesca’s Holdings Corp. has won court approval to sell its remaining business out of bankruptcy to a group of buyers that plan to keep […]

Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process 

Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process
Houston-based specialty apparel retailer Francesca’s Holding Corp. is one step closer to selling its business to a private investor.
Copyright 2021 Houston Business Journal. All Rights Reserved.

The U.S. Bankruptcy Court fo the District of Delaware has approved the company’s auction process, Francesca’s announced Jan. 8. Bids are due by 4 p.m. Eastern Time on Jan. 13, […]