Daily News: December 14, 2012

Tiger Group Auctions Runway Services Equipment


Tiger Group’s Remarketing Services division is auctioning a wide array of specialized trucks, trailers and other equipment used to support airport runway-cleaning operations, but with applications for other businesses and municipalities.

Conducted by order of the secured lender, the online sale features the former assets of Tustin, CA-based Runway Services International. Bidding is now underway and will close on Dec. 19.

“This sale will certainly be of interest to airports and companies that provide runway-cleaning services,” noted Jeff Tanenbaum, president of Tiger Remarketing Services. “However, the trucks, tractors, compressors and even a street-sweeper being auctioned could also be quite valuable to municipalities and businesses with specialized needs.”

Tiger Group provides advisory, restructuring, valuation, disposition and auction services within a broad range of retail, wholesale and industrial sectors.