Reich Brothers Holdings named Kyle Sligar president of Reich Brothers Business Solutions and hired new capital asset specialist, Don Tyson.

“These additions underscore our continued commitment to providing a singular point of contact for complex asset dispositions and liquidity enhancements for companies undergoing structural changes,” said Adam Reich, co-CEO of Reich Brothers Holdings.

Sligar will oversee the specialty finance arm the company, including heavy equipment lending and debtor-in-possession financing. He will be based out of the company’s New York headquarters.

Before joining Reich Brothers, Sligar was head of credit and portfolio risk management for Middle Market Finance and co-head of Credit for Asset Backed Finance with Citigroup Global Markets.

Previously, Sligar held credit risk management and underwriting roles within GE Commercial Equipment Financing and was the capital markets/securitization leader for GE Corporate Aircraft Finance. At GE, he won the GE Capital Finance Achievement Award for the development of the company’s first term securitization platforms for mid-ticket equipment loans and corporate aircraft loans.

“I am excited to join Reich Brothers Holdings, an innovative and well-respected industry leader known throughout North America,” said Sligar. “I look forward to building on the company’s ability to find and implement quick and creative solutions to the financial challenges faced by our clients.”

Tyson joins the Reich Brothers asset acquisitions division as a capital equipment specialist. He is responsible for the equipment valuation and project estimation. Tyson will open the company’s second West Coast office in northern California.

“Reich Brothers Holdings’ collective experience and expertise ensures that our clients are in the most capable hands across all our divisions – no matter the challenge,” Tyson said. “I am thrilled to be a member of this impressive team.”

Tyson brings more than 30 years of experience appraising various types of industrial machinery and equipment to Reich Brothers. He spent a majority of his career with Rabin Worldwide as senior vice president of appraisals and auctioneer. As one of the firm’s lead auctioneers, Tyson was involved with the auction process for all domestic transactions.

Reich Brothers Holdings is a specialized provider of capital asset solutions.