Tiger Capital Group and Great American Group have been chosen to assist outdoor specialty retailer Gander Mountain in the closure of 32 under-performing locations across the U.S.

The St. Paul, MN-based retailer, which filed for Chapter 11 bankruptcy protection on March 10, 2017 in the U.S. Bankruptcy Court for the District of Minnesota, received court approval to launch the liquidation sales while pursuing a going-concern sale of its remaining assets. The inventory liquidation sales in the 32 closing locations were said to be valued at approximately $100 million. Furniture, fixtures and equipment will also be on sale as part of the liquidation event.

“For outdoor enthusiasts, these 32-store closing sales represent an extraordinary opportunity to find an amazing array of brand-name merchandise at significant discounts,” said Michael McGrail, COO of Tiger Capital Group. “Outdoor sportsmen and women will not want to miss these historic sales.”

“Gander Mountain is well-known for carrying today’s most sought-after brands,” said Scott Carpenter, president of GA’s Retail Solutions division. “Many of these brands are rarely, if ever, discounted, so shoppers will want to come in early to take advantage of these sales while selection lasts.”

Related stories:
Wells Provides DIP Financing For Gander Mountain