Following private treaty bulk sales and auctions of assets from three of American Medical Depot’s six facilities, Tiger Group will host online auctions from Jan. 12 to Jan. 14 for the excess of $16 million in inventories plus other assets from the company’s three remaining locations.
Tiger Group will host online auctions on Dec. 2 and Dec. 16 for the remaining $7 million of its inventories of disposable and durable medical supplies plus other assets from two East Coast facilities operated by American Medical Depot, a distributor of medical equipment.
Tiger Group is accepting offers for bulk purchases of inventories from six facilities on the East and West Coasts operated by American Medical Depot, a distributor of medical equipment and supplies that is now winding down business.
American Medical Depot raised $85 million to refinance existing debt, fund market expansion and further growth in sales, marketing and technology. White Oak Healthcare Finance led the financing as sole lender and agent.