Tiger Group and Schneider Industries recently conducted an online auction of assets from a 30-barrel, semi-automated brewhouse in Eureka, CA, that generated proceeds 15% greater than the sale partners’ expectations.
Continuing its partnership with Keslow Camera, Tiger Group launched a ‘Buy Now’ online sale featuring more than 300 lots of digital cameras, lenses, monitors, matte boxes and gear accessories from the film and television industry equipment rental company.
Tiger Finance and Encina Business Credit closed on $48.5 million in growth financing for Daytona Apparel Group, a portfolio company of Windsong Global.
Tiger Group will begin accepting bids on May 13 for its May 20 online auction of the remaining assets from Eagle Manufacturing’s engine block-machining facility in Florence, KY.
Tiger Group promoted Eric Schloemer to director of business development. Schloemer will lead Midwest business development efforts for Tiger’s asset valuation practice, serving the asset-based lending, turnaround, private equity and investment banking communities.
Tiger Group is accepting bids for its April 15 online auction of assets from Holbrook, NY-based embroidery and garment-printing company Gate NY, which had been a drop-ship location for garment distributors from across the Northeast.
Tiger Group will hold an online auction of assets from Tricots-Liesse’s 250,000 square foot plant in Montreal on March 30. Tiger Group will begin accepting bids on March 23 for knitting, dyeing, finishing and other equipment from the plant.
Tiger Group’s commercial and industrial division posted company record sales of pro-grade audiovisual equipment in 2020.
Tiger Capital Group, Tiger Finance, SB360 Capital Group and Second Avenue Capital Partners provided a $25 million asset-based revolving credit facility to francesca’s in the company’s recent asset sale. The bankruptcy estates will be wound down through a liquidating plan.
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.