As PRG prepares for the full reopening of the industries it serves, it enlisted Tiger Group to auction select live event and production-ready audiovisual gear from its existing rental inventories.
Motivated bidders drove robust results in a recently-held online auction of foreclosed assets from a CBD processor’s facility in Cadiz, KY. Tiger Group sold the processing, lab and material-handling equipment assets, while Tranzon Asset Advisors liquidated the real estate.
In its latest sale for a North American production rental company, Tiger Group will be staging a timed online auction on Aug. 24 for more than 200 lots of professional grade digital cameras, lenses, projectors, memory and other gear accessories from a North American production rental company.
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.