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.
rue21 amended its asset-based credit facility to increase availability to $155 million due 2025 led by Bank of America. The amendment includes an increase to the FILO loan through a joint partnership with Bank of America and Tiger Finance.
In its last online auction of the year, Tiger Group is selling digital cameras, lenses and accessories surplus to the continuing operations of Keslow Camera, a motion picture film and digital cinema camera rental company.
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.
During a retail-focused webinar hosted by Insolvency Insider, Bradley W. Snyder, executive managing director at Tiger Group, said Canadian mall owners are well-positioned to acquire key retail tenants in their portfolios in the months ahead.
In a three-day online auction event scheduled for Nov. 17-19, Tiger Group will be selling items from the recently closed Westbury National Show Systems, which was previously one of Canada’s largest full-service live event rental production companies.
Tiger Group will conduct an online auction on Nov. 12 of textile embellishment and warehouse equipment, blank inventories of apparel and hardgoods, and intellectual property of a wholesale supplier of custom-designed promotional products that is now winding down operations.
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.
Tiger Group will begin accepting bids on Sept. 15 for an online auction of Aprinta Group’s surplus assets, including equipment used for screen printing as well as manufacturing apparel and promotional products.
Tiger Group, in partnership with Liquidity Services and Perry Videx, is accepting immediate offers to purchase assets from two syringe-filling/sterile drug compounding plants that had been operated by PharMEDium, a manufacturer of ready-to-use compounded sterile preparations.