News – Tiger Group

Tiger Finance Provides $102MM in Financing in Q1/24

Challenged specialty and apparel retailers top borrower list during busy first quarter

NEW YORK, April 2, 2024 — Tiger Finance’s lending platform continued to grow in the first quarter ended March 31, providing $102 million in financing to retail and other borrowers across North America.

“Women’s specialty apparel retailers, in particular, continue to be challenged and face pullback from national banks, which generally have a lower appetite for credit risk in the […]

By Tiger Group

Read more about the article Unused Packaging and Labeling Equipment Available in Exceptional Opportunity for Food, Pharma, Medical and Other Industries

Industrial / News

Unused Packaging and Labeling Equipment Available in Exceptional Opportunity for Food, Pharma, Medical and Other Industries

Tiger Group offers unused Formost Fuji flow wrappers and still-in-the-box Markem-Imaje high-performance transfer printers

FREDERICK, Md., March 28, 2024 /PRNewswire/ — Tiger Group is offering for immediate purchase unused packaging and labeling equipment from a shuttered pharmaceutical company.
“These useful machines are a great fit for a wide array of industries—not just pharmaceutical and medical but also food operators involved in everything from confectionery, bakery and frozen foods, to […]

By Tiger Group

Industrial / News

Tiger Group and AVGear.com Announce Inaugural Spring Pro AV Auction

Industry leaders come together to offer more than $5 million in professional audio-visual gear in a two-day online auction February 20-21, in Las Vegas

LOS ANGELES and LAS VEGAS, Feb. 8, 2024 /PRNewswire/ — Tiger Group and AVGear.com today announced a collaboration that will bring a wide array of new, refurbished and certified professional audio visual equipment to the market across North America and globally.

With decades of combined sales and service experience, Los Angeles-based Tiger and Las Vegas-based AVGear.com will be launching their […]

By Tiger Group

Industrial / News

Online Auction on Jan. 18 Features Like-New Equipment from Colorado ‘Green Hydrogen’ R&D Facility

In court-ordered bankruptcy sale, Tiger Liquidity Services Energy Partners offers assets and IP of renewable energy firm AquaHydrex.

LOUISVILLE, Colo., Jan. 9, 2024 /PRNewswire/ — A Jan. 18 online auction by Tiger Liquidity Services Energy Partners (TLSEP), a strategic alliance between Tiger Group and Liquidity Services, brings to market assets from AquaHydrex’s 32,000-square-foot, green hydrogen prototype and R&D facility near Denver.

Bidding opens at SoldTiger.com and AllSurplus.com at 10 a.m. (MT) on Thursday, Jan. 11. The event […]

By Tiger Group

Corporate / News / Retail

RST Brands Sells as Going Concern After Tiger Group Turnaround

Outdoor furniture company overcomes pandemic-era challenges with help from Tiger Advisory Services.

NEW YORK – December 13, 2023—Outdoor furniture company RST Brands has sold as a going-concern to Surya, the global household furnishings brand, in the latest turnaround by Tiger Group’s Advisory Services division.

“This strategic purchase will enable Surya to gain market share and strengthen its capabilities in outdoor furnishings,” said Surya President Satya Tiwari. “Combining […]

By Tiger Group

Industrial / News

Online Bankruptcy Auction Dec. 12 for Food Production, Processing and Packaging Equipment

The court-ordered sale features assets from Lemnature AquaFarms’ multimillion-dollar production and R&D plants.

VERO BEACH and FELLSMERE, Fla. — Food production, processing and packaging companies can grow their operations by acquiring new and like-new equipment in a Dec. 12 online auction by Tiger Group.

The court-ordered bankruptcy sale features assets from Lemnature AquaFarms’ multimillion-dollar production and R&D plants in Vero Beach and Fellsmere. The regenerative agriculture company produced plant-based […]

By Tiger Group

Industrial / News

Online Auction Features More than 1,000 Lots of Pro-Grade Production Rental Gear from North American Leader PRG

Tiger Group AV auction on Oct. 24 incudes digital cameras, lenses, lights, projectors, LED walls and much more.

LOS ANGELES – October 11, 2023 — In an October 24 online auction, Tiger Group once again is offering professional audio-visual gear from the existing inventories of production rental leader PRG.

The extraordinarily large sale of excess inventory to PRG’s ongoing operations includes:
• digital cameras
• lenses
• audio (including speakers […]

By Tiger Group

Corporate / News

Tiger Group Taps Industry Veterans for Strategy-Focused Advisory Board

Tiger Group announced the first four members of its newly launched Board of Advisors.

The board members, who provide advice and counsel but are not involved in Tiger’s day-to-day operations, held their inaugural meeting on August 29. They are Elaine Hughes, Irene Marks, Michael P. Muldowney and Daniel R. Schwarzwalder.

“Elaine, Irene, Michael and Daniel are respected subject matter experts with an impressive breadth of experience in areas […]

By Delphine Thierry

Corporate / News

Tiger Group Expands Field Examination Offerings by Hiring Houser-Rodriguez and Savage

Tiger Group expanded its field examination offerings for asset-based lenders by hiring Katherine Houser-Rodriguez and Stephen Savage as senior managing directors. Both Houser-Rodriguez and Savage have decades of experience in field examinations and related services.

Houser-Rodriguez has experience in structured finance, commercial finance, commercial banking, due diligence, regulatory/compliance matters and cash-flow lending. Most recently, she was partner of Infinity ABL Services, co-leading a team of quality third-party […]

By Tiger Group

Industrial / News

Tiger Group to Auction Inventory Worth Over $16MM in Closure of California EV Battery Plant

A Tiger Group Online auction on September 7 features thousands of lithium-ion battery cells from Romeo Power’s 215,000-square-foot EV battery assembly plant in Cypress, along with industrial assets such as robots, CNC machines, assembly and testing equipment, and the company’s intellectual property.

“Available turnkey or in combinations of bulk lots, Romeo Power’s IP and other assets represent a tremendous opportunity for industrial manufacturers, EV battery assemblers, automotive […]

By Tiger Group