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Zacky Farms


Situation

The lenders and company sold the assets in a 363 sale to Tiger.


Tiger’s Vision

Tiger placed a competitive market bid for the company’s Machinery and Equipment assets at five plants and 19 ranch/farm locations in California.

A live online auction was then held for more than 200 units of well-maintained rolling stock and farm equipment — as new as 2016 — including truck and farm trac-tors, poultry haulers, feed trailers, water trucks, pickup trucks and more.

Tiger followed that sale with a separate, two-day live online auction for Zacky Farms’ poultry processing operations including slaughter, whole bird packaging, boning, and hot dog processing facilities.


Outcome

Tiger sold one plant in bulk to a poultry processor and sold the remaining assets in a series of subsequent auctions.