Archives

Parameters FILO Term Loan: $25.0MM Situation The Company engaged an advisor to run a process for a refinance of the existing bank revolver. On top of the refinance, the Company was looking for an incremental facility to provide more liquidity. ... Read More

Parameters Revolving FILO Credit Facility: $25.0MM (up to $40.0MM) Situation The legendary musical instrument company was in the market for incremental committed capital to offset the risk posed by rising tariffs and softer demand in their industry. Tiger Valuation Services ... Read More

Parameters Delayed Draw FILO Term Loan: $15.0MM Situation Orvis, the iconic outdoor lifestyle brand, sought incremental committed capital to enhance liquidity and provide additional financial flexibility amid ongoing operational challenges and performance uncertainty. Tiger’s Role Facing continued performance headwinds, the ... Read More

Parameters $27.5MM revolving credit facility and bridge loan. Situation Twin-Star International is a leading wholesale and e-commerce furniture manufacturer with a diversified product offering and national distribution footprint. PNC Bank served as the company’s asset-based lender, providing working capital to ... Read More

Parameters Term Loan: $25.0MM, All asset lien Situation Beachbody (BODi) is a digital fitness and nutrition company offering subscription-based workout programs and nutritional products directly to consumers. Post-COVID shifts in consumer behavior reduced subscribers and profitability, prompting the Company to ... Read More

Parameters Revolver: $13.75MM Term Loan (all asset lien) Situation Due to Covid, Laney Directional Drilling had significantly missed sales plans and was underperforming. The Company’s existing facility with a senior bank group was in workout with the debt coming due, ... Read More

Parameters $17.2MM Term Loan; 1st on Real Estate Situation Velocity Ventures had purchased a neighboring property from one of Tiger’s borrowers in the last two years. Assets were being auctioned off through a 363 process, including a piece of property ... Read More

Parameters FILO Term Loan: $10.0MM ($6.5MM Tranche A / $3.5MM Tranche B) Situation Merit Brass is a U.S.-based distributor and manufacturer of pipe fittings, valves, and related components serving industrial, plumbing, HVAC, and oil & gas markets through a nationwide ... Read More

Parameters JV Supplementary Inventory; Consignment Augmentation Situation Prior to Sports Authority’s bankruptcy filing, Tiger Capital was approached by PJT Partners to help their clients, the Junior Secured Term Lenders, better understand both the operating and liquidation options available to Sports ... Read More