Pilot Wave Holdings

Parameters

$20MM Growth Financing

Situation

Pilot Wave E-Commerce Holdings, LLC (PWE) is a consumer goods subsidiary of Pilot Wave Holdings, which acquires established businesses and implements proprietary analytics to ramp up their performance. PWE’s current facility with a local bank undervalued their Amazon Inventory and Amazon Receivables, and they sought a more dynamic structure.

Tiger’s Role

Tiger’s broad experience valuing, liquidating, and lending on Amazon Inventory and Receivables led to a natural fit with PWE to provide a flexible facility which traditional lenders would not accommodate.

Resolution

Tiger provided a $20MM credit facility, providing a flexible structure to support PWE’s data-driven approach to acquiring, operating, and scaling e-commerce businesses. The credit facility was comprised of a $10MM term loan with an accordion of up to $10MM.