Bannon joins liquidator Tiger Group
NEW YORK — Industry veteran Mark Bannon has joined liquidator, lender and turnaround specialist Tiger Group as director of furniture solutions as it looks to expand its services to the industry.
In the newly created position, Bannon will direct new business development and strategic client relations within Tiger’s retail and wholesale turnaround and asset disposition operations, focusing on the home furnishings industry.
He brings more than 30 years of industry experience, in retail liquidation and acquisition negotiation, most recently as CEO of International Retail Group since 2015. There, he directed deal negotiations, as well as corporate and field operations, for home furnishings clients throughout North America.
Prior to that, Bannon was president and managing partner of Boyles Brand Acquisition, spearheading the acquisition of the intellectual property rights of the high-end Boyles furniture brand by partners of Planned Furniture Promotions. He spent more than 20 years at PFP, including as a partner and senior vice president.
His clients have included ABC Carpet & Home, American Home, Gorman’s Home Furnishings, Hitchcock Furniture, Kittle’s Furniture, Levitz, Oskar Huber, Mastercraft Interiors, Rhodes, Room Store and Wickes, according to a release.
“Mark comes with impeccable credentials to fill this important new role,” said Tiger Chief Operating Officer Michael McGrail. “His extensive experience will be invaluable as we look to expand our work in the home furnishings sector beyond asset appraisals and dispositions to include turnarounds and workouts.”