Does the Current ‘Logistics Nightmare’ Have a Surprising Upside?

Does the Current ‘Logistics Nightmare’ Have a Surprising Upside?
Could today’s global supply chain disruption contain some good news for asset-based lenders? That may seem like a counterintuitive question given that the current inventory crunch — supplies have dropped to levels not seen since just after the Great Recession — has led many borrowers to massively downsize their ABL lines. In addition, many of these companies […]

Tiger Promotes Schloemer to Director of Business Development for Midwest

Tiger Promotes Schloemer to Director of Business Development for Midwest
April 21, 2021, 08:10 AM

Eric Schloemer has been promoted to Director of Business Development for Tiger Group, which specializes in a variety of asset dispositions and valuations, as well as secured debt financing and equity investments. The 14-year veteran of the financial services industry was previously a Senior Associate in Tiger’s Valuation Services division.

Schloemer, who will […]

Metropolitan Furniture closing last Houston store

Metropolitan Furniture closing last Houston store
E-commerce disruption, national competitors played into retreat
By Clint Engel

HOUSTON — Metropolitan Furniture here is closing its flagship and only remaining store here after 73 years in business. The family-owned retailer, founded by brothers Harry, Sammy and Hymie Abramson in 1946, hired Tiger Capital Group to run the Going-out-of-Business sales at its 60,000-square-foot showroom at 7400 North Freeway in Houston.

Most recently […]

Complete Biofuel Technology Operation in Texas Up for Turnkey Sale or Piecemeal Bids at Auction

Complete Biofuel Technology Operation in Texas Up for Turnkey Sale or Piecemeal Bids at Auction
PASADENA, Texas, April 25, 2019 /PRNewswire/ — Tiger Group and Federal Equipment Co. will conduct an online auction of the complete assets formerly owned by biofuel technology company Inaeris Technologies on May 9. The professionally maintained assets include main, demonstration and pilot plants, along with intellectual property, research and development lab assets and more. […]

Late-Model Truck And Trailer Fleet Up For Auction In Canada

Late-Model Truck And Trailer Fleet Up For Auction In Canada
Tiger Group, Liquidity Services to sell 160 units of truck tractors, refrigerated and dry trailers, and other rolling stock formerly owned by Terra Nova Transport in an online auction on www.Go-Dove.com

BOUCHERVILLE, Quebec, April 23, 2019 /CNW/ — By order of the Quebec Superior Court, Tiger Group and Liquidity Services are conducting an online-only auction of a large fleet of […]