News

Assets from former ECS Refining plant in California up for bid

Assets from former ECS Refining plant in California up for bid
Buyers can acquire processing equipment from ECS’ former Stockton, California, plant turnkey or piecemeal.
Tiger Group, headquartered in New York, in partnership with Aaron Equipment, Rosen Systems and Perry Videx, says it is accepting bids for ECS Refining’s former recycling plant on South Sinclair Avenue in Stockton, California.

ECS filed for Chapter 11 bankruptcy protection in 2018 and […]

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In a Pandemic, Food, Booze and Guns Retain Value Best

In a Pandemic, Food, Booze and Guns Retain Value Best
Apparel, accessories and footwear are riskier assets to finance, liquidation firm Tiger Capital Group finds
By Aisha Al-Muslim

Updated May 6, 2020 8:03 am ET

Loans backed by food, alcohol and guns are holding up better than debt tied to other merchandise as shoppers increasingly turn to these goods amid coronavirus social-distancing restrictions.

Purveyors of food and beverages such as supermarkets, […]

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Tiger Group Attained New Highs in Numbers of Bidders for March Online Auctions of Professional A/V Equipment

Tiger Group Attained New Highs in Numbers of Bidders for March Online Auctions of Professional A/V Equipment
LOS ANGELES (5/4/20) –Indicative of how online auctions can be an effective and safe way to market select commercial and industrial assets during the COVID-19 pandemic, Tiger Group reported that it attained new highs in the numbers of bidders during two sales it held in March for surplus professional-grade […]

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Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19

Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19

NEW YORK, April 22, 2020 /PRNewswire via COMTEX/ — NEW YORK, April 22, 2020 /PRNewswire/ — COVID-19 will cause a huge spike in asset dispositions across multiple sectors once the economic recovery begins, advised Dan Kane, Co-Founder and Managing Member of Tiger Capital Group, in a podcast interview with The […]

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Tiger Group Issues Risk Assessment for 29 Consumer Industries Impacted by COVID-19

Tiger Group Issues Risk Assessment for 29 Consumer Industries Impacted by COVID-19

Taking into account the economic impact of the COVID-19 pandemic, Tiger Group’s Valuation Services Division has issued risk assessment guidance for asset-based lenders on a wide range of consumer goods categories.
Among the 29 categories analyzed in a study posted on the asset appraisal, disposition and financial service’s firm’s website, three  (10.3%) were rated high […]

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