News

Niche Internet Brands Can Thrive by Merging with Larger Retailers

Niche Internet Brands Can Thrive by Merging with Larger Retailers
Turnaround and sale of Richer Poorer to francesca’s® points to a go-forward strategy for other e-tailers with strong followings and brands, says Tiger Group’s Ryan Davis.

NEW YORK – May 18, 2023 — Tiger Group’s turnaround and sale of California-based wardrobe essentials brand Richer Poorer to francesca’s® Acquisition LLC shows that merging with a larger platform is […]

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Francesca’s Acquires Los Angeles Brand Richer Poorer

Francesca’s Acquires Los Angeles Brand Richer Poorer
Specialty fashion retailer, Francesca’s announced on Tuesday the acquisition of California-based wardrobe essentials brand, Richer Poorer.

The Houston-based company, which operates the Francesca’s and Franki by Francesca’s stores, said the acquisition will place Richer Poorer under the Francesca’s Acquisition LLC umbrella as a wholly owned subsidiary. Financial terms of the deal were not disclosed.

The Richer Poorer buyout signals a shift in […]

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Asset-Based Lending Sector Needs to Embrace Data and AI

Asset-Based Lending Sector Needs to Embrace Data and AI
Adjusting to more complex datasets should be a top priority in asset-based lending now that AI is set to become a bigger factor in borrower health, advises Tiger Group Executive Managing Director Bradley W. Snyder.

In an April 5 Industry Insights column for ABL Advisor (“What Asset-Based Lending Can Learn from AI in the Grocery Sector”), Snyder points to OpenAI’s bombshell […]

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David A. Spehar Joins Tiger Group as Associate Director of Field Operations

David A. Spehar Joins Tiger Group as Associate Director of Field Operations
Longtime Tiger consultant brings 30 years of appraisal and disposition experience

New York – March 2, 2023 — David A. Spehar, a 30-year appraisal and disposition veteran whose work has encompassed over 350 companies and thousands of retail stores across North America, has joined Tiger Group as associate director of Field Operations.

Spehar’s new role includes […]

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Tiger Finance, Merchant Financial Group Provide $38MM in Growth Capital to Apparel Brand Arctix

Tiger Finance, Merchant Financial Group Provide $38MM in Growth Capital to Apparel Brand Arctix
Tiger Finance and Merchant Financial Group are partnering to provide $38 million in growth capital to Alpha 6 Distributions, creator of the Arctix winter apparel brand.

As the primary lender to Alpha 6, Merchant Financial Group tapped Tiger Finance to provide an additional $15.2 million in growth capital for the manufacturer, based in Locust Valley, NY. […]

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