Tiger Finance and Encina Business Credit Announce the Closing of a $48.5 Million Revolver/Term Loan to Daytona Apparel Group Capital infusion will support accelerated growth of Daytona’s platform of owned, licensed and private label offerings, as well as its expansion into adjacent product categories and direct-to-consumer platforms. NEW YORK, May 13, 2021 /PRNewswire/ — Tiger Finance and Encina Business Credit have closed on $48.5 million in growth financing […]

Francesca’s Clothing Chain Approved for Bankruptcy Sale The buyers of Francesca’s remaining specialty retail business will keep at least 275 of its boutiques open, and retain the management team and nearly all other employees By Aisha Al-Muslim Jan. 21, 2021 5:25 pm ET Specialty retailer Francesca’s Holdings Corp. has won court approval to sell its remaining business out of bankruptcy to a group of buyers […]

Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process Houston-based specialty apparel retailer Francesca’s Holding Corp. is one step closer to selling its business to a private investor. Copyright 2021 Houston Business Journal. All Rights Reserved. The U.S. Bankruptcy Court fo the District of Delaware has approved the company’s auction process, Francesca’s announced Jan. 8. Bids are due by 4 p.m. Eastern Time […]

Retailer rue21 Enters Deal With Bank of America to Retire Debt, Extend Credit Agreement Specialty retailer rue21 (r21 Holdings, Inc.) announced that its strong financial position has enabled it to refinance its existing term loan, increase available liquidity and lower its cost of capital. rue21 amended its asset based credit facility to increase availability to $155mm due 2025 led by Bank of America, N.A. The […]

Tiger Finance Provides Nu-Steel Trade With $10MM in Growth Capital Tiger Finance, a wholly owned affiliate of  Tiger Capital Group closed on a $10 million delay draw term loan to Nu-Steel Trade that provides working capital for growth and acquisition opportunities. “Nu-Steel is thrilled with the opportunity to partner with Tiger on the growth of our business,” Larry Dobos, CEO and president of the global […]

Tiger Group MD Named to SFNet’s ‘40 Under 40’ Ryan Davis, Managing Director of Valuation Services at Tiger Group, has been named a ‘40 Under 40’ recipient in the 2020 awards program from The Secured Finance Network (SFNet), the professional association of the secured lending industry. “The SFNet 40 Under 40 Awards, established in 2016, celebrate the achievements of young professionals in the secured finance […]

Brand-investment platform Go Global Retail has completed its purchase of digitally native fashion retailer, Modcloth, from Walmart. Go Global officially closed on the deal for the online women’s retailer — which carries a range of women’s indie and vintage clothing, shoes, handbags and accessories — on January 27, after receiving financing from Tiger Capital Group. According to Jeff Streader, managing director of Go Global, the […]

Tiger Group Sells Stake in BikeCo, LLC to Advanced Holdings Co., Leaving Recapitalized Wholesale Distributor Positioned for Growth PHILADELPHIA, Oct. 2, 2019 /PRNewswire/ — Less than a year after co-leading the acquisition of the wholesale bicycle operations of Advanced Sports Enterprises (ASE) in bankruptcy court, Tiger Capital Group has sold its stake in the newly formed BikeCo, LLC to joint venture partner Advanced Holdings Co. Ltd. […]

New owners say they are committed to running ASI wholesale business by Stephen Frothingham PHILADELPHIA (BRAIN) — Part of the group that has agreed to purchase the assets of Advanced Sports Enterprises said Tuesday that they are committed to operating ASE’s wholesale business, Advanced Sports Inc., and will continue selling ASI’s brands including Fuji, Kestrel, SE, Breezer, Tuesday and component brand Oval Concepts. “We are […]

Tiger Capital joins Norwegian group, invests in Permian pumper Through a $5 million capital infusion, Norwegian private equity firm Norse Partners and the founders of Commander oilfield services will grow again. Tiger Capital Group, based in Houston, is providing the Permian-focused pressure pumper with money to acquire additional assets. The funds will be used to purchase equipment in high-pressure pumping operations, ranging from 2,600 hp […]

Tiger Capital Group Provides Capital Infusion to Commander Oilfield Services NEW YORK Aug. 21, 2018 /PRNewswire/ — Tiger Capital Group announced that it has provided Commander Oilfield Services, LLC (“Commander”) with a $5 million capital infusion that allows the company to add premium assets and expand its service lines to meet strong customer demand in the Permian Basin. Commander, which was formed by Scott Milliren, Kyle […]