#USA #Los Angeles #Tiger Group #manufacturing equipment #Precision Machinery

Tiger Group Seals $6 Million Equipment Sale

On September 16, 2026, in a noteworthy transaction, Tiger Commercial & Industrial (C&I), a division of Tiger Group, successfully completed a sale of high-precision machinery and equipment, totaling approximately $6 million. This sale, involving assets from Lor-Van Manufacturing and Apex Machining, aims to generate recoveries for secured creditors, lessors, and other stakeholders involved in the assets.

The assets, which were stored in Santa Clara, encompassed a wide range of machining, fabrication, and inspection machinery, as well as warehouse support equipment, raw materials, and vehicles. Notable items included CNC machining centers, automated pallet systems, CNC lathes, fiber laser cutting equipment, RoboDrills, and Coordinate Measuring Machines (CMM) used for inspections.

Prominent manufacturers featured in this sale included Makino, Yasda Precision Tools, Mori Seiki, Haas, Fanuc, Amada, Kitamura, Haeger, Kaeser, and Mitutoyo. Among the most significant assets sold was a Makino automated machining cell, which consisted of two A51NX horizontal machining centers, fetching a price of over $600,000.

Jonathan Holiday, Senior Director of Tiger C&I, emphasized the complexity of the sale. “Our team was on the ground identifying, cataloging, and segregating machinery and equipment with multiple ownership and creditor interests. We worked closely with legal counsel to ensure a smooth coordination of the assets into a single sale,” Holiday stated. Tiger leveraged its proprietary database of qualified buyers to connect them quickly with the specialized equipment they required, showcasing their commitment to facilitating efficient transactions.

By employing a coordinated approach, Tiger Group was able to navigate the intricacies of this industrial plant’s disposition effectively, maximizing potential recoveries for all stakeholders involved. The highly experienced asset-monetization team applied their knowledge of machine tools and heavy industrial equipment throughout the sale process, overseeing the cleaning and preparation of the machinery, inspections, rigging, insurance, and exit checkout in an orderly manner. Holiday noted, “Disciplined execution was critical to the assignment, contributing to our overall success.”

Overall, this successful sale illustrates Tiger Group's strategic prowess in asset disposition within the manufacturing sector. It represents a significant achievement not just for the company but also for the many stakeholders who benefited from this transaction, reaffirming the effectiveness of their operational practices and essential partnerships within the industry. The transaction stands as a testament to Tiger Group's ongoing capabilities in managing complex equipment sales and enhancing value recovery for their clients.