TSL Express Daily News
The Secured Lender
SFNet's 40 Under 40 Awards Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
July 10, 2024
Source: Tiger Group
Tiger Group division collaborates with athleisure brand’s management team to focus on company’s core strengths prior to successful transaction
NEW YORK – July 10, 2024 — Tiger Group’s Advisory Services division has facilitated the sale of athleisure lifestyle brand Outdoor Voices to consumer-focused investment manager Consortium Brand Partners.
After encountering financial distress, Outdoor Ventures engaged Tiger for a two-step process. The first was to provide strategic advice on how to best monetize excess inventory and restructure the company; Tiger would then act as the exclusive agent in a post-restructuring sale process.
“We saw immediately that Outdoor Voices had a very strong core business and culture—not only product development, but also the brand and the team,” said Tiger Group Executive Managing Director Ryan Davis, leader of Tiger’s Advisory Services division.
Tiger’s thorough marketing campaign resulted in numerous offers, from both strategic and financial investors. “We’re very pleased with this result,” Davis said. “The strategic realignment and sale to leader and innovator Consortium has positioned Outdoor Voices for strong growth moving forward.”
The transaction is Consortium Brand Partners’ second acquisition, following its announcement of a majority stake in Reese Witherspoon’s fashion & lifestyle brand, Draper James in September 2023.
“With a growth strategy and global expansion plan in place, CBP will focus on preserving and amplifying the three core pillars upon which Outdoor Voices founder Tyler Haney built the company: People, Planet and Product,” said Cory M. Baker, Founder and Managing Partner of Consortium Brand Partners. “This commitment aligns with our core values and further adds to its culture of building strong relationships across our partners and global distributors.”
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Media Contacts: At Jaffe Communications, Elisa Krantz, (908) 789-0700, elisa@jaffecom.com.
NEW YORK – July 10, 2024 — Tiger Group’s Advisory Services division has facilitated the sale of athleisure lifestyle brand Outdoor Voices to consumer-focused investment manager Consortium Brand Partners.
After encountering financial distress, Outdoor Ventures engaged Tiger for a two-step process. The first was to provide strategic advice on how to best monetize excess inventory and restructure the company; Tiger would then act as the exclusive agent in a post-restructuring sale process.
“We saw immediately that Outdoor Voices had a very strong core business and culture—not only product development, but also the brand and the team,” said Tiger Group Executive Managing Director Ryan Davis, leader of Tiger’s Advisory Services division.
Tiger’s thorough marketing campaign resulted in numerous offers, from both strategic and financial investors. “We’re very pleased with this result,” Davis said. “The strategic realignment and sale to leader and innovator Consortium has positioned Outdoor Voices for strong growth moving forward.”
The transaction is Consortium Brand Partners’ second acquisition, following its announcement of a majority stake in Reese Witherspoon’s fashion & lifestyle brand, Draper James in September 2023.
“With a growth strategy and global expansion plan in place, CBP will focus on preserving and amplifying the three core pillars upon which Outdoor Voices founder Tyler Haney built the company: People, Planet and Product,” said Cory M. Baker, Founder and Managing Partner of Consortium Brand Partners. “This commitment aligns with our core values and further adds to its culture of building strong relationships across our partners and global distributors.”
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Media Contacts: At Jaffe Communications, Elisa Krantz, (908) 789-0700, elisa@jaffecom.com.
