NEW YORK CITY — March 3, 2011 — Asset valuation and disposition leader, Tiger Group, announced
Thursday its acquisition of the assets of Melville, N.Y.-based Daley-Hodkin Group, a firm
specializing in appraisals of machinery and equipment as well as fully-integrated asset disposition
services.
The transaction is expected to significantly enhance Tiger’s growing footprint and reinforce
its service offerings within the industry.
“This is an important deal as Tiger Group strives to remain the most integrated valuation and
asset disposition team in North America. In particular, we expect the acquisition of
Daley-Hodkin to strengthen our offerings to clients in need of machinery and equipment appraisal
and auction services,” said Tiger Principal, Dan Kane.
Daley-Hodkin’s operations will be relocated to Tiger’s Midtown Manhattan offices later this
month.
“We are very excited about this opportunity to join one of the most respected valuation and
disposition firms in the country,” said Daley-Hodkin President, Morris Hodkin. “We look forward to
integrating our decades of experience selling and valuing machinery and equipment and wholesale
inventories into Tiger’s operations to further solidify the company’s offerings and professional
expertise.”
Joseph Hodkin announced his retirement upon completion of the acquisition. Morris Hodkin will
be spearheading the Daley-Hodkin integration into Tiger Group.
Posted on March 8, 2011
Source: Tiger Group
