Machinery and equipment disposition veteran John Coelho has joined Tiger Group as senior vice president, Remarketing Services. He will be based in the asset valuation, disposition and advisory services firm’s Boston office.
In the newly created position, Coelho will direct the division’s diversified service offerings, including live and online auctions, sealed bid and private treaty sales. He reports to Remarketing Services Division President, Jeff Tanenbaum.
Coelho comes to Tiger Group with over 25 years of experience in the sales and valuation of machinery, equipment, IT/network assets, retail systems/fixtures and industrial/consumer inventories.
Most recently, he was a Principal of Rockaway LLC, a commercial asset recovery firm located in Marblehead, MA. Previously, Coelho spent 12 years at Gordon Brothers Group, where he became a principal and managing director in the company's industrial division, and directed commercial and industrial appraisals and dispositions. He also founded the Boston-based firm’s retail furniture, fixtures and equipment division. His valuation and asset management career began in 1989 with The Recovery Group, where he served as an Asset Disposition/Appraisal Agent until 1995.
A resident of Marblehead, Mass., Coelho earned a BSBA degree in Finance from the University of Denver.
“John’s diverse background and intelligent approach to asset recovery is an ideal fit for our rapidly growing division,” said Tanenbaum. “Tiger’s active involvement in complex transactions – incorporating equipment, inventories, receivables, real estate and intellectual properties – requires a broad, high level of experience unique to a small circle of individuals. John’s expertise and ability to execute our solutions will be tremendously beneficial to our clients.”
Tiger Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 40 years of experience and significant financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger’s seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, provide capital or convert assets to capital quickly and decisively. Tiger’s collaborative, straight-forward approach is the foundation for its many long-term ‘partner’ relationships and decades of success. Tiger operates main offices in Boston, Los Angeles and New York.