American Medical Depot auctions inventory

Monday, November 23, 2020

NEW YORK – Tiger Capital Group, a financial services firm providing assets appraisal, liquidation exits and inventory auctions, will conduct online auctions in December for the remaining $7 million in inventory, plus other assets, from two East Coast facilities operated by American Medical Depot, a distributor of medical equipment and supplies that is closing. Tiger Capital will conduct auctions for the assets of the company’s 30,500-square-foot facility in King of Prussia, Pa., and 77,500-square-foot facility in Tampa on Dec. 2 and 16, respectively. These auctions follow a previous auction on Nov. 13 for AMD’s assets from a facility in Vernon, Calif. Items up for bid range from PPE to medical gloves to catheters from manufacturers like 3M, Medline and Becton Dickinson.