/PRNewswire/ Horizon Technology Finance Corporation (NASDAQ: HRZN) ("HRZN" or the "Company"), a leading specialty finance company that provides capital in.
/PRNewswire/ Horizon Technology Finance Corporation (NASDAQ: HRZN) ("HRZN" or the "Company"), a leading specialty finance company that provides capital in.
Tiger Finance Helps Fund Nogin s Acquisition of ModCloth
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NEW YORK, May 5, 2021 /PRNewswire/ Tiger Finance, an affiliate of Tiger Group today announced that it provided financing to support the April 2021 acquisition of digitally native fashion retailer ModCloth by Nogin, the market leader in outsourced e-commerce for major fashion and consumer product companies.
Tiger provided a $6 million term loan to Nogin to help fund its purchase of the ModCloth assets from brand investment platform Go Global Retail for an undisclosed sum. Additionally, Tiger Valuation Services is providing inventory analytics support to Nogin.
Nogin Acquires ModCloth From Go Global, Marking its Initial Native Brands Investment
Addition of digitally native fashion site adds to stable of leading brands in fashion, CPG, beauty, health and wellness industries whose online presence is managed by Nogin
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TUSTIN, Calif., May 5, 2021 /PRNewswire/
Nogin, the market leader in outsourced ecommerce for major fashion and consumer product companies, today announced that it had acquired the assets of
ModCloth, a digitally native retailer of unique women s fashion and accessories.
The Tustin-based company purchased the brand for an undisclosed sum from Go Global Retail. Since its founding in 2002, ModCloth has been dedicated to serving a full spectrum of women by celebrating their stories and offering a complete range of sizes of indie-inspired fashion.