Tiger Group offers more than 15,000 assets from seven former Pacific theaters
New projectors, amps, monitors, processors, speakers and other equipment, even entire theaters, are available at SoldTiger.com; the operators have already recovered the former sites of the bankrupt cinema chain in Chicago and Pasadena, California
LOS ANGELES, March 28, 2022 /PRNewswire/ — Theater owners, live event production companies and rental houses will find a huge selection of gear and equipment (over 15,000 items in all) Tiger Group liquidates the assets of seven former Pacific Theaters Locations.
“This is one of the biggest liquidations of a cinema chain in North Americaoffering a wide range of equipment in excellent condition,” noted jonathan vacationDirector of Business Development, Tiger Commercial & Industrial.
Pacific Theaters operated movie theaters across United States before filing for Chapter 7 bankruptcy following the Covid-19 lockdowns. Working on behalf of the secured lender, Tiger Group recently sold 99% of hundreds of assets from an initial group of closed Pacific Theaters sites.
In this latest sale, the equipment available comes from locations in Bethesda, Marylandas good as California cities of El Segundo, LaJolla, Lakewood, Northridge, santa monica and Sherman Oaks. Together, these former Pacific theaters feature a total of 94 screens.
“After a very successful auction of assets located at Los Angeles and BostonTiger’s commercial and industrial team is pleased to have been selected by the secured lender to sell the remaining nine theater assets,” said Holiday. “This number has just been reduced to seven locations after sites in Pasadena, Californiaand Chicago were bought in bulk for the reopening. We are offering the remaining assets individually, but buyers can also acquire complete theaters to reopen for moviegoers.”
Immediate sale is already in progress on SoldTiger.com.
The equipment offered includes:
- digital and cinema projectors
- speakers (including more than 3,000 JBL speakers, various models)
- integrated media blocks
- cinema servers, monitors and processors
- theater seats (over 25,000, various styles)
- concession material
- point of sale systems, and more
Brands include Christie, NEC, GDC, QSC, JBL, Samsung and Touch Systems, to name a few. Projection aid accessories, battery backup systems, bar/kitchen equipment and computers/servers are also offered.
To arrange an inspection or obtain other information, send an e-mail to: [email protected] or call (805) 497-4999.
For asset photos, descriptions, auctions and other information, visit
Media contacts: To Tiger’s Commercial and Industrial Division, jonathan vacation(805) 367-3893,
[email protected]; at Jaffe Communications, Elisa Krantz(908)-789-0700,
[email protected]Where Bill Parness, [email protected].
SOURCE Tiger Group