Following the confusion around Head Sports’ winning bid at the ASE bankruptcy auction last week, a new bidder stepped up with a successful $23,018,000 offer that was approved by the presiding judge. Tiger Group is a consortium of several entities. Liquidator Tiger Capital Group and Hong Kong PE firm Advanced Holdings have formed a joint venture called BikeCo, and will take on the ASE wholesale business, brands and IP. AMain Sports & Hobbies, a Chico, CA-based retailer which operates AMain Hobby and AMain Cycling, will take the online businesses, including the Performance Bicycle and Nashbar e-commerce operations. And real estate ... Log in to view full article.