MAXIMIZING + MONETIZING VALUE
BUYERS | SELLERS | BROKERS
San Francisco | Los Angeles | Napa
-SERVICES-
DISPOSITION
In order to get the highest recoveries for our clients, Onyx utilizes customized disposition strategies and innovative, data-driven, multi-channel formats ranging from immediate liquidity through outright asset purchase, private treaty / negotiated orderly sales, supply chain redirection, on-site and web-based public auctions, to monetization through discrete global channels.
SALE PROCESS
Financial distress arises from events including overleveraging, economic headwinds, liquidity issues and other challenges. The Onyx team works with distressed situations, both in-court and out of court, to achieve the highest risk adjusted returns for our clients and their clients. In doing so, Onyx executes efficient and strategic sale processes utilizing creative structures and innovative strategies that attract bidders and/or credible stalking horse interest.
ADVISORY
We work extensively with Attorneys, CRO’s, Financial Advisors, Assignees, Trustees/Receivers, and other restructuring professionals to advise them on the best strategy to monetize assets. The Onyx team has over two centuries of experience and deep expertise in structuring and executing orderly disposition strategies, online auctions, capital investments, reorganizations, and valuation projects across the globe.
CAPITAL
To help provide immediate liquidity and critical time for more strategic decisions, Onyx has the ability to deploy significant capital for a single transaction, pre-fund disposition activities, an outright multi-asset purchase across a broad range of asset classes or provide DIP financing. This ability allows us to work flexibly with our clients as both a strategic and financial partner.
-CURRENT & RECENT SALES-
BOA Logistics – Complete Facility Closure – Cold Storage Facility and Distribution Center
Global Online Auction – September 30,2025 – Complete Facility Closure – Cold Storage Facility and Distribution Center
Commerce, CA
Ongoing Sale
Complete Facility Closure – Commercial Post-Production Studio Equipment Offering
Global Online Auction – September 25, 2025 – Next-Generation Film, TV and Audio Equipment of a (SoHo) New York Post-Production Studio.
New York City / SoHo
Upcoming Sale
Going Concern Asset Offering. Sale includes Sadie Rose’s 29,000± sq ft operating bakery, intellectual property (brands and trademarks), inventory and real estate.
Going Concern Asset Offering of a Southern California-based Artisan Breadmaker.
Southern California
End Date -TBD - Sale Process
A*SOLD* Assets Owned by Maricopa Orchards, LLC – By Order of the U.S. District Court for the Eastern District of California – Case No. 24-cv-1102
Global Online Auction Began on July 9, 2025 – Agricultural and Industrial Equipment of a Central Valley, CA Farming and Nut Processing Company.
Central California
Completed Sale
*SOLD* Assets Owned by Trinitas Farming, LLC – By Order of the U.S. Bankruptcy Court for the Northern District of CA – Case No. 5:24-bk-50211
Global Online Auction on August 10, 2025 – Agricultural and Industrial Equipment of a Central Valley, CA Leader in the Farm Services Industry. Inspections By Appointment Only.
Hanford, California
Completed Sale
*SOLD* August West – Complete Facility Closure – Premium Wine Production Facility
Global Online Auction – September 10, 2025 – Wine Making Equipment of a San Francisco, CA Premium Wine Producer.
San Francisco, CA
Completed Sale
*SOLD* Napa Valley Operating Winery – Overbid Opportunity for Winery Property Rights Under Contested Lease in the Heart of St. Helena, CA
By U.S. Bankruptcy Court Order – re: Kelham Vineyard & Winery, LLC Case #23-10384-WJL – June 2025
St. Helena, CA
Completed Sale Process
*SOLD* Brand Portfolio Assets of an Operating Napa-based International Wine and Ready-To-Drink Cocktail Producer and Wholesaler – Over 30 Brands.
Unique Adult Beverage Asset Acquisition – IP (30+ brands, trademarks & historical sales data), inventory (over 220,000 cases), equipment and other selected assets – Sale Closed April 2025.
Napa, CA
Completed Sale Process
*SOLD* Gritstone bio – Four Complete Facility Closures – Over $25,000,000 in Acquisition Cost
Three Separate Global Online Auction Events – East and West Coast Biopharmaceutical R&D Equipment of a Clinical-stage American Biotechnology Company – March 2025
Northern CA and Boston, MA
Completed Sale
*SOLD* Kelham Vineyards – Napa Valley – Finished Case Goods and Bulk Wine Inventory Offering (40,000+ Cases & 10,000 Gallons of Bulk Wine)
By Order of U.S. Bankruptcy Court – Case #23-10384 – October 2024
St. Helena, CA
Completed Sale Process
*SOLD* OBX Racing Sports – Existing Channel, Negotiated Sale and Global Online Auction Event – Over $55,000,000 (MSRP) Inventory
Aftermarket Racing and Automotive Parts – Existing Channel and Negotiated Sale Event Followed by a Global Online Auction Event on October 16, 2024
Union City, CA
Completed Sale
*SOLD* CalPlant – Complete Facility Closure – By Order of the U.S. Bankruptcy Court – Case # 1:21-bk-11303 | CalPlant I, LLC
Over $380,000,000 Invested – Late Model MDF (Medium Density Fiberboard) Manufacturing Facility Launched in 2020. Entire Facility & All Real Estate Sold to a Single Buyer – Negotiated Sale Completed in August 2024
Willows, CA
Completed Sale Process
*SOLD* Pirch – Over $20,000,000 of Inventory Cost – Factory Sealed, New In Box & Showroom Model Appliances – Kitchen Hardware & Bathroom Fixtures
By Order of United States Bankruptcy Courts Southern District Of California Case # 24-01376-CL7 – Four (4) Separate Southern California Auctions: August 6-16, 2024
Southern CA: Sante Fe Springs, Palm Desert, Oceanside & Vista
Completed Sale
*SOLD* Modern Times Beer & Coffee – Going Concern Asset Sale Including IP, Operating Breweries, Restaurants and Taprooms
Going Concern Asset Sale – Auction Concluded – Closed and Funded October 2022.
Southern California
Completed Sale Process-ASSET CLASSES-
INVENTORY
Onyx has the ability to deploy significant capital for a single transaction, prefund disposition activities, or an outright multi-asset purchase across a broad range of asset classes. This ability allows us to work flexibly with our clients as both a strategic and financial partner while providing immediate liquidity.
INTELLECTUAL PROPERTY
Our experience & market knowledge unlock the meaningful values inherent to patents brands and other intellectual property. Our expertise provides the insight on how best to structure & market IP for its highest recovery. Whether that’s Onyx’s outright purchase of an IP portfolio, the redirection to a royalty/licensing model strategy or executing a competitive sales process, we aid our clients by maximizing latent IP value.
CalPlant
Willows, CA
$380,000,000+ Facility Investment – Complete Medium Density Fiberboard (MDF)Production Facility Sold to a Single Purchaser including 275 acres of industrial, agricultural and mixed use zoned property surrounding the plant.
Modern Times Beer and Coffee
Los Angeles
$7,620,000 Stalking Horse Bid – Onyx was engaged as the exclusive sales agent in the going concern receivership sale of Modern Times Beer & Coffee, including all IP (patents, trademarks and brands) two operating breweries, two restaurants and four taprooms.
OBX Racing Sports
Union City, CA
$55,000,000 (MSRP) Inventory – Onyx, with a strategic partner, conducted an extended existing channels and negotiated sales process followed by an Global Online Auction allowing us to get all inventory removed from the company’s warehouse prior to the landlord mandated exit date.
IMAX Worldwide Home
CA, GA, NV, OK, NC, TX and Canada
$18,000,000+ Wholesale Cost Inventory – ONYX executed an outright purchase of all IMAX assets and ran a multifaceted asset sale strategy that protected against brand erosion and maintained retail confidence and value in the company’s products and name.
Intarcia - Hayward Lab Assets
Hayward, CA
$1,750,000,000+ Venture Capital Investments – Onyx provided Intarcia with a financial minimum guaranteed recovery for the multimillion-dollar cost offering which featured the entire suite of state-of-the-art analytical laboratories located at Intarcia’s Hayward, CA manufacturing facility.
DrinkWorks
Bedford, MA & Williston, VT
$50,000,000+ Plant Equipment Acquisition Cost – Onyx provided DrinkWorks, a joint venture between Keurig, Dr Pepper and Anheuser-Busch InBev, with a financial minimum guaranteed recovery and conducted separate auctions of their Williston, VT and Bedford, MA facilities within weeks of each other.
JRV Group USA
Wilmington, DE
$16,000,000± MSRP of New & Upfitted Jeep Wranglers – Onyx conducted separate, negotiated sales of approximately 300 new and upfitted Jeep Wranglers as well as global on-line auctions of JRV’s fabrication and automotive assembly equipment and after-market and custom parts inventory.
Three Twins Organic Ice Cream
Sheboygan,WI
$15,000,000+ 2019 (Pre-Covid) Revenue – Onyx was able to find a buyer for the Three Twins production facility and IP domestically, as well as a second party that was interested in continuing the brand expansion into the Asian market.
Amaranth Medical
San Mateo, Ca
100+ Patents Granted – Onyx prefunded and advanced the budget required to complete the sale process. The sale included substantially all of Amaranth’s assets, including intellectual property (patents, trademarks and clinical data).
-TEAM-
K. KEVIN OTUS
Managing Partner
PAUL D. BUIE
Managing Director
STEPHEN J. GROSS
Chief Financial Officer
KYLE PESONEN
Senior Director – Operations
TYLER CRAIG
Director
Mark Appleget
Managing Director
Industrial
Paul Edstrom
Managing Director
Investments
Hal White
Managing Director
Resale
RICK BRIGGS
Advisor