San Francisco | Los Angeles

MAXIMIZING + MONETIZING VALUE

BUYERS | SELLERS | BROKERS

San Francisco | Los Angeles

WHAT WE DO

-SERVICES-

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.

DISPOSITION

In order to get the highest recoveries for our clients, Onyx utilizes customized disposition strategies and 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 channels.

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 expertise in structuring and executing orderly disposition strategies, capital investments, reorganizations, online auctions and valuation projects across the globe.

Valuations

In the distressed space, one often needs a true sense of value to help see the best course ahead. The Onyx team has performed thousands of appraisals and reviewed and advised on countless more. Our team includes the founder of one of the country’s leading technology valuation firms, the CTO of the Global Electronics Services Group for GE Capital, as well as a former Chair of the International Board of Examiners of the American Society of Appraisers.

WHAT WE KNOW

-ASSET CLASSES-

Machinery & Equipment

Onyx offers customized disposition strategies to recover the highest & best values on Machinery & Equipment. We have extensive and global experience in assets classes, ranging from aerospace & defense, food processing, semiconductor, supply chain fulfillment, to biotechnology.

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.

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.

Real Estate

 

Real estate is a complicated asset. It can be a source of important value while also presenting legal challenges or liabilities. The Onyx team fully understands those components of risk / reward and helps our clients to properly mitigate liability risk while optimizing potential value.

WHAT WE'RE DOING

-WHAT WE'VE DONE-

Modern Times Beer & Coffee - Going Concern Asset Sale Including IP, Operating Breweries, Restaurants and Taprooms
Going Concern Asset Sale - Auction Concluded Friday - June 17, 2022 - SALE CONFIRMED / COURT APPROVED

Southern California

Ongoing Sale Process

Mesa Vineyards - Complete Facility Closure
Winery Equipment and Inventory Offering - Negotiated Sale Followed by Global Online Auction August 10, 2022

Fort Stockton, TX

Ongoing Sale Process

Kaleido Biosciences - Complete Facility Closure - Clinical Stage Bioscientific Company State-of-the-Art Research and Development Laboratories
Complete Facility Closure - Negotiated Sale Followed by a Global Timed Online Auction Closes: August 23, 2022

Lexington, MA

Upcoming Sale

Zosano Pharma - Complete Facility Closure - Clinical Stage Biopharmaceutical Company State-of-the-Art Production and Analytical Laboratories
SOLD IN AN ENTIRETY SALE- Under the Jurisdiction of the US Bankruptcy Court for the District of Delaware, Case Number 22-10506

Fremont, CA

Completed Sale

Symbio Robotics - Complete Facility Closure - State-of-the-Art Adaptive Industrial Robotics  Research &  Development  Facility
Complete Facility Closure - Global Timed Online Auction - July 14, 2022

Emeryville, CA

Completed Sale

Tarveda Therapeutics - Complete Facility Closure - Oncology Medicine Producing Laboratory, Research, Development and Testing Facility
Complete Facility Closure - Global Timed Online Auction June 9, 2022

Watertown, MA

Completed Sale

Auction #2 - DrinkWorks - Williston, VT - Over $50,000,000 in Original Acquisition Cost - Global Online Auction State of the Art Alcoholic Beverage Production and Pod Filling Plant
Complete Facility Closure - Global Timed Online Auction - Bidding Closed March 29, 2022

Williston, VT

Completed Sale

Amaranth Medical, Inc. - Sale of Medical Device IP & Assets
Negotiated Sale Process featuring all Company assets, including intellectual property (patents, clinical data & trademarks) of a company developing & manufacturing bioresorbable scaffolds / stents for cardiovascular interventions.

US & Singapore

Completed Sale Process

IMAX Worldwide Home Furnishing - Complete Company Closure - All Company Assets Acquired by ONYX through an Assignment for Benefit of Creditors.
GLOBAL SALE OFFERNG - Out-Right Purchase of all IMAX Assets consisting of: Inventory, Machinery & Equipment, Receivables, Intellectual Property and More. Acquired in an Assignment for Benefit of Creditors by ONYX. Sale Completed: Feb 2022.

CA, GA, NV, OK, NC, TX and Canada,

Completed Sale Process

JRV Group USA - Bulk Vehicle Offering - 300+ Jeep Wranglers
By Order of the U.S. Bankruptcy Court Case No. 19-11095, in the matter of JRV Group USA. Bulk Offering of over 300 individual New Stock & Upfitted Jeep Wranglers

Wilmington, DE

Completed Sale Process

Plethora Corporation - Complete Facility Closure - Haas CNC Machining & Turning Tool Offering
Exceptional Offering Featuring  (27) Haas Late Model Tools. Two Day Global Online Auction - February 9-10, 2022.

Marietta, GA

Completed Sale

Barley Forge Brewing - Going Concern Sale
By Order of the U.S. Bankruptcy Case No. 8: 19-bk-13920-TA in the matter of Barley Forge Brewing Company, LLC. Negotiated Sale Process of an operating brewery & restaurant including Intellectual Property (Patents, Trademarks, & Brands)

Costa Mesa, CA

Completed Sale Process

Commercial Real Estate - Single Asset Offering - Chapter 11 - 30590 Cochise Circle, Murrieta, CA
For Sale By Order of the US Bankruptcy Court - Single Asset Offering - 122,400 +/- SF Industrial Building on 17.47 Acre Lot -ESCROW CLOSED - September 2021

Murrieta, CA

Completed Sale Process

Magnificent Estate in one of California's Premier Wine Regions - Wine Estate and Vineyard (160 +/- Acres) in Paso Robles, CA
By Order of the US Bankruptcy Court on behalf of Richard Marshack, Chapter 7 Trustee - ESCROW CLOSED - MARCH 15, 2022

2830 Live Oak Road, Paso Robles, CA

Completed Sale Process

Three Twins Ice Cream - Organic Ice Cream Manufacturer Complete Operating Plant - Real Estate & Equipment
Organic Ice Cream Company Complete Plant in Wisconson

Sheboygan, WI

Completed Sale Process

WHO WE ARE

-TEAM-

Kevin Otus

K. Kevin Otus

Managing Partner

Paul Buie

PAUL D. BUIE

Managing Director

Steve Gross

STEPHEN J. GROSS

Chief Financial Officer

rick

Rick Briggs

Managing Director

Kyle Pesonen

KYLE PESONEN

Director

Mark Appleget

Mark Appleget

Managing Director

Industrial

Paul Edstrom

Paul Edstrom

Managing Director

Investments

Hal White

Hal White

Managing Director

Resale

WHO WE KNOW

-CLIENTS-

AREAS OF EXPERTISE

A sample of some of the diverse industries we have served are: