San Francisco | Los Angeles



San Francisco | Los Angeles




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.


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.


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.


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.



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.


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.



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.



CalPlant - Complete Facility Closure - By Order of the US Bankruptcy Court - Case Number - 1:21-bk-11302 | CalPlant I Holdco, LLC
Orderly Liquidation / Negotiated Sale Extended Through September 29, 2023 - Late Model MDF (Medium Density Fiberboard) Manufacturing Facility - Facility Launched in 2020 - Over $380 Million Invested

Willows, CA

Ongoing Sale Process

12th and K St. Mall Partners - 56,000 Sq Ft Four Story Mix Use Building - By Order of the US Bankruptcy Court: Case #: 2:22-bk-10061-BR
1131 K Street - Four Story - Residential, Retail and Office Building - Two Blocks for the State Capitol

Sacramento, CA

Ongoing Sale Process

Better Nutritionals - Complete 400,000 Sq St Facility Closure - By Order of the US Bankruptcy Court: Case 6:22-bk-14723
State-of-the-Art Gummy Manufacturer & R&D Leader in Nutritional Supplements - Orderly Liquidation / Negotiated Sale followed by Timed Online Auction: Auction Postponed - New Date TBD

Norco, CA

Ongoing Sale

Real Estate Offering - Listing Price $3,200,000 - 1900 & 1820 State Hwy 99, Gridley, CA
For Sale By Assignment for the Benefit of Creditors - Dual Asset Offering - 97,900 +/- SF Industrial Building and 27+/- Industrial and Agricultural Zoned Acres

Gridley, CA

Ongoing Sale Process

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

Bulk Sale Offering of Assets Acquired in the 363 Sale of Farin Swanson
All assets including over $37 million in wholesale cost inventory of wine & spirits, intellectual property, as well as the machinery & equipment of Fairn & Swanson, a bankrupt duty-free operator serving the cruise industry.

Miami, Oakland, Seattle

Completed Sale Process

Intarcia - Complete Facility Closure - Lab Assets Offering
With over $1.75 billion in Venture Capital investments, Intarcia developed innovative therapies utilizing a proprietary delivery system. - Global Online Auction

Hayward, CA

Completed Sale

DrinkWorks - Auction #2 - 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

Williston, VT

Completed Sale

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.

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

Modern Times Beer & Coffee - Going Concern Asset Sale Including IP, Operating Breweries, Restaurants and Taprooms
Going Concern Asset Sale - Auction Concluded Friday -Closed and Funded.

Southern California

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

Marietta, GA

Completed Sale



Kevin Otus

K. Kevin Otus

Managing Partner

Paul Buie


Managing Director

Steve Gross


Chief Financial Officer


Rick Briggs

Managing Director

Kyle Pesonen



Mark Appleget

Mark Appleget

Managing Director


Paul Edstrom

Paul Edstrom

Managing Director


Hal White

Hal White

Managing Director





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