MAXIMIZING + MONETIZING VALUE
BUYERS | SELLERS | BROKERS
San Francisco | Los Angeles
-SERVICES-
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.
SALE PROCESS
Financial distress arises from a variety of events, including overleverage, 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 sale structures and innovative strategies that attract bidders and/or credible stalking horse interest by leveraging our vast database of strategic and financial buyers.
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.
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-

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 Assets of a Clinical-stage American Biotechnology Company.
Northern California and Boston Area
Upcoming Sale
Molecular Templates, Inc. – Second Global Online Auction – Complete Facility Closure of a Clinical Stage Biopharmaceutical Company
Assets Related to R&D in Oncology and Other Diseases – Second Global Online Auction Opens Friday, February 21st and Closes Wednesday, February 26th, 2025
Austin, TX
Upcoming Sale
Spring Born – Complete Facility Closure – Hydroponic Lettuce Growing and Packaging Facility
Global Timed Online Auction – March 5, 2025
Silt, CO
Upcoming Sale
Real Estate Opportunity – Prime Los Angeles Area Development Site in the heart of Hollywood, CA
By order of the U.S. Bankruptcy Court – Central District of CA, LA Division Case #2:24-bk-10898-BR
Los Angeles, CA
Upcoming Sale
*SOLD* All Inventory and Select Intellectual Property of Optronic has been Sold in a Short Notice Sale. January 10th Auction Canceled. Information on the Remaining Intellectual Property, Domain Names and Remaining Assets Coming Soon.
Optronic – Meade Instruments, Orion Telescopes & Binoculars, and Coronado Solar Telescopes – Assignment for the Benefit of Creditors Offering
Watsonville, CA
Ongoing Sale Process
*SOLD* – CalPlant – Complete Facility Closure – By Order of the U.S. Bankruptcy Court – Case # 1:21-bk-11303 | CalPlant I, LLC
Over $380 Million 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 Models – 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* Kelham Vineyards – Finished Case Goods and Bulk Wine Offering (40,000+ Cases & 10,000 Gallons of Bulk Wine)
SOLD BT 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-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.

Amaranth Medical
San Mateo, Ca
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).

Modern Times Beer and Coffee
Los Angeles
Onyx secured a Stalking Horse bid of $7.62 million and then procured additional overbidders to participate June 17th auction resulting in over 70 individual bids and a winning bid well over the initial stalking horse bid. The sale was completed and fully funded in October 2022.

Intarcia - Hayward Lab Assets
Hayward, CA
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
DrinkWorks, a joint venture between Keurig, Dr Pepper and Anheuser-Busch InBev, provided home bar systems designed to prepare a variety of cocktails using proprietary Pods. Onyx provided DrinkWorks with a financial minimum guaranteed recovery and conducted a separate auction within weeks of each other.

IMAX Worldwide Home
CA, GA, NV, OK, NC, TX and Canada,
ONYX executed a multifaceted asset sale strategy that protected against brand erosion and maintained retail confidence and value in the company’s products and name.

JRV Group USA
Wilmington, DE
Onyx conducted separate, global on-line auctions of the fabrication and automotive assembly equipment contained within the JRV facility as well as for their after market and custom parts inventory.