Asset valuation and disposition leader, Tiger Group, has acquired assets of Melville, N.Y.-based Daley-Hodkin Group, a firm specializing in appraisals of machinery and equipment as well as fully integrated asset disposition services.

Daley-Hodkin’s operations will be relocated to Tiger’s Midtown Manhattan offices later this month.

“We are very excited about this opportunity to join one of the most respected valuation and disposition firms in the country,” said Daley-Hodkin president, Morris Hodkin. “We look forward to integrating our decades of experience selling and valuing machinery and equipment and wholesale inventories into Tiger’s operations to further solidify the company’s offerings and professional expertise.”

Joseph Hodkin announced his retirement upon completion of the acquisition. Morris Hodkin will be spearheading the Daley-Hodkin integration into Tiger Group.

Separately, Tiger Group announced Billy Weinstein and Mark Stein have joined the team.

Weinstein and Stein, who were previously associated with Gordon Brothers Group and The Ozer Group, will be working with the Tiger team to deepen existing capabilities, as well as lead the company into new services and businesses.

Weinstein has more than 25 years experience in valuing, managing, acquiring, and selling businesses and assets in challenging circumstances. On behalf of his clients, he has orchestrated transactions involving more than $20 billion in assets. He also served as chief executive officer of CompUSA and was a founding partner of The Ozer Group, which provided a wide array of professional and financial services for over a decade.

Mark Stein has spent the past 20 years valuing, managing, and lending to distressed businesses. He has overseen all operational aspects associated with the sale, collateralization, or disposition of assets worth several billion dollars. He was a founding partner of The Ozer Group, where he oversaw all finance and operations of the firm.

Billy Weinstein and Mark Stein will be based in Tiger Group’s Boston office.