Timeline

Start up years

1987-1989

1987 Jeff Hecktman founds Hilco. The company focuses on industrial & retail inventory appraisal & disposition work.

The appraisal market shifts away from accounting firms to the use of experts such as Hilco.

1990-1995

Jeff Hecktman meets Michael Keefe, a rising star in the industry and discusses future of retail inventory business

Hilco Industrial Disposition and Appraisal business continue to grow.

Hilco completes massive Sears retail inventory disposition deal

1996-1999

1996 Hilco enters into large industry JV to compete with Shottenstein, Buxhaum, ALCO and Gordon Brothers

Hilco Real Estate LLC is created

1998 Jeff Hecktman outlines his vision to offer full suite of services including: Lending; Real Estate; Receivables

Hilco develops strong relationship with LaSalle Bank; JP Morgan; BoA; Wells Fargo

Hilco completes large inventory deals with CompUSA, SportMart, Levitz Furniture, Lazarus Stores, Cosmetic Centers, Venture Stores

Hilco Trading Holding Company

2000

The Holding Company:
Hilco Trading Company, Inc. is established

Hecktman taps Michael Keefe and Cory Lipoff to create Hilco Merchant Resources

Hilco Capital LLC is established to provide Debt Financing/Mezzanine and Senior Lending Business

Hilco executes debt-equity deal with GE Capital to buy EATONS-Canada

2001

The Holding Company forms Hilco Industrial LLC, Hilco Appraisal LLC and Hilco Receivables LLC

Hilco Real Estate and Hilco Merchant Resources completes $100 million HomeLife disposition deal

Hilco Receivables completes A/R deal with Merchant Holdings

Hilco Merchant Resources completes valuation and disposition of historic $1.8 billion Montgomery Ward & Co. and numerous retail inventory deals including Crown Books

2002-03

Hilco Real Estate lands MCI Worldcom deal which includes 1,200 renegotiated or sold leases

Hilco Merchant Resources completes massive disposition work for K-Mart and PharMor Rx

Hilco Trading expands into the UK with Hilco Appraisal Services

Hilco Real Estate expands strategic advisory services and lease restructuring

Hilco Asset Sales Canada lands deal for CanPar and Highland Trucking

2004-05

Hilco Trading establishes a new retail strategic consulting practice called SD Retail Consulting

Hilco Receivables partners with Pegasus Capital on Cannondale Motor Sports deal

Holding Company expands Hilco Industrial into Europe, opening office in UK

Hilco Real Estate sells Durango-Georgia Paper Co., delivering value beyond forecast

Hilco buys a division of Karstadt, Germany's largest department store for $250 million, employing 4,800 people

Hilco Appraisal Services delivers largest industrial appraisal in history for Delphi Automotive, valuing M&E and inventory in 29 facilities worldwide

2006

Hilco Trading Company sells Hilco Receivables unit to Cerberus and Goldman Sachs, maintaining equity as an investor with name change to EAF; both PE firms buy equity in Hilco Trading

Hilco Merchant Equity Partners is created as a Private Equity Fund to manage going businesses as a JV with Cerberus and Goldman Sachs

An expanded Hilco UK group acquires and sells Traesko Furniture Stores Allders strones.

Merchant Equity Partners, a Hilco company, acquires MFI Furniture in the UK and BUT in Paris

Hilco Equity Partners acquires Sioux-Preme Packing Co., Awrys, Convergent Labels, Ellen Tracy and Bargain Shop

Hilco Industrial sells $48 million of electric generator equipment for Calpine

2007-2008

Hilco expands into Mexico, acquiring Grupo Acetec to become Hilco Acetec

Hilco Consumer Capital acquires Halston, Tommy Armour, RAM, Teardrop and Zebra

Hilco Industrial completes auto supplier deal for M&S Manufacturing Co.

Hilco Consumer Capital launches a second Hilco Private Equity fund to invest in consumer brands

Hilco Equity acquires Apparel Holdings Group

Hilco Consumer Capital acquires Bombay Company, The Sharper Image, Caribbean Joe and Ellen Tracy Brands

Hilco Merchant Resources completes Mervyn's Deal, conducts disposition of Linens 'n Things stores and closes 154 circuit City Stores

Hilco UK and Hilco Canada appointed to sell all Wooolworth Stores to Walmart

2009

Hilco Real Estate launches investment/ acquisition practice

Hilco Consumer Capital acquires Linens 'n Things IP Assets

Bob Marley Family partners with Hilco Consumer Capital for exclusive product licensing representation and management

Hilco Equity acquires and licenses Polaroid Brand

Hilco UK buys Kraus Carpets

Hilco Global Brand Expansion

2010-2011

Hilco Brands replaces Hilco Consumer Capital to provide Brand Licensing & Strategy

Hilco Asia/Pacific is launched

Hilco Real Estate and Hilco Merchant Resources close Blockbuster

Hilco Merchant Resources provides disposition services for Disney and Dick's Sporting Goods

Hilco UK acquires major UK retailer, Habitat

Hilco Industrial engaged to sell Chrysler plants

Hilco Industrial hired to sell 16 unwanted GM plants

Hilco Equity sells Tommy Armour brand to Sports Authority

Hilco Trading acquires IP firm Streambank, expanding the Intellectual Property practice

Hilco Trading buys back ownership equity from Goldman Sachs

Hilco Merchant Australia is launched

Hilco Merchant Resources tapped to dispose inventory for Borders

Hilco Streambank sells Borders IP assets and Berkline Benchcraft IP

Hilco UK restructures retailer HMV

Hilco Streambank auctions Circuit City patent portfolio and Tavern on the Green IP

Hilco Industrial and Real Estate complete Sony and Cooper Tire Deal

2012-2013

Hilco Trading buys back remaining investment-equity from Cerberus, and Jay Stone returns to re-open the Hilco Receivables business

Hilco Redevelopment Partners formed to acquire and demolish old industrial structures and redevelop the land

Hilco Trading LLC completes acquisition of massive Sparrow's Point Steel Mill

Hilco Industrial sells Chicago Sun-Times press equipment

Hilco Real Estate auctions Westfield Fox Valley Mall

Hilco Real Estate completes deal for former GM Racer Trust

Hilco Trading Company changes name to Hilco Global

Hilco Industrial completes a JV partnership in the Middle East called Hilco Value Strat

Hilco Wholesale Solutions is reintroduced in North America as part of Hilco Merchant Resources

SD Retail changes name to Hilco Retail Consulting

Hilco UK rebrands to become Hilco Capital

Hilco Receivables completes Cenveo/ National Envelope deal

Hilco Consumer Capital sells Linens 'n Things

Hilco Global is hired by Hostess to provide integrated services and sell over 140 Hostess Properties

Hilco Brands buys Portico Brand

2014-2015

Hilco Global creates partnership with Redwood Capital to redevelop five square miles of land at the former Sparrows Point Steel Mill

Hilco Industrial acquires the assets from Preferred Sands Canada's Hanson Lake Facility

Hilco Diligence Services practice is created, adding field exam services capabilities to the organization

Hilco Global and the Minneapolis-based Pohlad Family Capital Fund announces a partnership interest in the Polaroid brand and related intellectual property

Hilco Merchant Resources and Hilco Streambank complete RadioShack closeout sales

Hilco Merchant Resources and Fixture Finders form a strategic alliance as Hilco Fixture Finders

Hilco Brands acquire the iconic apparel label LeTigre

Hilco Merchant Resources acquires Steele's, an off-price retail store chain, and rebrands as Steele's & Deals

Hilco Brands forms Coldwater Creek strategic alliance with Xcel Brands Inc.

Hilco Merchant Resources conducts going-out-of-business sales for Coldwater Creek and Delia's

Hilco Real Estate sells more than 130 properties for New Orleans Redevelopment Authority (NORA)

Hilco Industrial Acquisitions purchases assets formerly owned by Ford, located at the former Ford Motor Company vehicle operations in Genk, Belgium

Hilco Merchant Resources completes JV with Gordon Brothers Group to manage store closing of all Target Canada locations

Hilco Industrial successfully conducted auctions to sell unproductive assets for the City of Detroit

Hilco Real Estate and Hilco Streambank provide disposition services in the sales of the IP assets and properties of the former A&P

Hilco Valuation Services opens new office In Sydney, Australia

Hilco Streambank launches IPv4Auctions.com

2016-2017

Hilco Streambank sells the intellectual property assets of The Sports Authority Inc.

Hilco Global manages Sears Canada's final store closings

Hilco Global launches patent pending practice Hilco IP Merchant Banking

Under Armour builds distribution center at Tradepoint Atlantic, adding 1,000 employees to fulfill consumers' online orders in the USA

Hilco Redevelopment Partners acquires old coal power generating station from Exelon

Hilco Global announces formation of Hilco Global Finance LLC

Hilco Capital purchases the Staples UK business and rebrands as Office Outlet

LeTigre

Hilco Global launches Hilco Helps, its Philanthropic arm supporting organizations such as All Stars Project and Youth Guidance

Hilco Streambank acquires PowerBilt brand assets

Hilco Global Mexico acquires Terracota, a loan servicing company

Hilco Redevelopment Partners and MCM Marine Services purchase assets from ESCO Marine and rebrands as SteelCoast

Hilco Merchant Resources conducts going-out-of-business sales for Coldwater Creek and Delia's

Hilco Streambank acquires the Powerbilt golf brand in a JV with the CEO of One Step Apparel

IPv4 Auctions sells RadioShack's IPv4 addresses

Hilco Industrial Acquisitions manages the sale of all M&E assets at the Toyota Australia Altoona plant, ending automobile manufacturing on the continent

Toyota

Hilco Global and Wayne Kulkin, former CEO of Stuart Weitzman, launch new luxury sneaker company named StreetTrend LLC

Hilco Helps donates over $1,000,000 of toys to children in underserved communities in Chicago and Boston

2018

Amazon opens distribution center at Hilco Global owned Tradepoint Atlantic, employting 1,500 people

Hilco Redevelopment Partners acquires the Crawford Power Generating Station site from NRG and rebrands as Exchange 55

Exchange 55

Hilco Capital completes sale of Tilley Endurables Inc., an iconic Canadian hat and travel apparel manufacturer

Hilco Merchant Resources completes going-out-of-business sale for Toys "R" Us, which was the largest retail bankruptcy and store closing in US history

Toys R Us

Hilco Global owned StreetTrend LLC acquires Italian luxury shoe brand P448

P448

Hilco Helps donates over $1,000,000 of toys to children in under served communities in Chicago and Boston

Hilco Helps donates over $1,000,000 of toys to children in under served communities in Chicago and Boston

2019

La Caisse de dépôt et placement du Québec (“CDPQ”) acquires a 27% minority stake in Hilco Global Holding Company

Hilco Streambank conducted an auction for the photography and media archive of the former publisher of Ebony and Jet magazines, Johnson Publishing for over $30 million to a consortium of foundations, comprised of The J. Paul Getty Trust, The Ford Foundation, John D. and Catherine T. MacArthur Foundation, and The Andrew W. Mellon Foundation

Hilco Global APAC is added to deliver commercial and industrial asset valuation and monetization solutions, specializing in online marketplace auctions, and negotiated sales throughout Australia and South East Asia.

Hilco Merchant Resources Launches CareerFlex, an innovative tech-enabled outplacement service and ShopGenius.com, a shopping and sales resource for finding incredible deals and unique sale events.

Hilco Merchant Resource completes JV with Gordon Brothers to manage store closing sales for Forever 21 Canada

Hilco Streambank sold the Intellectual Property for more than $1.1 Million while Hilco Merchant Resources, along with JV Partners, handled the Charming Charlie store closing sales in 38 states across the U.S.

Hilco Global was appointed by the Joint Receivers of Blackpool Football Club Limited to assist in the sale and marketing of the Club and its related football assets

Hilco Redevelopment Partners purchases retired Hudson Generating Station in Jersey City/Secaucus and Mercer Generating Station in Hamilton Township from PSEG Power

John Chen appointed as President of Hilco Global

Hilco Helps raises over $750,000 for the first annual Night of Shining Stars fundraising event honoring Chicago area turnaround professionals and benefitting All Stars Project of Chicago

Hilco Helps donates thousands of pairs of shoes to children in underserved communities in Chicago, Boston, and New Jersey

Hilco Global Scholars is formed providing two scholarships for two students in the Chicago Little Village Community

2020

Hilco Redevelopment Partners acquires 1,300 acres in Southwest Philadelphia that had been used as a refinery from Philadelphia Energy Solutions Purchase of Alexandria Property

Hilco Redevelopment Partners purchases te Potomac River Generating Station, one of the largest industrial sites in Alexandria, Virginia

Hilco Merchant Resources manages going out of business sale for Pier 1

New consulting division, Hilco Performance Solutions, is launched focusing on performance improvement for commercial and industrial organizations

ReStore Capital, a commercial finance and alternative investment firm providing capital solutions to leading retailers and consumer products companies is launched by Hilco Merchant Resources

Hilco Merchant Resources, along with the JV partners, manage Le Tote/Lord & Taylor Liquidation sale

H19 Capital, a joint venture with Hilco Global and Colbeck Capital Management, purchased virtually all assets of the truck leasing company 19th Capital

Hilco Redevelopment Partners recapitalizes The Gauge in Waltham to Propco Real Estate

Hilco Capital invests in Anglia Crown

Hilco Helps Warm the Winter with donation of over $1,000,000 of men, women, and children coats in Chicago, Boston, and Philadelphia

Hilco Redevelopment Partners monetizes interest in SteelCoast

2021

Hilco Commercial Industrial successfully completes sale of virtually all assets of Shop-Vac