Timeline

Start up years

1987-1989

1987 Jeffrey 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

Hilco Industrial Disposition and Appraisal Business continue to grow. Jeffrey Hecktman meets Michael Keefe, a rising star in the industry and discusses future of retail inventory business

Hilco completes its first large Sears retail inventory disposition deal

1996-1999

1996 Hilco enters into larger joint ventures to compete with Shottenstein, Buxhaum, ALCO and Gordon Brothers

Hilco Real Estate LLC is created

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

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

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. established

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

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

2001

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

Hilco Real Estate and Hilco Merchant Resources complete $100 million Homelife disposition deal

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

Hilco Receivables completes A/R deal with Merchant Holdings

2002

Hilco Real Estate lands MCI Worldcom deal which includes 1200 renegotiated or sold leases

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

Hilco Real Estate expands advisory services and strategic lease restructuring

2003

Hilco Trading expands into the UK with Hilco Appraisal Services

Hilco Asset Sales Canada lands deal for CanPar and Highland Trucking

2004

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

Hilco Receivables partners with Pegasus Capital on Cannondale Motor Sports deal

2005

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 4800 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 & sells Traesko Furniture Stores, Alders, etc.

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 Mervyns Deal, conducts disposition of Linens N Things stores and closes 154 circuit City Stores

Hilco UK & 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

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

2011

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

Hilco UK restructures retailer HMV

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

Hilco Brands invests in Miss America

Hilco Industrial and Real Estate complete Sony and Cooper Tire Deal

2012

Hilco Trading buys back remaining investment - equity from Cerberus and re-opens 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

2013

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 re-introduced in North America as part of Hilco Merchant Resources

SD Retail changes name to Hilco Retail Consulting

Hilco Receivables completes Cenveo/ National Envelope deal

Hilco Consumer Capital sells Linens N Things

Hilco Global 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 Diligence Services practice was created adding field exam services capabilities to the organization

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

Hilco do Brasil is opened as our newest office in South America

Hilco Merchant Resources acquires online retailer Deal Genius

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

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

Hilco Industrial Acquisitions purchased 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