Hilco Global
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| Founded | 1987 |
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| Founder | Jeff Hecktman |
| Headquarters | Northbrook, Illinois, U.S.A. |
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Area served
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International |
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Key people
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Jeff Hecktman, Chairman & CEO |
| Services |
Company Valuation Business Advisory Monetization Liquidation |
| Website | www |
Hilco Global is an American financial services holding company. It operates over twenty businesses and specializes in valuation, advisory, monetization, and liquidation. Headquartered in Northbrook, Illinois, it has offices throughout the world and provides services to companies, their lenders and professional services advisers across a broad spectrum of business categories including retail, industrial and financial. Hilco delivers services focused on maximizing the value of under-performing and excess retail, consumer products and industrial inventory, real estate, intellectual property, including consumer brands, and accounts receivable. Hilco is also considered one of the largest distressed investment and advisory companies in the world.
Hilco Global was founded in 1987 by Jeff Hecktman. Originally operating under the name Hilco Trading, the holding company was renamed in 2013, eliminating the use of the name Hilco Trading Company as well as introducing a new logo and website for the company. Hecktman founded Hilco Trading Company after restructuring his family's industrial supply firm and selling off many of the businesses under performing assets.
In 2000, Hilco Global founded a business division named Hilco Merchant Resources LLC, a subsidiary of the company that specializes in retail inventory valuation, retail store closings, retail inventory disposition and asset protection. Michael Keefe, formerly of Gordon Brothers, joined HMR as the CEO the same year. In 2001, the division became known as one of the top five liquidation firms in the United States, having been involved in the $1.8 billion liquidation of Montgomery Ward following that company's bankruptcy. Some of its most notable disposition and liquidation deals included work for Sears, CompUSA, Sportmart, PharMor Rx, and Coldwater Creek. Hilco Merchant Resources also expanded its operations by opening an office in Australia, taking on liquidations of stores that include Fletcher Jones, Dubbo Everyday Living and Dick Smith.
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