Hilco Global Capital Solutions (HGCS), a division of Hilco Global and a provider of flexible asset-based lending solutions, provided a $65 million first-in, last-out secured term loan to support the acquisition of a leading specialty retailer.
The financing is expected to enhance liquidity and provide additional financial flexibility alongside the company’s revolving ABL facility, supporting post-acquisition integration efforts and broader ongoing operational initiatives.
“HGCS is thrilled to deliver a tailored capital solution that provides the company with the flexibility and liquidity to execute its strategy and build on its momentum,” Dan Rubin, managing director at HGCS, said.
