Hilco Global’s commercial industrial team acquired all of the assets of Sutton Leasing, a fleet leasing company based in Sterling Heights, MI, in a multi-million-dollar transaction that closed on May 7. Hilco Commercial Industrial aligned with Wells Fargo to close the transaction.
The economy may be booming, but these are still turbulent times with a shifting environment propelled by tax cuts, tariffs levied against Canada and China, and the possibility of a trade war. For guidance, ABF Journal editor Nadine Bonner turns to executives from the nation’s top four appraisal firms. In addition to a perspective on how technology and globalization have changed businesses practices, they offer sound advice to help ABL lenders steer a steady course and avoid crashing on the rocks.
With 30 years in the industry, Hilco Valuation Services has grown by bringing in value-added services. Its newest unit will cover Construction and Transportation Advisory. Bryan Courcier has the hands-on experience to not only develop the business, but to make it an authority.
Hilco Valuation Services appointed Tom Boniface vice president of business development for the Midwest region, supporting the valuation, monetization and advisory platforms.
Hilco Valuation Services announced the appointment of Karin Gorynski as senior vice president, Business Development. Gorynski joins Hilco from GE Capital where she was lastly SVP of Equipment Sales.
Hilco Valuation Services opened a new valuation services office that will be located in Sydney, Australia. This new office will be led by Brendan Smyth, a Hilco Valuation Services veteran who has been with the company since 2007.