Hilco Corporate Finance Adds Karol as Managing Director

Sheon Karol joined the Hilco corporate finance team. Karol will serve as managing director in corporate finance/special situations.

February 1, 2022 Geoffrey Frankel | Hilco | Hilco Corporate Finance | Sheon Karol Ian Koplin

Brigade, B. Riley Provide $218MM New Financing for Barneys

Barneys New York has secured approximately $218 million in new financing from Brigade Capital Management and B. Riley Financial to facilitate a going concern sale process.

August 8, 2019 B. Riley Financial | Barneys New York | Brigade Capital Management | Gordon Brothers | Hilco nadine

Barneys Nears Bankruptcy, Looks to Hilco and Gordon Bros for Financing

The Wall Street Journal reported Barneys New York has received approval from senior lenders Wells Fargo and TPG to request junior loans from Hilco and Gordon Brothers as it prepares to file for Chapter 11 protection.

August 6, 2019 Barneys New York | Gordon Brothers | Hilco | wells fargo nadine

Gordon Bros, Hilco Serve as Stalking Horses in Charlotte Russe Sale

Charlotte Russe Holdings and its subsidiaries entered discussions with prospective bidders for a going-concern sale of the company to continue its brick-and-mortar and online platforms.

February 22, 2019 Berkeley Research Group | Charlotte Russe | Cooley | Gordon Brothers | Guggenheim | Hilco | Peek Amanda Koprowski

Beauty Brands Files for Chapter 11; Hilco to Serve as Stalking Horse in Asset Sale

Kansas-based salon and spa retailer Beauty Brands has filed for Chapter 11 in the wake of 25 store closures, according to the Kansas City Star.

January 8, 2019 Beauty Brands | Hilco | Hilco Merchant Resources | Kansas City Star Amanda Koprowski

Sterling Provides $737K DIP to Gump’s

Sterling Business Finance agreed to provide $737,000 in DIP financing to Gump’s, according to motions filed in the U.S. Bankruptcy Court for the District of Nevada.

August 9, 2018 Gordon Brothers | Gump’s | Hilco | Sterling Business Finance ABF Journal

Gump’s Files Chapter 11; Hilco, Gordon Bros to Liquidate

Gump’s, the San Francisco-based, 157-year-old department store and retailer, filed voluntary petitions for relief under Chapter 11 in the U.S. Bankruptcy Court for the District of Nevada.

August 8, 2018 Gordon Brothers | Gump’s | Hilco ABF Journal

Hilco Capital Acquires Staples’ UK Retail Business

Staples reached an agreement to sell its UK retail business and operations to Hilco Capital for nominal proceeds.

November 28, 2016 Hilco | Staples ABF Journal

Hilco CEO Greco Elected to CFA Executive Committee

The CFA elected Thomas Greco to serve on its executive committee for fiscal year 2015. Greco and the other existing and newly elected board members comprised of key leaders in the commercial finance industry.

October 9, 2014 Hilco | Thomas Greco ABF Journal

Hilco Completes Acquisition of HMV

Hilco announced it completed the acquisition of the business and certain assets of entertainment retailer HMV. The business includes 141 stores, 25 of which had previously been slated for closure.

April 5, 2013 Hilco ABFJ News