Hilco Capital | |
Company type | Limited |
Industry | Investment, finance, restructuring |
Founded | 2000 |
Headquarters | , |
Area served | UK, Western Europe, Canada, Australia |
Services | Turnaround investing, lending, restructuring services |
Parent | Hilco Global |
Website | www |
Hilco Capital is a British financial investment and restructuring advisory company, operating in the UK, Western Europe, Canada and Australia. [2]
Hilco Capital was founded in London in 2000 as a joint venture between its management team and Hilco Global. [3] [4]
Hilco has been involved with these companies, and in some cases owning and operating them for a period of time: [5]
Hilco Capital was awarded Special Situations Debt Provider of the Year at the IFT Awards 2022. [15] The company also won the Turnaround of the Year Award at the Turnaround, Restructuring & Insolvency Awards (TRI) 2019. [16] It also won the Business Rescue of the Year award (£21-50m turnover) at the Insolvency & Rescue Awards 2009. [17]
While the company was described in December 2018 by The Times as a vulture fund, [18] other media reports have described this narrative as ‘scapegoat-hunting desperation’. [19] [20]
Debenhams plc was a British department store chain operating in the United Kingdom, Denmark and the Republic of Ireland, and is still operating as a franchise in seven Middle East countries. It was founded in 1778 as a single store in London and grew to 178 locations across those countries, also owning the Danish department store chain Magasin du Nord. In its final years, its headquarters were within the premises of its flagship store in Oxford Street, London. The range of goods sold included middle-to-high-end clothing, beauty, household items, and furniture.
Xtra-vision was a video, film and music retailer that operated across the island of Ireland. Founded in 1979, it had 200 shops at its peak before running into financial difficulties, changing ownership a number of times, and ultimately closing in 2021.
British Home Stores, commonly abbreviated to BHS and latterly legally styled BHS Ltd, is an online store and formerly a British department store chain, primarily selling clothing and household items. In its later years, the company began to expand into furniture, electronics, entertainment, convenience groceries and fragrance and beauty products. BHS traded from 1928 to 2016; the brand was later licenced to an online retailer.
HMV is a British music and entertainment retailer, founded in 1921. The brand is owned by JD Sports and operated by Sunrise Records, except in Japan, where it is owned and operated by Lawson.
Focus was a British do-it-yourself and home improvement retailer, founded in 1987.
HHGL Limited, trading as Homebase, was a British home improvement retailer and garden centre trading in the United Kingdom and Ireland. Founded by Sainsbury's and GB-Inno-BM in 1979, it was originally known as Sainsbury's Homebase until 1999.
Bunnings Group Limited, trading as Bunnings Warehouse or Bunnings, is an Australian household hardware and garden centre chain. The chain has been owned by Wesfarmers since 1994, and has stores in Australia and New Zealand.
Habitat is a brand of household furnishings in the United Kingdom and the main homewares brand within the Sainsbury's group.
Intu Properties plc was a British real estate investment trust (REIT), largely focused on shopping centre management and development. Originally named Transatlantic Insurance Holdings plc and later Liberty International plc, it changed its name in May 2010 to Capital Shopping Centres Group plc after demerging its Capital & Counties Properties business unit to form an independent business. The company adopted the Intu name on 18 February 2013, and this was followed by the rebranding of most of its shopping centres under the Intu title from May 2013.
Arcadia Group Ltd was a British multinational retailing company headquartered in London, England. It was best known for being the previous parent company of British Home Stores (BHS), Burton, Dorothy Perkins, Debenhams, Evans, Miss Selfridge, Topman, Topshop, Wallis and Warehouse. At its peak, the group had more than 2,500 outlets in the UK and concessions in UK department stores and several hundred franchises operated internationally.
Wesfarmers Limited is an Australian conglomerate, headquartered in Perth, Western Australia. It has interests predominantly in Australia and New Zealand, operating in retail, chemical, fertiliser, industrial and safety products. With revenue of A$43.5 billion in the 2023 financial year, it is one of Australia's largest companies by revenue. Wesfarmers is also one of the largest private employers in Australia, with approximately 107,000 employees.
The Bombay Company is an American furniture and home accessories retailer owned by an undisclosed LLC. At one time a chain of over 500 stores headquartered in Fort Worth, Texas, Bombay Company was relaunched in 2012 as an online store. After its owners arranged a new licensing deal, a second online re-launch was planned for the High Point Market in April 2018. However, by March 2019, the online sales function of their website was still not active.
Hastings Entertainment was an American retail chain that sold books, movies, music, and video games and functioned as a video rental shop. As of 2016 it had 126 superstores, which were mainly located in the South Central United States, Rocky Mountain States, and in parts of the Great Plains and Midwestern states. Hastings Entertainment stores were also located in many college towns in the U.S. Hastings Entertainment was headquartered in Amarillo, Texas.
Frasers Group plc is a British retail, sport and intellectual property group, named after its ownership of the department store chain House of Fraser.
Fareham Shopping Centre is at the heart of the centre of the medium-sized Hampshire town of Fareham. Built in two phases between 1975 and 1981, the centre contains many well known retailers and is quite large for a town of its size. The shopping centre is part of a wider scheme of buildings in the town centre that were constructed around the same time.
MK One was a British fashion retailer.
Cath Kidston Limited was a British international home furnishing retail company with headquarters in London, with a focus on handicraft and vintage themed items that embody a quintessentially British lifestyle. In March 2023 it ceased to exist as a trading entity with the intellectual property acquired by retailer Next Plc.
Dominic Joseph Andrew Chappell is a failed British businessman who has been declared bankrupt on three occasions and was convicted for tax evasion. In 2015, his company, Retail Acquisitions Ltd, purchased the now collapsed retail chain British Home Stores from Philip Green for just £1 GBP together with a £10,000,000 equity injection into BHS Group Ltd. 13 months later the company was placed into administration resulting in the closure of 164 stores and the loss of 11,000 jobs.
Hilco Global is a multinational financial services holding company. It operates over twenty businesses in five continents and specializes in asset valuation, advisory, monetization capital, and disposition services. 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, commercial, industrial and financial. Hilco Global 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, patents, and accounts receivable. Hilco Global is also considered one of the largest distressed investment and advisory companies in the world.
Norton Group Holdings Limited is the British holding company of home improvement retailer CDS Limited, which includes The Range, Wilko and Homebase, as well as a concession partnership with the Iceland supermarket chain. It is owned by chairman and CEO Chris Dawson's wife Sarah Dawson.