# Hilco Global

> Hilco Global is a Northbrook, Illinois financial services firm that figures out what things are actually worth - inventory, machinery, real estate, patents, receivables, even dead consumer brands - and then buys, sells, lends against, or liquidates them. Founded by Jeff Hecktman in 1987 out of a family business restructuring, it now runs more than 20 businesses across five continents with roughly 800 professionals, and in September 2025 sold a 70% stake to ORIX Corporation USA in a deal valuing it near $1 billion.

- **Founded:** 1987
- **Headquarters:** Northbrook, Illinois, United States
- **Founders:** Jeffrey B. Hecktman (Founder, Founding Chairman and CEO)
- **Team size:** ~800 professionals
- **Products:** Enterprise & Asset Valuation, Hilco Merchant Resources, Hilco Real Estate, Hilco Streambank, IPv4.Global
- **Notable:** Liquidated Montgomery Ward's approximately $1.8 billion in assets, one of the largest retail wind-downs in US history., Managed the roughly $2 billion Toys 'R' Us disposition and store-closing program., Handled major closures for Blockbuster and Borders.

## Products & services

- **Enterprise & Asset Valuation** — Appraisals of inventory, machinery and equipment, real estate, intellectual property, receivables and whole businesses - used by lenders, owners and courts.
- **Hilco Merchant Resources** — Retail advisory and disposition, including store-closing and going-out-of-business programs for large retailers.
- **Hilco Real Estate** — Real estate valuation, brokerage, lease restructuring, receivership and redevelopment through Hilco Redevelopment Partners.
- **Hilco Streambank** — Advisory and brokerage for intellectual property, brands, domain names and other intangible assets.
- **IPv4.Global** — Marketplace and brokerage for buying and selling IPv4 internet address blocks; brokered about $1 billion in transactions in 2023.
- **Hilco Consumer Capital / Brands** — Acquires and licenses consumer brands such as Halston and Polaroid, monetizing brand equity through licensing programs.
- **Capital Solutions** — Asset-based lending, private credit, receivables finance and balance-sheet investing that buys and sells assets across retail, industrial, real estate and IP.
- **Professional Services** — Consultative practices including diligence, dispute advisory, investment banking, turnaround consulting, investigations and geopolitical advisory.

## Achievements

- Liquidated Montgomery Ward's approximately $1.8 billion in assets, one of the largest retail wind-downs in US history.
- Managed the roughly $2 billion Toys 'R' Us disposition and store-closing program.
- Handled major closures for Blockbuster and Borders.
- Acquired and revived iconic consumer brands including Halston and Polaroid.
- Brokered about $1 billion in IPv4 internet address sales through IPv4.Global in 2023.
- Grew from a single Chicago firm in 1987 to 20+ businesses on five continents with ~800 professionals.

## Latest updates

- **2025-09** — ORIX Corporation USA completed its acquisition of a majority (roughly 70%) stake in Hilco Global; Hilco now operates as an ORIX USA subsidiary.
- **2025-09** — Hilco reorganized into two divisions - Professional Services (led by CEO David Kurtz) and Capital Solutions - both reporting to Founding Chairman and CEO Jeffrey Hecktman.
- **2025-07** — ORIX and Hilco announced the agreement to acquire a majority equity ownership, valuing the firm near $1 billion.

## Links

- Website: https://hilcoglobal.com
- LinkedIn: http://www.linkedin.com/company/hilcoglobal
- Twitter/X: https://twitter.com/HilcoGlobal
- YouTube: https://www.youtube.com/user/HilcoGlobal
- Facebook: https://www.facebook.com/HilcoGlobal

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Profile page: https://yespress.io/hilco-global
Published by YesPress — https://yespress.io
Last updated: 2026-08-16