Content area
Full Text
Jeffrey B. Hecktman, chairman and CEO of Hilco Global, announced the formation of Hilco Corporate Finance, LLC. This new operating company will provide professional, strategic, and financial advisory services associated with selling a business or exiting a portfolio company, divesting a subsidiary or division, or completing a merger or acquisition transaction. Hilco Corporate Finance will also provide guidance for companies new to the capital markets, assist in finding additional capital sources, and facilitate capital structure improvement. The leadership team of the new operating company has experience with hundreds of prior engagements, helping clients prepare for strategic initiatives such as: recapitalization, debt restructuring, business expan- sion, liquidity creation, sale of a business, ownership succession, and management transition.
Hilco Corporate Finance will be managed by Jason R. Frank as its chief executive officer. Frank joined Hilco in 2007. A specialist in investment banking, strategy, and corporate finance with extensive corporate mergers and acquisitions experience, Frank has significant expertise in assessing going-concern enterprise...