August 20, 2014 5:40 PM ET

Capital Markets

Company Overview of Hilco UK Limited

Company Overview

Hilco UK Limited is a private equity investment arm of Hilco Trading, LLC specializing in restructuring, turnarounds, acquisition of under-performing businesses or divisions; implementing store closure programmes; and purchasing distressed debt positions. It seeks to invest in the retail sector. Hilco UK Limited is based in London, United Kingdom.

80 New Bond Street

London,  W1S 1SB

United Kingdom

Phone:

44 20 7317 2050

Fax:

44 20 7317 2051

Key Executives for Hilco UK Limited

Chief Executive and Founding Partner
European Chief Financial Officer
Chief Operating Officer
Compensation as of Fiscal Year 2014.

Hilco UK Limited Key Developments

Hilco to Cut 400 Jobs at Stores

The new owner of HMV is expected to cut more than 400 jobs at the music retailer. Hilco, which bought 141 HMV stores earlier this April in a £50 million deal, has sent a memo to staff earmarking several positions to be cut.

Hilco Reportedly Eyeing To Acquire Jessops

Hilco UK Limited is believed to be interested in the acquisition of Jessops plc. Hilco is in discussions with PricewaterhouseCoopers, administrators of Jessops for a potential acquisition of its brands. Retail Week reported that Hilco is a front-runner among all the interested parties. Rob Hunt, joint administrator of Jessops and PricewaterhouseCoopers partner confirmed that there are several parties interested in the Jessops brand but did not disclose any further details about the individual parties.

Stafford Also Interested In Acquisition Of JJB

Stafford Holdings Ltd. is also interested in bidding to buy stake in JJB Sports plc. Stafford Group faces stiff competition to buy JJB. Mike Ashley has reported to be the frontrunner to buy JJB. According to people close to the situation, GA Europe Investments 100 Limited, Dick's Sporting Goods Inc., JD Sports Fashion plc, Hilco UK Limited and Hargreaves (Sports) Limited have also submitted bids. The directors of JJB Sports are hoping to strike a deal this week.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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