Hilco Global is pleased to announce the completion of ORIX USA’s acquisition of a majority equity ownership of Hilco Global. Hilco Global will operate as a subsidiary of ORIX USA. Together, both businesses have an enhanced ability to deliver diversified financial services capabilities and a broad range of investment capital solutions that create long-term value for their shared client base.
As part of the transaction, Hilco Global has announced our simplified operating structure into a parent company with two divisions, Professional Services and Capital Solutions.
Hilco Global Capital Solutions will expand Hilco Global’s asset management investing, particularly through asset-based private credit lending, which will benefit from ORIX USA’s capital and lending expertise and capabilities. Additionally, the Capital Solutions division will continue balance sheet investing and asset monetization across the retail, wholesale, commercial industrial, real estate, and intellectual property industries.
Jeffrey Hecktman, Founding Chairman and Chief Executive Officer of Hilco Global, will continue to lead Hilco Global as Chief Executive Officer, and Hilco Global’s executive leadership and partner base, including Mr. Hecktman, will retain a minority equity ownership position going forward. Hilco Global will operate as a subsidiary and retain its independent brand within ORIX USA under the global parent ORIX Group.