Hilco Capital

Hilco Capital is a British financial investment and restructuring advisory company, operating in the UK, Western Europe, Canada and Australia.

History
Hilco Capital was founded in London in 2000 as a joint venture between its management team and Hilco Global.

Notable projects
Hilco has been involved with these companies, and in some cases owning and operating them for a period of time:


 * Homebase (restructuring, purchased from Wesfarmers)
 * Denby Pottery Company (debt, restructuring and management buyout)
 * Habitat (debt and restructuring, sold to Home Retail Group & Cafom)
 * HMV (purchased in 2013, sold to Sunrise Records in 2019)
 * Tilley Endurables (Canada, sold to Gibraltar & Company)
 * Glue Stores (Australia, sold to Accent Group)
 * Anglia Crown (sold to BonCulina)
 * Cath Kidston (sold to Next)
 * French Connection (provided funding, July 2020)
 * Gieves & Hawkes (credit facility, June 2022)
 * David Jones (Australia, credit facility, May 2023)
 * Superdry (funding, August 2023)
 * Peacocks (retail advisor during administration)
 * BHS (operated stores during administration)
 * Debenhams (retail adviser during administration)

Awards
Hilco Capital was awarded Special Situations Debt Provider of the Year at the IFT Awards 2022. The company also won the Turnaround of the Year Award at the Turnaround, Restructuring & Insolvency Awards (TRI) 2019. It also won the Business Rescue of the Year award (£21-50m turnover) at the Insolvency & Rescue Awards 2009.

Criticism
While the company was described in December 2018 by The Times as a vulture fund, other media reports have described this narrative as ‘scapegoat-hunting desperation’.