Hilco Corporate Finance logo
To exceed customer expectations, Hilco Corporate Finance has carefully built our organization to go beyond the traditional investment banking services offered by thousands of competitors.
Learn More

Investment Banking Services

Hilco Corporate Finance will identify, evaluate, select and pursue the best options for each unique situation. Our team of experts will formulate value projections, identify counter parties, prepare marketing materials, and assist with the myriad of issues and decisions you may face within your unique situation. Our team of professionals will provide proven leadership and a global reach with a track record of success for middle market companies.

Learn More

Added Value Services

We create incremental value in the transaction process for Middle Market Companies. By taking advantage of our extensive platform of services, resident knowledge and global reach we work to identify the intrinsic value of the business asset, deliver a clear approach to maximize and monetize the value of that asset, and provide valuation services including lending, financial reporting, compliance, fairness opinions, tax, and dispute resolution.

Learn More

Middle Market Focus

For 30 years Hilco Global has focused on Middle Market customers. We understand the marketplace well. Our corporate finance organization focuses on transactions between $20 and $250 million for small and middle-market companies headquartered in North America and larger companies wishing to acquire, merge or divest divisions.

We are industry agnostic. We have significant experience in retail, consumer products, manufacturing, healthcare, business and professional services, financial services, automotive, energy, technology, among others.

Learn More

News

Hilco Streambank to Sell Intellectual Property of Draw Another Circle, LLC

Aug 17, 2016
Hastings® Entertainment and MovieStop® IP to be Sold Through Chapter 11 Process

 

New York, NY, August 17, 2016: Hilco Streambank (www.hilcostreambank.com) has been hired, subject to bankruptcy court approval, to assist Draw Another Circle, LLC d/b/a Hastings Entertainment in the sale of its intellectual property assets. The assets include all IP associated with the Hastings®, MovieStop® and Tradesmart® brands. The sale is being conducted pursuant to Section 363 of the Bankruptcy Code in the Draw Another Circle, LLC Chapter 11 case pending in the United States Bankruptcy Court for the District of Delaware. Parties interested in acquiring the IP assets have been asked to submit bids on or before Thursday, September 15, 2016 at 5:00PM ET. 

 

“The Hastings® brand has strong recognition by consumers in the new and used multimedia market throughout the Southern, Midwest, Northwest and Northeast U.S.” said Hilco Streambank CEO, Gabe Fried.  “Over the last fifty years, the Company has established itself as a leading multimedia entertainment and lifestyle retailer whose offerings include movies, video games and consoles, software, consumer electronics, comic books, collectible trading cards, action figures, recreation and hobby products, and related apparel and accessories, at competitive price points for both the newest releases as well as vintage products. By acquiring the MovieStop® brand from GameStop Corporation in 2014, Hastings Entertainment was able to provide their loyal customer base of over fifteen million with unmatched variety and quality in their movie product lines.”

 

Hastings Entertainment operated over 170 stores between each of their banners, as well as its e-commerce platform, www.gohastings.com , which generated approximately 70 million unique page views over the last year.

 

Parties interested in learning more about these assets, the sale process and other bidding requirements should contact Hilco Streambank directly using the contact information provided below.

 

About Hilco Streambank

Hilco Streambank is a market leading advisory firm specializing in intellectual property disposition and valuation representing brands across various industries. Having completed numerous transactions including sales in publicly reported Chapter 11 bankruptcy cases, private transactions, and online sales through HilcoDomains.com and IPv4Auctions.com, Hilco Streambank has established itself as the premier intermediary in the consumer brand, internet and telecom communities. Hilco Streambank is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), a worldwide financial services company and a leader in helping companies maximize the value of their assets.

 

For questions or more information regarding the Hastings® and MovieStop® intellectual property, please contact:

 

Gabe Fried

CEO

Hilco Streambank

(781) 471-1238

gfried@hilcoglobal.com

 

Jack Hazan

Executive Vice President

Hilco Streambank

(212) 610-5663

jhazan@hilcoglobal.com

 

Benjamin Kaplan

Associate

Hilco Streambank

(646) 651-1978

bkaplan@hilcoglobal.com

 

Dmitriy Chemlin

Director

Hilco Streambank

(212) 610-5642

dchemlin@hilcoglobal.com

Hilco Global will only use data you have agreed to share with us. You have the ability to view, change and delete data at any time upon request. Please view our privacy policy.

 Hilco Global - Vested on your success

Visit Hilco Global to discover the full array of valuation, monetization and advisory business solutions.

Learn More