Hilco Streambank is seeking offers to acquire the remaining intangible assets of National Event Company (“NECO”). The available assets include a premium domain name portfolio and vanity phone numbers. Interested parties have until January 16, 2018 to submit an offer for some or all of the assets.
The IP assets include:
- a four-letter domain name (NECO.com);
- the Toll-Free Phone Numbers used to purchase event tickets including 1-800-NECO-TIX;
- TheUltimateFan.com domain name; and
- Professional football team specific fan travel domain names for 29 professional football teams (ie., jetsfantravel.com, cowboysfantravel.com, dolphinsfantravel.com, et al.)
NECO, founded in 2006, was an industry leader in providing VIP access and premium tickets to concerts, Broadway theater, red carpet premiers and sporting events worldwide. NECO traditionally sold tickets through exclusive broker relationships and intermediary websites such as StubHub, Seat Geek and Tickets.com along with direct-to-consumer sales through NECO.com. In addition to a ticket brokerage business, NECO developed several event-driven and branded properties including www.TheUltimateFan.com and had plans to build out digital properties geared toward football fanatics.
According to Hilco Streambank EVP, Jack Hazan, “the NECO portfolio of assets can be leveraged across multiple lines of business including ticket sales, pro football fan travel, fantasy sports, and online sellers of sporting goods and memorabilia. In addition, the NECO.com URL is a valuable premium 4-letter domain name with application in multiple product categories and business abbreviations.”
About Hilco Streambank
Hilco Streambank is a market leading advisory firm specializing in intellectual property disposition and valuation. Hilco Streambank is a leader in the IP valuation and disposition market, 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 leader in helping companies maximize the value of their assets.