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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.

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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.

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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.

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The Save Phace, Inc. Face Protection Patent Portfolio is Offered For Sale

Mar 11, 2020

Benzinga.com covered the sale of Save Phace Welding Helmets and Sports Utility Masks.

Hilco Streambank is Marketing a Patent Portfolio Commercialized for Welding Helmets and Sports Utility Masks. 

Hilco Streambank, a market leading advisory firm specializing in the sale of intellectual property assets and domain name brokerage, is marketing for sale the patent portfolio and certain related assets of Save Phace, Inc. The patent portfolio contains utility and design patents that have been commercialized in the form of  welding masks and sports utility masks that seamlessly blend high end performance with a sleek design. The sale is being conducted by Hilco Streambank on behalf of Dennis Roossien as Receiver and is subject to approval of the Judicial District Court of Grayson County, Texas, which is overseeing the Receivership.

Offers are due by April 14, 2020.

Save Phace’s patent portfolio covers several specific face protection mask designs, most commonly used for welding and action sports, as well as a lens assembly method specific to the patented mask designs. The patented welding helmet designs include a revolutionary 3-in-1 design that works as a welding helmet, grinding mask and splash guard, and it is the only welding helmet that offers a 180-degree field of view with an integrated 4”x4” auto-darkening filter (ADF). This patented lens-in-a-lens technology gives the user unmatched protection and the flexibility to swap either lens as needed. This functionality lead to the success of the Save Phace welding mask, and moreover, its applications extend well beyond its current use embodied by the Save Phace welding helmets.

Hilco Streambank CEO, Gabe Fried, commented, “A buyer of the patents has the opportunity to build upon the Save Phace patented technology.” Mr. Fried added, “All of the products covered by the portfolio, from the welding helmets to the sports utility masks, have been well-received in the marketplace.” 

Parties interested in the patent portfolio or learning more about the sale process should CLICK HERE or contact Hilco Streambank directly using the contact information provided below.

Gabe Fried
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Richelle Kalnit
Senior Vice President
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<gu-sc> </gu-sc>Ben Kaplan
Vice President
<gu-sc-dial data-dn="6466511978" title="Click to dial 6466511978"><gu-sc-img></gu-sc-img>646.651.1978</gu-sc-dial></gu-sc>

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