Latest Case Studies

CASE STUDY: OIL & GAS Funding the Timely Purchase of 600 Miles of Industrial Pipe

In May of 2020 Hilco Valuation Services and Hilco Receivables purchased the assets of 19th Capital Group, a distressed provider of asset financing and fleet management solutions for operators of Class 8 fleets across the North American trucking industry. The purchased assets included a fully equipped industrial shop space, ~1,700 idle trucks and ~2,050 trucks on active lease. Hilco was able to retain ~50 employees as part of the purchase and establishment of the new fleet management operating company, H19 Capital.

A leading middle-market Private Equity firm was considering the purchase of a utility maintenance and service company that owned and operated a fleet of specialized heavy-duty work trucks.

In 2019, an over-supply of Class 8 trucks flooded the market resulting in a significant downturn in the freight industry. 19th Capital’s active lease percentage dropped drastically, and profitability plummeted. The issue was magnified by the fact that the company had been bought and sold many times in recent years. Its legacy owners included Celedon and Quality Companies. These rapid management changes left 19th Capital without strategic direction and efficient processes.

In a rising cost environment, it is critical for businesses to have real-time visibility as to precisely how higher consumer prices and cost containment practices are impacting EBITDA.

Our private equity (PE) owned client based in Windsor, Ontario operates in the automotive and industrial tool manufacturing industries.

A new private equity (PE) platform was built from 15 add-on acquisitions to achieve revenue synergies across the entities.

A provider of oil and gas handling equipment based in the Houston area was struggling to get profitable.