In December 2018 Hilco Streambank was appointed by Paul Appleton and Paul Cooper of David Rubin and Partners, the Joint Administrators of Blippar.com Limited (in Administration) to solicit offers for Blippar’s valuable software, apps and other intellectual property assets. Blippar’ augmented reality (AR) and computer vision technology had been used by brands such a PepsiCo, Porsche, Cadbury, L’Oréal, GSK and Procter & Gamble to create engaging and award-winning AR experiences across the consumer journey which deepen customer engagement, drive footfall and increase sales. Working in conjunction with PDS Valuers, Hilco conducted a thorough sales and marketing process, conducting direct outreach. The process generated an immense amount of global interest and resulted in numerous parties submitting bids. The acquisition will lead to a return to creditors and the employment of a number of Blippar’s former staff.

Hilco Streambank was appointed by Brian Baker of Kingston Smith & Partners LLP as Liquidator of MADE-BY Label UK Limited (in Liquidation) to market the key assets of MADE-BY, the renowned European sustainable apparel advisor. Prior to commencing insolvency processes in October 2018, MADE-BY had operations in the UK, Holland, Italy and Germany, and supported leading fashion brands including Ted Baker, Primark, ASOS and G-Star to implement good environmental and social standards that could be maintained within a commercial environment. Its proprietary benchmark tools included sustainability progress analysis tool MODE Tracker™ and Environmental Benchmark for Fibres. Hilco identified and highlighted value in the key assets and conducted an extensive sales and marketing process, building a bespoke database of potentially interested parties in the sector. This resulted in a significant level of interest from which Anthesis Group, a global sustainability and solutions provider, introduced by Hilco, emerged as the successful bidder. Hilco effectively managed the swift completion of the deal.

In November 2018 Paul Masters and Conrad Beighton of Leonard Curtis Recovery Limited as Joint Administrators instructed Hilco Streambank to actively seek interested parties with regards to the sale of the business and assets of Exosect Limited (in Administration) (“Exosect” or the “Company”), including its extensive intellectual property assets and proprietary know-how consisting of the understanding, experience and knowledge of Exosect’s highly skilled employees. Exosect was an innovative formulations business which had been developing pioneering sustainable pest and disease control solutions to tackle a wide range of problems throughout the food supply chain. The Company’s unique technology was protected through an extensive suite of patents, with over 150 granted and pending patents. Hilco Streambank undertook a comprehensive sales and marketing exercise which aroused strong international interest in the business and assets. Hilco populated a virtual data room which contained confidential materials regarding the intellectual property and assisted interest parties with their due diligence enquires. The resulting competitive bidding process was effectively managed by the Hilco team who coordinated swift completion.

Hilco Streambank was hired in conjunction with IPMetrics and Darwin IP Advisors to market the sizeable patent portfolio of BeamReach Solar and some related inventory. BeamReach had developed proprietary solar racking and panel technology that provided end-users increased capacity and efficiency as well as flexibility when positioning and mounting the panels, and allowed installers to complete a project in a fraction of the time it would take with traditional methods and technology. We helped the client identify multiple interested parties for all the assets and subsets of the assets, and assisted with the review and qualification of the offers submitted by those interested parties. A subset of the assets was sold in November 2017.

Hilco Streambank was appointed to conduct a sales and marketing exercise of the Ciro Citterio brand and associated intangible assets. Ciro Citterio was a heritage brand in the menswear industry, which was historically traded in over 150 high street stores and generated over £65m ($84m) in annual revenue. We conducted a comprehensive sales and marketing exercise directed at our extensive database of buyers of assets in the retail sector. We reached out to potentially interested parties with a teaser detailing the opportunity and conducted targeted calls to known retail contacts. The opportunity generated a substantial amount of interest from parties introduced by Hilco and a number of offers were received for the intellectual property. Hilco effectively managed the competitive bidding process and secured a deal with the highest bidder, a major UK retailer. The deal was successfully completed, resulting in a greater than expected return for the assets. Deal terms were not disclosed.

In July 2018 Paul Masters and Conrad Beighton of Leonard Curtis Recovery Limited as Joint Administrators of Green Energy Geothermal International Limited (in Administration) and Green Energy Geothermal UK Limited (in Administration), appointed Hilco Streambank to sell the business and assets of the Companies and their shareholding in an Icelandic subsidiary.

Hilco Streambank was retained by the secured lender of EcoMotors to market and sell the patent portfolio, equipment, prototypes, inventory and related know-how of the company, which designed opposed-piston opposed cylinder (OPOC) high efficiency engines. EcoMotors developed advanced technology to support commercial production of the OPOC engine. EcoMotors’ OPOC architecture uses fewer parts and offer significant increases in fuel efficiency, reductions in weight, emissions, and cost compared to the conventional internal combustion engines. Applications are wide ranging, and include; passenger & commercial vehicles, agriculture & construction equipment, marine propulsion & auxiliary equipment, and power generation. We assisted the lender in successfully closing the sale of approximately 60 patents in an Article 9 process.

Hilco Streambank was hired in conjunction with IPMetrics and Darwin IP Advisors to market the sizeable patent portfolio of BeamReach Solar and some related inventory. BeamReach had developed proprietary solar racking and panel technology that provided end-users increased capacity and efficiency as well as flexibility when positioning and mounting the panels, and allowed installers to complete a project in a fraction of the time it would take with traditional methods and technology. We helped the client identify multiple interested parties for all the assets and subsets of the assets, and assisted with the review and qualification of the offers submitted by those interested parties. A subset of the assets was sold in November 2017.

In July 2018, Simon Thomas and Arron Kendall of Moorfields Advisory Limited and as the Joint Liquidators of Beyond the Sea Limited (in Liquidation) t/a Hot Records appointed Hilco Streambank to actively seek interested parties with regards to the sale of the rights and associated income owned by Hot Records in relation to circa 1,000 musical compositions. We conducted a comprehensive sales and marketing exercise directed at our bespoke database of buyers of music rights. The opportunity generated a great amount of interest and a number of offers were received for the rights, all from parties introduced by Hilco Streambank.

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In July 2018, James Sleight, Oliver Collinge, and Peter Hart of Geoffrey Martin & Co. and as the Joint Administrators of inSpiral Visionary Products Limited (in Administration) appointed Hilco Streambank to actively seek interested parties with regards to the sale of the Company's intellectual property assets, including its brand, website, and domain name. We conducted a comprehensive sales and marketing exercise directed at our bespoke database of buyers of intellectual property assets in the vegan foods sector. The opportunity generated a great amount of interest and a number of offers were received for the intellectual property, resulting in a greater than expected return for the assets.

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In September 2018, Daniel Butters and Clare Boardman of Deloitte LLP as the Joint Administrators of Poundworld Retail Limited (in Administration) appointed Hilco Streambank to actively seek interested parties with regards to the sale of the Company’s intellectual property assets, including the Poundworld and Bargain Buys brands, trademarks, websites, and domain names. We conducted a comprehensive sales and marketing exercise directed at our bespoke database of buyers of intellectual property assets in the discount retail sector. The opportunity generated a great amount of interest and a number of offers were received for the intellectual property.

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The joint venture that purchased substantially all of The Bon-Ton assets out of bankruptcy engaged Hilco Streambank to market and sell the intellectual property assets. We led an auction that lasted approximately 10 hours, creatively pairing the high bidder with L’Oréal, which purchased certain customer data, with the buyer of all of the intellectual property, in order to maximize the value of the assets. The sale proceeds totaled more than $1.1 million. Since the sale closing, The Bon-Ton brand has been relaunched and is open for business.

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Styles for Less, Inc. (the “Company”) retained Hilco Streambank as its exclusive broker for its intellectual property assets. The assets for sale included the Styles for Less® brand, trademarks, domain names, customer data and social media assets. We conducted an auction at which more than 25 bids were placed, resulting in the sale of subsets of the Company’s intellectual property assets to two bidders, for a total of over $80,000.

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The Great Atlantic & Pacific Tea Company, Inc. filed for bankruptcy in 2015. Hilco Streambank was retained as the company’s exclusive agent to market the company’s brands, including its Food Emporium, Pathmark, Superfresh, A&P and Waldbaum’s supermarket banners, as well as its America’s Choice, Green Way and Jane Parker private label brands. We assisted the company in the sale of 23 brand names during the course of our engagement, closing more than a dozen separate sales for the storied brands.

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Started in 2014, LittleThings began as a blog for a pet food ecommerce website and evolved into a popular destination for meaningful and inspiring content. Amassing over 24 million social followers, LittleThings expanded to roll out a steady stream of lifestyle content including real life stories and videos, recipes and DIY projects. In March 2018, LittleThings retained Hilco Streambank to market and sell its intellectual property assets, including social media assets and technology. We developed a marketing plan and implemented it under an aggressive timeline. The opportunity generated an incredible amount of interest, with nearly one-third of the parties we contacted entering into a confidentiality agreement and gaining access to the virtual data room containing confidential information. LittleThings closed a deal with RockYou Media to acquire the intellectual property and other assets within 6 weeks of Hilco Streambank’s engagement.

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dELiA*s, a teen fashion retailer, was founded in 1993 and recorded sales of over $100 million from 2011 to 2013. The brand developed a multi-generational following of loyal customers looking for the latest trends, style insights and fashion expertise, and was considered a vanguard of the junior’s apparel market. The company filed for bankruptcy protection at the end of 2014 and liquidated its inventory. Hilco Streambank was engaged to sell the company’s intellectual property assets, including its customer database of more than 4.9 million customer files, including over 2.5 million email subscribers, which drastically increased the value of its e-commerce platform. The intellectual property was sold for $2.5 million. Subsequently, the purchaser of the intellectual property engaged Hilco Streambank to sell the intellectual property assets on its behalf. We marketed and successfully closed on this subsequent purchase in an out-of-court transaction. In 2018, Hilco Streambank also successfully matched the new buyer up with Dolls Kill, a well-known online retailer, who has launched a "capsule" Delia's line as the buyer's licensee.

Ibex's sponsor engaged Hilco Streambank to assist the company in the sale of Ibex's intellectual property assets. Ibex designed, sourced, marketed and distributed premium Merino wool apparel and accessories for the fashion-conscious outdoor enthusiast. The intellectual property included Ibex's trademarks, domain names, customer data, social media accounts and Ibex's proprietary product lifecycle management system.

National Event Company (“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. In June 2017, NECO filed for bankruptcy and, subsequently, the secured lender foreclosed on NECO’s assets. The auction resulted in sales of the NECO.com and TheUltimateFan.com domain names along with the portfolio of toll-free and vanity phone numbers in February 2018. The terms of the sales were not disclosed.

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Ibex's sponsor engaged Hilco Streambank to assist the company in the sale of Ibex's intellectual property assets. Ibex designed, sourced, marketed and distributed premium Merino wool apparel and accessories for the fashion-conscious outdoor enthusiast. The intellectual property included Ibex's trademarks, domain names, customer data, social media accounts and Ibex's proprietary product lifecycle management system.

Hilco Streambank developed a marketing program designed for the Ibex intellectual property assets. We reached out to approximately 200 potentially interested parties with a teaser detailing the opportunity and populated a virtual data room containing confidential materials regarding the assets available for sale. Hilco Streambank emphasized Ibex's unparalleled brand loyalty - nearly 95% of Ibex's customers stated they were extremely or very satisfied with Ibex overall - and growth opportunity to expand within wholesale and e-commerce channels. Interested parties demonstrated substantial interest in the assets; more than 50 parties signed non-disclosure agreements in order to be given access to the virtual data room.

The sale of Ibex's intellectual property closed in early March 2018. The assets were purchased by Flour Fund for an undisclosed sum.

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Country Curtains engaged Hilco Streambank to assist the company in the sale of its intellectual property assets, including its trademarks, domain names, certain customer data, e-commerce platform, social media accounts and design library. Hilco Streambank developed a marketing program exclusively designed for the Country Curtains intellectual property assets. We reached out to approximately 250 potentially interested parties with a teaser detailing the opportunity and populated a virtual data room containing confidential materials regarding the assets available for sale. Country Curtains sold its intellectual property assets in February, 2018. The sale closed within approximately 2½ months of the commencement of Hilco Streambank's marketing efforts.

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In September, 2017, the assets of giggle, Inc. were assigned to an assignee for the benefit of creditors. The assignee engaged Hilco Streambank to assist him in the sale of giggle’s intellectual property assets, which included the premium domain name giggle.com, trademarks, additional domain names, the design library for giggle’s proprietary products and customer data. We were also engaged to market the intellectual property assets of Right Start, a company purchased by giggle in 2016. Right Start’s assets included trademarks and domain names, including the premium domain names babyshower.com and rightstart.com. Following the marketing process for these assets, the assignee decided to relinquish his interest in the intellectual property to permit the secured lender, Gordon Brothers Brands, LLC (GBB), to pursue an Article 9 foreclosure of its collateral. Hilco Streambank was engaged by GBB in February, 2018, as its agent in connection with the foreclosure sale of its collateral, which included giggle’s intellectual property and giggle’s equity interests in Right Start.

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