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Linens ‘N Things

 

Hilco Streambank’s Role

In 2013, Hilco Streambank was retained to market for sale the trademarks, domain names, customer database, and related intellectual property assets of Linens ‘N Things.

The brand focused on offering consumers a one-stop shopping experience, attractive products, smart pricing, and great customer service for brand name linens. As of 2007, Linens N’ Things operated 589 stores throughout the United States and Canada, leading to over $2.7 billion in annual revenue.

Hilco Streambank Closed the Deals

The opportunity generated a high amount of interest, resulting in a sale of the Linens ‘N Things intellectual property assets to Galaxy Brand Holdings, a portfolio company of Carlyle Group.  Subsequently, the brand was sold to Sequential Brands.

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