Wind-Down of a Non-Core Business Division
A parent company wanted to exit a non-core business division that was underperforming. They needed a partner who could manage the legal, tax, and operational complexities without reputational risk or delay.
The division required full wind-down across multiple states and systems, with vendor, employee, and customer dependencies. It had to be done fast—and clean.
Hilco took full control of the wind-down process under a fixed-fee structure—managing governance, compliance, logistics, and communication with stakeholders, all while preserving the company’s brand and business continuity.
The entire wind-down was completed within four months, under budget, and with no litigation or reputational fallout. Hilco provided a single point of execution for a multifaceted closure.
