Hilco Streambank was appointed by Clare Boardman and Richard Hawes of Deloitte LLP to market the intellectual property assets of Beta Distribution Plc (in Administration), Beta Distribution Employee Services LLP (in Administration), Beta Services (UK) Limited (in Administration), and The Content Wall Limited (in Administration) (collectively “Beta Distribution” or the “Group”). Beta Distribution was one of Europe’s largest distributors of office IT equipment, accessories, and consumables, with over £185m in historic annual revenue. We conducted a comprehensive sales and marketing exercise, built a bespoke database of buyers of assets in the IT sector, reaching out to over 200 potentially interested parties with a teaser detailing the opportunity. Following a number of offers we successfully completed a deal with the highest bidder. We also identified that the Group assets included a number of Microsoft Licenses which we were able to successfully market and monetise in a separate deal. Deal terms were not disclosed.