Hilco Fixture Finders to Partner with Eaton Hudson on Asset Sale For Saint Joseph's College
NORTHBROOK, Ill., Aug. 11, 2017 /PRNewswire/ -- Hilco Fixture Finders, LLC (www.hilcofixturefinders.com), in partnership with Eaton Hudson Inc. (http://www.eatonhudson.com) announced today that they have begun the disposition sale process of selected assets and operational items at Saint Joseph's College.
Located in Rensselaer, Indiana, Saint Joseph's College is a coeducational, private, Catholic Liberal Arts College. They were voted by the Princeton Review as a "Best Midwestern College" in 2017, but are temporarily suspending academic operations. Assets to be sold include but are not limited to furniture, departmental items, lab equipment, IT equipment, athletic equipment, a library collection, vehicles and maintenance equipment. There are also antiques, memorabilia, and trophies in addition to the standard operational items of a college. The asset sale is being conducted to support the future planning efforts of Saint Joseph's College. Details are posted on the Hilco Fixture Finders website at www.hilcofixturefinders.com and additional information will be available on site at Saint Joseph's College.
In the meantime, Saint Joseph's College is working diligently towards redesigning their core academic curriculum, and plan to relaunch operations as soon as possible. Please see the "Phoenix Project" to keep up with the progress that St. Joseph's College is making towards these efforts. (http://www.saintjoe.edu/phoenix.html).
Scott Hoek, CEO of Hilco Fixture Finders said, "We're planning to successfully manage this important project for Saint Joseph's College, with the goal of delivering maximum value for all of their assets. We recognize Saint Joseph's College as a quality educational institute, and will work hard to be good stewards, protecting and caring for the foundation they have laid down over their many years of operation."
The campus Furniture, Fixtures and Equipment sale will open to the public starting Monday August 14, 2017 at the college's Recreation Center. In addition, there will be an online auction of school memorabilia, trophies, and awards for the alumni in the coming weeks. Alumni and family can get additional information as event details are finalized by visiting www.hilcofixturefinders.com or directly from the college by e-mailing [email protected].
About Hilco Fixture Finders: Hilco Fixture Finders (www.hilcofixturefinders.com) is the premier fixture and equipment liquidation company in the United States, serving as a one-stop shop for all fixture related needs in either closed, closing, or remodeling locations. Hilco Fixture Finders offers a full suite of FF&E related services that includes purchasing and selling of custom pulled used Lozier brand gondola shelving; store distribution center, and warehouse FF&E sales and/or clean-out services; warehouse services, including onsite fixture packing, shipping, refurbishing and storage for future client use; and, an extensive inventory of used fixtures such as gondola shelving, racking systems, material handling equipment, and other supermarket, restaurant, and retail store FF&E. Hilco Fixture Finders provides client's fee for service, guaranteed return, and purchase and sale alternative transaction structures designed to maximize the return on the value of their assets. Hilco Fixture Finders is part of Northbrook, IL based Hilco Merchant Resources (www.hilcomerchantresources.com), one of the world's leading retail disposition experts providing a wide range of analytical, advisory, asset monetization, and capital investment services to help define and execute a retailer's strategic initiatives.
About Eaton Hudson, Inc.: Eaton Hudson specializes in strategic management solutions for leading retail companies in the area of asset disposition, inventory valuation and jewelry liquidation. Their range of services helps young, mature and distressed retail businesses manage their retail inventory, assets and real estate expansion strategies. We work collaboratively with retailers to design and execute successful disposition sales, and to restructure retail real estate portfolios to maximize value and minimize liabilities. Launched by industry veterans of the Eaton Department Stores of Toronto and Hudson Capital Partners and later joined by former executives of Silverman Consultants, our clients benefit from our financial strength and expertise. We know how to partner with retailers, financial sponsors, strategic buyers, managers, lenders and advisors to develop creative and transparent structures that align interests, enhance liquidity and create positive outcomes. Eaton Hudson has been providing innovative and strategic solutions for the disposition of excess, obsolete and discontinued inventory and other assets for nearly fifteen years. The company has offices in Toronto, Atlanta, Boston and Charleston, and employs consultants nationwide.
SOURCE Hilco Fixture Finders, LLC
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