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John Sharpe Joins Hilco Industrial as Co-Managing Director - Canada

NORTHBROOK, Ill., July 7, 2015 (GLOBE NEWSWIRE) -- Hilco Global (www.hilcoglobal.com) announced today that John Sharpe has joined Hilco Industrial as Co-Managing Director – Canada. In this role, Mr. Sharpe will be jointly responsible for oversight and continued growth and expansion of the industrial valuation and monetization practices throughout Canada in partnership with Bruce Lyle.

Steve Wolf – CEO of Hilco Industrial said "We're excited to have John join us to continue building our robust M & E business throughout Canada. John has extensive experience and is a recognized leader, known as one of the foremost experts in the Industrial Equipment Industry. Together, John and Bruce Lyle make an outstanding executive team."

As Co-Managing Director, Sharpe will be responsible for overseeing all business functions required to manage Hilco Global operations in Canada. Mr. Sharpe brings over 20 years of experience in the industrial auction marketplace, having negotiated the acquisition and subsequent sale of hundreds of millions of dollars of industrial related assets including metalworking, plastics, printing, processing, construction equipment and so much more for such clients as General Electric, GM, National Acme as well as many medium and smaller size tool and die shops.

Mr. Sharpe started his career at Corporate Assets, Inc. in Canada in 1995 where he gained extensive experience in the industrial equipment disposition business. Over the years, John developed a reputation as one of the industry's true experts with a unique understanding of the industrial machinery & equipment, liquidation, and restructuring and insolvency markets from the ground up. Sharpe also served as Senior Vice President at Infinity Asset Solutions from 2012 – 2015 adding new client relationships and conducting hundreds of successful sales and disposition projects.

John holds auction licenses in good standing in the U.S and Canada and is considered the preeminent auctioneer with an impeccable reputation of delivering for his clients.

About Hilco Industrial:

Hilco Industrial (www.hilcoind.com) provides industrial asset acquisition and disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies. Hilco Industrial buys and sells assets through on-site, online and combination webcast auction sale events as well as negotiated (private treaty) sales. In addition to providing services on a fee or commission basis, Hilco Industrial puts capital at risk and often acquires assets or provides guarantees.

Hilco Industrial is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate repositioning and renegotiation, strategic advisory, operational consulting and strategic capital equity investments.

CONTACT: Gary C. Epstein EVP - Chief Marketing Officer Hilco Global 847 418 2712 gepstein@hilcoglobal.com

Source: Hilco Global