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Hilco Valuation Services Appoints Adam Evans To Critical Role As Senior Vice President - Business Development Of Eastern Region

NORTHBROOK, Ill., Nov. 6, 2017 /PRNewswire/ -- Thomas A. Greco, Chief Executive Officer, Hilco Valuation Services, LLC, today announced Adam Evans has been appointed SVP - Business Development Manager for the Eastern region of the United States supporting the Valuation, Monetization and Advisory platforms. Mr. Evans has been with Hilco since 2001, having most recently served as the Business Development Manager for the Midwest and Central Canadian region. In this new role, Evans will focus on financial institutions as well as investment banks and other professional services advisory companies in the states of New York, New Jersey, Connecticut, Rhode Island, Maine, Vermont, New Hampshire and Pennsylvania. He will also call on private equity, hedge funds and family offices.

Mr. Evans joined Hilco in 2001 as an Industrial Appraiser with the machinery and equipment valuation team. Since 2006, Evans has managed multiple territories for Hilco Valuation Services, including the Western and Southwestern United States before moving to the Midwest in 2011. Evans is highly regarded within the industry having built lasting relationships with banks, private equity firms, investment banks, turnaround restructuring groups and other members of the financial services community.

"Adam is a natural choice to take over our business development and growth efforts in New York and the broader Eastern region," said Tom Greco. "Adam has worked within the Hilco Global organization for many years and we're confident that his experience and deep understanding of corporate finance transactions, asset-based lending, and the valuation services industry, enables him to serve our clients well, and move their transactions from qualification to closure with the highest standards and integrity."

Mr. Evans will begin his new role and responsibilities for the Eastern Region effective immediately.

About Hilco Valuation Services, LLC

Hilco Valuation Services ("HVS") [www.hilcovaluationservices.com] specializes in appraising and assessing the market value of inventory, machinery and equipment, intellectual property and full enterprises at the manufacturing, wholesale/distribution and retail levels. HVS also provides FAS 141, 142 and 157 valuations, and valuation dispute resolution litigation support as well as field examination services. HVS customers may be lenders, private equity and hedge funds, lawyers, investment banks, governments and general corporate entities that must establish the market value of business assets as collateral for financings, merger and acquisition transactions or for accounting, reporting, compliance and tax matters. HVS employs more than 150 professionals and serves the global marketplace from offices in key business centers throughout the United States, Brazil, Canada, Mexico and the United Kingdom. HAS is a unit of Northbrook, IL-based Hilco Global, LLC, [www.hilcoglobal.com] a privately-held, diversified financial and operational services firm whose principal business is to help clients create more value for their corporate assets through an international platform of acquisition, disposition, valuation, financing and consulting business units.

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SOURCE Hilco Valuation Services