It operates over twenty businesses in five continents and specializes in asset valuation, advisory, monetization capital, and disposition services.

[2] Hecktman founded Hilco Trading Company after restructuring his family's industrial supply firm and selling off many of the business' under performing assets.

[2] Hilco Global began drawing attention from major investors in 2006 when it was announced that Goldman Sachs Group and Cerberus Capital Management were in talks to purchase a significant stake in the company.

[1] In 2019, Hilco Global sold 27% of itself to La Caisse de dépôt et placement du Québec (CDPQ), a company which manages public Canadian pension and insurance funds.

[12] Hilco Merchant Resources also expanded its operations by opening an office in Australia, taking on retail inventory liquidations of stores that include Fletcher Jones,[13] Dubbo Everyday Living[14] and Dick Smith.

[15] ReStore for Retail, a Hilco Global company, introduced a mobile visual merchandising and operations software service to aid the woking of the frontline store associates and managers and update the in-store shopping experience.

Later renamed Hilco Valuation Services, the company is based in the U.S. and has global offices in the U.K., Canada, Australia, Mexico, South American and Asia.

Additional brands purchased by Hilco include the Ram and Tommy Armour golf club lines, both companies that were previously based in Chicago,[1] as well as Le Tigre, Haute Hippie, Portico, Under the Canopy, Linens 'n Things, and Polaroid.

The company was formed to provide services for intellectual property brands such as Borders, Posh, Tots,[36] Linens N’ Things and Circuit City.

[39] Hilco Streambank also managed the intellectual property sale for Charming Charlie in 2019 after they went bankrupt including their trademarks, domain names, customer data, and social media assets.

[40] In 2020, Hilco Streambank managed the marketing and selling of all Earth Fare stores, leases, and intellectual property after they filed for bankruptcy.

[46] In 2012, Hilco Redevelopment Partners (HRP) bought the Sparrows Point Steel Mill in Maryland to demolish and rebuild as a warehouse distribution hub, renamed Tradepoint Atlantic.

[47][4] In 2017, HRP bought the Crawford Generating Station in Little Village, Chicago, to transform the space into an updated distribution center called Exchange 55.

[51] HRP appointed four people to the company's corporate advisory board namely Dr. Judith Rodin, Lieutenant General Thomas P. Bostick (Ret.