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About Hilco Industrial

Hilco Industrial conducts more than 75 machinery and equipment auctions and orderly liquidations per year covering the broadest spectrum of industries, company types and levels of technology. Our corporate lineage spans more than 50 years, and in that time we have repositioned assets valued at more than $3 billion.

We know the true value of industrial assets
Our principals - in fact all members of our professional staff - have purposefully self-developed into "industry specialists." Whatever a company's business or the nature of its assets, our performance is underpinned by a deeply-rooted understanding of asset values and marketability.

Our work is backed by cash guarantees
In fact, we're so confident of our understanding of asset value and our ability to optimize return through adroit marketing, we are willing to put ourselves in a financial risk position by providing cash guarantees.

Our People

Three qualities characterize the Hilco Industrial organization and professional staff:

  • Principal involvement.
  • Broad and deep experience.
  • Teamwork to achieve results.

We are an organization of hands-on professionals, including principals who involve themselves in every transaction. Hilco clients benefit from great diversity in the backgrounds and perspectives of our principals and professional staff. Many have managed manufacturing or wholesale operations while others are recognized for their expertise in fields such as marketing, finance, accounting and law.

Teamwork is ingrained in our culture. Our professionals combine their talents to structure innovative asset disposition solutions. Moreover, we recognize the knowledge of the people who work for the companies we serve, which is why our process includes building a strong team relationship with them. The bottom line: the absolute best results in identifying and extracting the maximum value from saleable assets.

Look to the Hilco Industrial team for expert handling of your assignment, whether it involves the closing of a single facility or the strategic repositioning of a multi-facility national or international organization.

In North America... In Europe...
Robert Levy
Managing Partner - Hilco Industrial, LLC
rlevy@hilcoind.com

Robert LevyRobert Levy is perhaps best known for his achievements as CEO of Norman Levy Associates, a worldwide auction and valuation service firm. During its five decades of growth and industry leadership, Norman Levy Associates became the largest and most respected firm of its kind, auctioning and valuing billions of dollars-worth of industrial machinery, equipment, inventory and capital assets. The company had 10 offices throughout United States, Canada, Mexico, the United Kingdom and Korea. As CEO, Robert Levy pioneered asset management technologies designed to increase efficiencies, maximize returns and increase return on investment for many middle market and major, multi-national corporations. Clients included Boeing, McDonnell Douglas, Chrysler, Lockheed Martin, Northrop Grumman, General Dynamics, Goodyear, AT&T, Chrysler, the United States Government and BankOne.

Under the Norman Levy umbrella, Mr. Levy also founded and managed Levy/Latham Global, a company specializing in the disposition of military surplus property. Levy/Latham was the recipient of the largest privatization contract to handle remarketing of military surplus ever awarded by United States government. In March, 2000, Norman Levy Associates was acquired by DoveBid, Inc. Mr. Levy was named president of DoveBid International and a member of the DoveBid, Inc. board of directors, positions he held until March of 2004.


Stephan Wolf
Managing Partner - Hilco Industrial, LLC
swolf@hilcoind.com

Stephan WolfSteve is a 22 year veteran of the metalworking and woodworking machinery business. He has extensive experience in all aspects of the industry including liquidations, auctions and valuations.

Steve was a partner in Turner Industries, a metalworking machinery dealer with 50 years of operation. While with Turner, Steve served as President of the Machinery Dealers National Association (MDNA) after completing more than 14 years of service on their board of directors. He was also a trustee of the Machinery Information Services (MIS), publisher of the Locator magazine. He also has considerable e-commerce experience and was an officer and vice-president of a business-to-business internet company.


Marsha Fales-Wright
Vice President, Marketing - Hilco Industrial, LLC
mfales-wright@hilcoind.com 

Marsha Fales-WrightMarsha Fales-Wright brings with her over 28 years of marketing experience in the auction and valuation industry. Marsha’s focus is on all auction and event marketing, for Hilco Industrial, LLC. Marsha has been involved in all facets of the auction/valuation industry, marketing hundred thousand dollar to multi-million dollar deals for companies such as Xerox, ADC Telecommunications, DaimlerChrysler, General Dynamics, Tucker Housewares, McCulloch North America, Eastman Kodak, General Motors, Delphi, Eastern Airlines, Amforge, JDS Uniphase, to name a few. Additionally, Marsha has worked in various verticals including, but not limited to, woodworking, metalworking, surface mount technology, plastics, automotive, material handling, pulp and paper, I.T., semiconductor, printing, converting, food and chemical processing, and textiles.

In her recent position with DoveBid, as Global Marketing Director from 2000 to 2004, Marsha successfully integrated worldwide marketing groups with varying cultural differences into one cohesive unit and streamlined the entire marketing process for the entire organization. While supporting 35 offices worldwide, she was proactive in the products delivered handling over 600 cost-effective marketing campaigns in 2003. Marsha has attended Oakland Community College, and Michigan State University, studying Business Management and Finance.


Mark A. Reynolds
Senior Vice President - Hilco Industrial, LLC
mreynolds@hilcoind.com

Mark A. Reynolds, Senior Vice President - Hilco Industrial, LLCMark has over two decades of experience in the international metalworking equipment market place. Specializing in the retail, auction and appraisal arenas, Mark has developed the prerequisite knowledge and experience base required to operate professionally in the auction and appraisal industry.

Prior to joining Hilco Industrial, Mark founded and operated Vulkan International, a metal forming equipment dealership. Based in Birmingham, Alabama, Vulkan International grew into one of the largest stocking dealers in the Southeastern U.S. under Mark's leadership.

Currently, and for the past fourteen years, Mark sits on the National Board of Directors of Machinery Dealers National Association (MDNA). He also was past President of Machinery Information Services (MIS), publisher of Locator Magazine. Mark maintains his AMEA CEA equipment appraisal certification.


Joseph A. Malfitano
Executive Vice President, Special Situations
jmalfitano@hilcotrading.com

Mark A. Reynolds, Senior Vice President - Hilco Industrial, LLCFor more than a decade, Joe has been structuring complex asset acquisition and disposition transactions involving stressed, distressed and insolvent companies, including both in-court and out-of-court restructurings. Over the years, Joe has developed the expertise needed to quickly assess a situation, formulate a comprehensive set of strategic alternatives, and work to quickly to implement the solution best positioned to maximize short- and long-term stakeholder value.

Joe, who sits at the holding company Hilco Trading, works in partnership with the business units. He is primarily responsible for sourcing and structuring distressed and non-distressed transactions that involve the investment of capital by Hilco. While the majority of transactions are underpinned by either retail inventory, industrial machinery and equipment or real estate, or combinations thereof, Joe is also active in sourcing and structuring opportunities that touch upon all other asset classes or that involve services offered by Hilco's business units.

Joe joined Hilco in 2007 as the Deputy General Counsel. In that role, he was instrumental in documenting and closing over one hundred transactions representing an aggregate asset valuation in excess of $1 billion. Prior thereto, Joe was a member of the Bankruptcy & Corporate Restructuring practice of Young Conaway Stargatt & Taylor, LLP, one of Delaware's most prominent bankruptcy and corporate restructuring law firms. Joe is a graduate of State University of New York, College at Buffalo and earned his law degree from Temple University - James E. Beasley School of Law.

Daniel Gray
Managing Director - Hilco Industrial Europe
dgray@hilcoeurope.com

Daniel Gray, Associate Director - Hilco Industrial EuropeDaniel started out with Weatherall Green & Smith as an industrial valuation specialist, and with ProXchange as a European manager. He joined Hilco in 2006 from DoveBid and has over 15 years of experience in asset valuation, management and asset disposals.

More recently Daniel has specialized in the high tech industries and complex site exiting strategies. He has undertaken projects in almost every European Country. His clients have included such companies as Ericsson, Siemens, ADC, NEC, Optillion, Motorola, Jabil, Elcoteq, Solectron, Dell, Celestica, Eton, Delphi and The Ford Motor Group.

Daniel has managed hundreds of auctions with total realizations in excess of £160M.


Simon Halsey
Associate Director - Hilco Industrial Europe
shalsey@hilcoeurope.com

Simon is an expert in the sale and valuation of machine tools, metalworking and fabrication equipment. He joined the team at the beginning of 2008 to focus on industrial equipment sales. Simon has sold assets to buyers throughout the world from various manufacturing facilities in the UK and Europe, and has managed auction projects with realisations ranging from £50,000 to in excess of £2,500,000.

With over 19 years experience, Simon’s expertise extends beyond metalworking equipment to other core industries such as the automotive sector, plastics and rubber, woodworking, construction, printing, textiles, solar manufacturing and motorsport. His career began at Westminster Machine Tools, then on to Bache Treharne and Dovebid before joining Hilco.

Simon has worked for major clients in both the private sector such as Ford Motor Company, Agco Corporation, David Brown Gear Systems as well as many major UK financial institutions.