Hilco Industrial Hires Mark A. Smith as Managing Director to Focus on Continued Growth of Metals and Mining Sector

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Jul 11, 2017, 16:12 ET

CHICAGO, July 11, 2017 /PRNewswire/ -- Hilco Industrial, LLC announced today that Mark A. Smith has joined the firm, focusing on the metals, mining and adjacent sectors. Mr. Smith is based in Northbrook, IL, reporting to Tom Greco and Steve Wolf, Co-CEOs of Hilco Industrial.

Mr. Smith joins Hilco Industrial from Houlihan Lokey, where he was Global Head of Metals and Mining. Prior to Houlihan Lokey, Mr. Smith was serving as managing director in the metals & mining practice at HSBC Securities in New York. He has also held senior executive roles at FTI Consulting, ABN AMRO/Royal Bank of Scotland and GE Capital, among others.

"Mark brings a tremendous range of deal making experience to Hilco Industrial, having worked on M&A transactions, strategic advisory, capital raising, valuation, and numerous related investment banking activities over a nearly 20-year career," said Mr. Greco. "We are thrilled that Mark is joining Hilco Industrial and we're certain his deep experience in the Metals and Mining sector will be invaluable as we continue to expand our overall global asset monetization platform," Mr. Wolf added.

Mr. Smith expressed enthusiasm for his new role indicating that Hilco Industrial is a market leader that consistently stands apart from the competition with monetization strategies that are second to none. "I was drawn to Hilco Industrial because it has the capital, the appetite and the resources to assume the risk with a willingness to guarantee sale results," said Mr. Smith. "I look forward to enhancing the in-depth sector expertise in metals and mining as well as the broad industry knowledge that Hilco Global regularly delivers to its clients."

Mr. Smith holds a BBA in finance and economics from Indiana University and an MBA from Kellogg School of Management at Northwestern University.

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.

SOURCE Hilco Global