On July 3, 2025, ORIX announced that it had entered into a definitive agreement to acquire a majority stake in Hilco.
On July 3, 2025, ORIX Corporation USA (“ORIX”) (NYSE: IX) announced that it had entered into a definitive agreement to acquire a majority stake in Hilco Global (“Hilco”). Under the terms of the Agreement, Jeffrey B. Hecktman, Executive Chairman, Chief Executive Officer, and Founder of Hilco Global, will continue to lead Hilco as Chief Executive Officer, and Hilco’s executive leadership and partner base will retain a minority equity ownership position going forward. Additionally, Hilco will operate as a subsidiary of ORIX. The transaction is expected to close in the third quarter of 2025 after the satisfaction of customary closing conditions and the receipt of required regulatory approvals. Further terms of the transaction were not disclosed.
ORIX, based in Dallas, Texas, is an integrated investment and asset management firm focused on the U.S. middle market, specializing in private credit, real estate, and private equity solutions. As of June 2025, ORIX had $91.3 billion in assets under management.
Hilco, based in Northbrook, Illinois, is a privately held diversified financial services company and the world’s preeminent authority on maximizing the value of assets. As of June 2025, Hilco had $3 billion in assets under management.
To read the press release: please click here.