M&A Deal Summary

Hilco Streambank Acquires LiteSheet Solutions - Intellectual Property and Related Assets

On January 26, 2023, Hilco Streambank acquired business services company LiteSheet Solutions - Intellectual Property and Related Assets from LiteSheet Solutions

Acquisition Highlights
  • This is Hilco Streambank’s 1st transaction in the Business Services sector.
  • This is Hilco Streambank’s 3rd transaction in the United States.
  • This is Hilco Streambank’s 1st transaction in Virginia.

M&A Deal Summary

Date 2023-01-26
Target LiteSheet Solutions - Intellectual Property and Related Assets
Sector Business Services
Buyer(s) Hilco Streambank
Sellers(s) LiteSheet Solutions
Deal Type Divestiture

Target

LiteSheet Solutions - Intellectual Property and Related Assets

Forest, Virginia, United States
LiteSheet Solutions - Intellectual Property and Related Assets includes internationally registered patent portfolio, domain names, and trademarks as well as an operational 20,000 square-foot production facility located in Virginia.

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Buyer(S) 1

Buyer

Hilco Streambank

Dedham, Massachusetts, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

Hilco Streambank, a division of Hilco Global, is a market leading advisory firm specializing in intellectual property disposition and valuation representing brands across various industries. Having completed numerous transactions including sales in publicly reported Chapter 11 bankruptcy cases, private transactions, and online sales through HilcoDomains.com and IPv4Auctions.com, Hilco Streambank has established itself as the premier intermediary in the consumer brand, internet and telecom communities.


DEAL STATS #
Overall 3 of 3
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Virginia M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-12 tsu.co

New York, New York, United States

tsu.co is an invite-only social media platform that rewards its community for being creative. tsu.co shares up to 90% of platform revenue with original content creators. The tsū community is made up of celebrities, athletes, artists, and everyday people who create and share original content from all over the world.

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Seller(S) 1

SELLER

LiteSheet Solutions

Forest, Virginia, United States

Category Company
Sector Electrical Equipment
DESCRIPTION

LiteSheet Solutions is a manufacturer of patented energy saving, low-maintenance, ETL-certified LED lighting products. LiteSheet Solutions is based in Forest, Virginia.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1