Case Histories

Commercial and Industrial Equipment 

Baked Cheese Snack Food Plant - Elgin, Illinois

Situation

Hyper Group was engaged to manage the sale of all machinery and equipment within a modern baked cheese snack facility on behalf of the company’s secured creditors.

Twin Express - Glencoe, Minnesota

Situation

A court-appointed Receiver engaged Hyper Group to marshal and sell Twin Express’ fleet of 70 truck tractors and 88 refrigerated trailers.

Dura Automotive - Illinois, Tennessee, Missouri, and Michigan

Situation

A private equity client undertook the acquisition and consolidation of two automotive suppliers:  Dura Automotive and Shiloh Industries.  This resulted in the closure of multiple metal fabrication and stamping facilities across the US and Europe.

Reditus Laboratories - Illinois and Wisconsin

Situation

Hyper Group was engaged by the court-appointed Receiver for Reditus Laboratories to monetize the assets of two advanced testing facilities in Illinois and Wisconsin. The assets included late-model, state-of-the-art laboratory and diagnostic equipment.

Former Ward Foundry - Blossburg, Pennsylvania

Situation

Hyper Group was engaged by the owner to manage the sale of all assets inside the 390,000-square-foot former Ward Foundry in Blossburg, Pennsylvania.

Solid Comfort - Fargo, North Dakota

Situation

Solid Comfort, a Tier 1 supplier of wooden and laminated case goods for major hotel brands, elected to wind down operations and sought to sell all production equipment from its 220,000-square-foot facility.

GenCanna - Lexington, Kentucky

Situation

Vertically integrated CBD supplier GenCanna was undergoing a restructuring process under new ownership, requiring the disposition of non-essential assets across multiple operational categories.

ACE Hardware - Throughout the U.S.

Situation

ACE Hardware, a leading national hardware retailer, has been strategically exiting older distribution centers across the U.S. as it transitions to new, larger facilities. Hyper Group has played a key role in this process, assisting with the closure of more than 10 distribution centers to date.

Turnkey Sales

Besse Forest Products - Wisconsin and Michigan

Situation

Hyper Group was engaged by the court-appointed Receiver for Besse Forest Products to monetize six green lumber sawmills and hardwood veneer mills, including all associated real estate assets.

Zummit Plastics - Phoenix, Arizona

Situation

Hyper Group was engaged to sell the assets of major stretch-film producer Zummit Plastics on behalf of its secured creditors.

Delta Energy - Natchez, Mississippi

Situation

Hyper Group was engaged to monetize a complete recycling facility designed to convert used tires into carbon black and oil.

Trae Fuels - Bumpass, Virginia

Situation

A 72-acre wood pellet manufacturing facility featuring 130,000 metric tons of annual production had been shuttered by its owner. Hyper Group was engaged to monetize the machinery, equipment, and underlying real estate.

Enterprise Sales

Bulter MacDonald - Indianapolis, Indiana

Situation

The founders of an Indianapolis-based plastics reprocessing company approached Hyper Group to sell equipment as they prepared to wind down operations ahead of retirement.

Enterprise

Enterprise Coated Products - Manteno, Illinois

Situation

A paper coating company based in Manteno, Illinois engaged Hyper Group after prior efforts to sell the business  – led by three owner-operators – failed to result in a transaction.

National Home Furnishing Supplier - Chicago, Illinois

Situation

Hyper Group was engaged to sell the assets of a national home furnishing supplier via a secured creditor UCC Article 9 sale process.

Retail, E-commerce & Inventory Liquidations

The Grommet - E-commerce

Situation

A national retail chain engaged Hyper Group to manage the wind-down one of its e-commerce businesses.

Grand Voyage - E-commerce

Situation

Grand Voyage, a luxury e-commerce footwear brand, was in the process of winding down operations in cooperation with its secured lender. 

Bostwick Braun - Toledo, Ohio

Situation

A national hardware and tool distributor engaged Hyper Group to evaluate and monetize a portion of its excess and obsolete inventory.

Cronin Company - Pacific Northwest (Multiple Locations)

Situation

Following declines in sales, regional flooring distributor Cronin Company made the strategic decision to wind down operations and close the business.

Maurice Sporting Goods - U.S. And Canada (Multiple Locations)

Situation

Sporting goods distributor Maurice Sporting Goods and its advisors engaged Hyper Group to liquidate more than $20 million in excess inventory located across five facilities. In addition, the engagement included the closure of three distribution centers.

Altmeyer

Altmeyer’s Bed Bath Home - Pittsburgh, Pennsylvania

Situation

Hyper Group was engaged by Altmeyer’s Bed Bath Home’s bankruptcy trustee to monetize all the inventory and fixtures inside of its six shuttered locations and warehouse.

The RoomPlace - Illinois

Situation

After filing for Chapter 11 bankruptcy, regional furniture retailer The RoomPlace engaged Hyper Group to guide it through the closure of 15 of its 26 retail stores in Illinois and Indiana as well as its Chicagoland distribution center.

Consumer Electronics Distributor

Consumer Electronics Distributor - South Bend, Indiana

Situation

The secured creditor of a national consumer electronics distributor sought a buyer for its collateral via a UCC Article 9 sale process. The inventory included both first quality finished goods as well as uninspected customer returns of electronic bikes and scooters, computer monitors, and various other consumer products.

Luminance Brands - Ohio and California

Situation

Following a bankruptcy process, a secured creditor gained control of the collateral of a national designer and distributor of residential and commercial lighting and ceiling fans. The creditor required a rapid monetization of both inventory and distribution center assets located across multiple warehouses in Ohio and California. The assets included new, in-box inventory as well as material handling equipment and pallet racking within the distribution facilities.

HOBO - Illinois and Wisconsin (Multiple Locations)

Situation

After filing for Chapter 11 bankruptcy, regional discount home improvement retailer HOBO engaged Hyper Group, along with two other joint venture partners, to liquidate all seven of its retail stores and a distribution center.

Electrolux - St. Cloud, Minnesota

Situation

Electrolux, a global appliance manufacturer, closed its one-million-square-foot refrigerator production facility in Minnesota as operations transitioned to a new location. The company required a comprehensive solution to monetize remaining assets and return the building to original condition.

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