Barington/Hilco Acquisition Corp.

NasdaqHilco Global has formed a Special Purpose Acquisition Company (“SPAC”) in partnership with Barrington Capital. A SPAC is a unique investment vehicle that provides a private company an attractive opportunity to go public with advantages relative to an IPO (speed, inexpensive, certainty, participation in upside, etc.). The SPAC entity that we have created is called Barington/Hilco Acquisition Corp. (Nasdaq: “BHACU”) and it is a company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination. We will be working with well-known activist investor and Barington Capital CEO, James Mitarotonda, who will be serving as the Chairman and CEO of BHAC.

Barington Capital Group and Hilco Global have significant experience investing, operating and advising consumer focused businesses and helping such companies increase long-term shareholder value. BHAC will provide ongoing strategic sponsorship to a merger partner to accelerate strategic growth initiatives and provide a smooth transition to the U.S. public markets. BHAC has approximately $43 million in available cash and is seeking merger partners with $10 million+ in EBITDA, above $100 million in revenues, and a strong management team willing to operate a public company. There is a focus on the consumer/retail industry; however the principals have broad experience across many industries. There is substantial flexibility in structuring and customizing a merger that takes full advantage of the management team, growth potential and experience of the principals.

If you have questions or comments contact Joseph Miller or Cory Lipoff at Hilco Global.