LONDON – June 2, 2025 – Global law firm Greenberg Traurig, LLP has advised a special purpose vehicle of Hilco Capital in relation to its acquisition of Design Group Americas, Inc. from IG Design Group plc, a leading global manufacturer and distributor of celebrations, stationery, creative play, and gifting products.
Design Group Americas is a wholly owned subsidiary and the top company of IG Design Group’s DG Americas division. The transaction includes a nominal upfront cash payment by Hilco Capital of one U.S. dollar and a contingent future revenue share under which IG Design Group will receive a percentage of any future proceeds from the sale or realization of the company or its assets.
Design Group Americas’ existing U.S. receivables backed asset-based lending financing facility is being terminated upon completion of the transaction, and the company is in the process of securing a new three-year financing agreement with its lenders, which is expected to conclude by the end of June.
The Greenberg Traurig team representing Hilco Capital comprised Banking & Finance Shareholder Luke Lado on both corporate and finance matters and Corporate Shareholder Joel Wheeler on corporate matters, with assistance from Banking & Finance Associate Suraj Padhiar.