Hilco Capital-backed HMV Canada closes $30 mln refinancing
HMV Canada in late December 2014 completed a refinancing of its banking facilities with the Bank of Montreal (BMO), providing the company with a $30 million facility through to 2017. HMV Canada, which was acquired in 2011 by Re:Capital Canada, a subsidiary of U.K. private equity firm Hilco Capital, is a provider of visual and audio merchandise online and in 108 stores across Canada. The company's former British parent is also owned by Hilco. In June 2013, peHUB Canada interviewed Hilco investment director Chris Emmott about the launch and investment activity of Re:Capital Canada.
13 January 2015•2 mins read
