Hilco, a specialist "restructuring" company confirmed in January that it acquired HMV's debt from the Group's lenders, but not the business itself. It said at the time:
Hilco believes there to be a viable underlying HMV business and will now be working closely with Deloitte who, as Administrators, are reviewing the business to determine future options.
The company says it global leader in "maximising the realisation value of retail assets" and has managed the restructure of the following businesses:
HMV was handed a lifeline when it was bought by restructuring firm Hilco in a deal worth about £50 million.
The deal agreed with restructuring firm Hilco will save 2,500 jobs in 141 stores, including 23 which had previously been set to close.