{{ languageVal }}
  • English
 

Deals

Maples advises on the acquisition of Xtra-vision

14 Jun 2013

The Irish office of international law firm Maples and Calder (“Maples”) is delighted to have advised Hilco Capital on its recent acquisition of Xtra-vision.

Hilco Capital, the restructuring and turnaround specialist, has confirmed the acquisition of Xtra-vision from the company’s Receivers, including stores in the Republic of Ireland and Northern Ireland.  Xtra-vision is one of Ireland's best known retail brands and has a leading position in rental and retail of both Film and Games, along with a growing presence in Music, Mobile Telephony, a range of Consumer Electronic products and Confectionery.

Xtra-vision will now join HMV in Hilco’s $1bn turnover international entertainment retail division.

Paul McGowan, CEO of Hilco Capital said, “Xtra-vision is a very strong brand in the Irish market and we are happy to add it to our fast-growing Entertainment Division. It is a good fit alongside HMV which we now operate in the UK, Ireland and Canada.”

Maples drew on a broad range of expertise including banking, corporate, tax, property, employment and insolvency specialists to advise Hilco on the multidisciplinary elements involved in the transaction.

This deal further enhances Maples' Dublin reputation as leading corporate counsel for private equity in the area of distressed acquisitions, having previously advised Hilco Capital on the restructure and sale of A-Wear.

Related Services

Corporate

Advising on the laws of the BVI, the Cayman Islands, Ireland, Jersey and Luxembourg, our global corporate team provides expert legal advice to corporate clients on all corporate commercial matters.  Our clients include major banks, multinationals and institutional investment firms, leading law and accountancy firms and a number of state / government entities across all industry sectors. 

Finance

Advising on the laws of the BVI, the Cayman Islands, Ireland, Jersey and Luxembourg, our global Finance team provides expert legal advice on even the most complex financial transactions under intense time pressure. Clients repeatedly return to our qualified finance lawyers to handle a variety of complex matters relating to acquisition and leveraged financing, asset finance, banking, debt capital markets, derivatives, fund finance, insurance linked products, Islamic finance, repackaging and structured finance. 

Dispute Resolution & Insolvency

Advising on the laws of the BVI, the Cayman Islands and Ireland, our global Dispute Resolution & Insolvency team provides expert legal advice on cross-border litigation and contentious and non-contentious restructuring.  We offer a broad range of dispute resolution and insolvency services, bringing an unrivalled depth of experience to each dispute and ensuring that you receive fast, accurate and pragmatic advice. 

Tax

Our market leading Tax team is at the forefront of innovation in developing new structures and strategies for international and Irish clients on cross-border tax matters.