Weil advised Hilco Global in the formation of a joint venture with TPG Angelo Gordon that will identify, acquire, and finance consumer brands and IP in partnership with Bluestar Alliance, LLC.

In connection with the launch, the JV has completed a series of inaugural transactions, including:

• An approximately $190 million investment in a securitization transaction established by BR Brand Management, LLC, a subsidiary of B. Riley Financial, Inc. ("B. Riley"), financing certain brands managed, licensed, and co-owned by Bluestar, including Hurley, Justice, and Scotch & Soda, among others.
• The acquisition of the assets and IP of the bebe and Brookstone brands from bebe stores, inc. (OTC: BEBE). Since 2018, bebe stores, inc. has owned the intellectual property assets and Bluestar has managed the bebe and Brookstone brands.

The Weil team was led by Private Equity partner Trey Muldrow and included Private Equity associates James Pierre-Louis, Anthony Collins, Langdon Neal and Zack Hawkins; Restructuring Department Co-Chair Ray Schrock and partner Lauren Tauro; Banking & Finance partners Justin Lee and Justina Chen and counsel Nick Nikic; Tax partner Hillel Jacobson and associate Jay Perry; Structured Finance & Derivatives partner Jason Smith, counsel Jeffrey Dawidowicz and associate Graham Rotenberg; Technology & IP Transactions partner Dennis Adams and associate Alexis Bello; and Antitrust partner Neil Rigby, counsel Michael Naughton and associate Luca Montani.