Thursday 26 January 2023

US-based intellectual property advisory firm Hilco Streambank is looking to sell the intellectual property and related assets of LiteSheet Solutions, creator of patented energy saving, low-maintenance, ETL-certified LED lighting products manufactured in the United States, the firm said.

The assets available for sale include an internationally registered patent portfolio, domain names, and trademarks as well as an operational 20,000 square-foot production facility located in Virginia.

Indications of interest to acquire the assets are due by February 23, 2023.

LiteSheet's patented BriteCor AC Direct Technology provides an opportunity to acquire innovative, long-lasting LED lighting technology that has proven itself to last for decades in demanding applications.

By eliminating the need for the DC drivers standard in conventional LED lighting, LiteSheet products not only last decades longer than other LED lighting products in the market allowing it to offer the industry's only 15-year warranty on its products but the energy-efficient, low-maintenance fixtures reduce the total cost of ownership by 40%-80% compared to DC LED products, representing one of the lowest costs of ownership in the marketplace.

Parties interested in learning more about the assets and sale process can or contact Hilco Streambank directly using the contact information provided below.
Hilco Streambank is an advisory firm specializing in intellectual property disposition and valuation.

Having completed numerous transactions including sales in publicly reported Chapter 7 and 11 bankruptcy cases, private transactions, and online sales through IPv4.Global, Hilco Streambank has established itself as an intermediary in the consumer brand, internet, and telecom communities.

Hilco Streambank is part of Northbrook, Illinois based Hilco Global, a specialist in maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace.

Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate and strategic capital equity investments.