Hilco Appraisal Services announced the appointment of Thomas McNeely, CFA, as senior vice president in Hilco’s Enterprise Valuation Services group. In this role, McNeely will focus on new business development in the areas of financial reporting, financial opinions, business valuations, and corporate finance. Additionally, he will work alongside the Hilco Intellectual Property, Real Estate, Machinery & Equipment, and Inventory appraisal platforms to provide clients with a full suite of solutions. McNeely will be based out of the Northbrook, IL office, but has responsibility across the country.

Prior to joining Hilco, McNeely was involved in new business development at a boutique valuation services firm as well as a nationally-recognized middle market accounting firm. Before that, he counseled mid-size, privately-held companies on financing alternatives for a Chicago-area mergers and acquisitions advisory firm. Tom started his career as an independent financial futures floor trader at the Chicago Board of Trade.

Jason Frank, managing director, said, “We feel very fortunate to have Tom join Hilco given his background in M & A advisory and private equity. Tom’s previous experience and extensive relationships in the financial services community will help Hilco tremendously as we continue to expand our valuation services offerings.”

Hilco Appraisal Services specializes in appraising and assessing the market value of inventory, machinery and equipment, intellectual property, full enterprises and Real Estate at the manufacturing, wholesale/distribution and retail levels. The company also provides financial reporting and compliance valuations as well as dispute resolution support. Hilco Appraisal Services customers may be lenders, private equity and hedge funds, lawyers, investment banks, governments and general corporate entities that must establish the market value of business assets as collateral for financings, merger and acquisition transactions or for accounting, reporting, compliance and tax matters.