PEORIA, Ill. - Sept. 18, 2019 - Eaton Hudson, www.eatonhudson.com announced it has been contracted to conduct the sale of fixed assets for Midstate College. After 131 years of providing quality education to Central Illinois, Midstate previously announced it had ceased operations in August.
Assets to be sold include but are not limited to classroom furniture, departmental items, labs, IT equipment and office furniture. Asset sale details are posted on the Eaton Hudson website: www.eatonhudson.com
Jim Schaye, CEO of Eaton Hudson said: "We're planning to successfully manage this important project for Midstate College, with the goal of delivering maximum value for all of their assets. We recognize Midstate as a quality educational institute, and will work hard to be good stewards, protecting their good name and reputation they've built over 100 years in operation."
Eaton Hudson specializes in asset disposition (both fixed assets and real estate) for colleges, universities, technical schools and other educational institutions. The Company also provides experienced, hands-on management to help young, mature and distressed retail businesses manage their retail inventory, assets and real estate expansion strategies. The Company works collaboratively with retailers to design and execute successful disposition sales, and to restructure retail real estate portfolios to maximize value and minimize liabilities.
Launched by industry veterans of the Eaton Department Stores of Toronto and Hudson Capital Partners and later joined by former executives of Silverman Consultants, clients benefit from the Company's financial strength and expertise. Mr. Schaye further commented: "We know how to partner with retailers, financial sponsors, strategic buyers, managers, lenders and advisors to develop creative and transparent structures that align interests, enhance liquidity and create positive outcomes."
Eaton Hudson has been providing innovative and strategic solutions for the disposition of excess, obsolete and discontinued inventory and other assets for nearly fifteen years. The company has offices in Toronto, Atlanta, Boston and Charleston, and employs consultants nationwide.
Eaton Hudson is headquartered in Alpharetta, Georgia with offices in Boston, Massachusetts, Charleston, South Carolina and Toronto, Canada.
Contact
Steve Weintz, Managing Director
