Deal Details
Hillman Completes $175.1 Million Follow-On Offering
Summary
Hillman Solutions Corp. (“Hillman” or the “Company”) (NASDAQ: HLMN), recently completed a secondary public offering of 22,455,000 shares of the Company’s common stock (the “Offering”) by funds affiliated with CCMP Capital Advisors, LP (“CCMP” or the “Selling Stockholders”). With this offering, CCMP sold its remaining shares and is no longer a shareholder.
The Offering consisted entirely of shares of common stock sold by the Selling Stockholders, and the Company did not receive any proceeds from the sale of the shares offered by the Selling Stockholders.
Baird served as an active bookrunner on this offering.
About
Founded in 1964, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers. Leveraging a world-class distribution and sales network, Hillman delivers a “small business” experience with “big business” efficiency. Hillman Solutions Corp. is headquartered in Cincinnati, Ohio.CCMP specializes in middle market buyouts and growth equity investments of $100 million to $500 million in North America and Europe. CCMP focuses on generating alpha through the operational transformation and growth of its portfolio companies. With offices in New York, New York and Houston, Texas, CCMP invests in three primary industries: Consumer, Industrial and Healthcare.
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- Date
- May 2023
- Company
- Hillman Solutions Corp.
- Transaction
- Equity Capital Markets
- Sectors
- Industrial
- Verticals
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Distribution
- Target Geography
- North America
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