Hillman Completes $150 Million Follow-On Offering

Industrial

Hillman follow-on offering


Summary

Hillman Solutions Corp. (“Hillman” or the “Company”) (NASDAQ: HLMN), a portfolio company of CCMP Capital Advisors, LP (“CCMP”) and Oak Hill Capital (“Oak Hill”), recently completed a secondary public offering of 14,950,000 shares of its common stock, including 1,950,000 shares of the Company’s common stock sold pursuant to full exercise of the underwriters’ option to purchase additional shares from the selling shareholders, at a price to the public of $10.00 per share. Hillman will not receive any proceeds from the offering.

Baird served as an active bookrunner on this offering.

About

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman Solutions Corp. 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.

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 and Houston, CCMP invests in three primary industries: Consumer, Industrial and Healthcare.

Oak Hill is a private equity firm managing funds with over $19 billion of initial capital commitments and co-investments since inception. Over the past 36 years, Oak Hill and its predecessors have invested in approximately 100 private equity transactions across broad segments of the U.S. and global economies. Oak Hill applies an industry-focused, theme-based approach to investing in the following sectors: Business Services, Industrials, Media & Communications, and Consumer.
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Industrial

Hillman follow-on offering

Date
April 2022
Company
Hillman Solutions Corp.
Transaction
Equity Capital Markets
Sectors
Industrial
Verticals
Distribution
Building & Infrastructure
Target Geography
North America

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