Deal Details

Hiller Is Acquired by Wind Point

Technology & Services

Hiller, a portfolio company of Littlejohn, sale to Wind Point

Summary

The Hiller Companies (“Hiller” or the “Company”), a portfolio company of Littlejohn & Co. (“Littlejohn”), has agreed to be acquired by Wind Point Partners (“Wind Point”). The transaction is subject to various regulatory approvals and customary closing conditions. Terms of the transaction have not been disclosed.

Baird served as lead financial advisor to Hiller on this transaction.

About

Hiller provides essential fire and life safety services to clients operating high cost of failure environments in the commercial, industrial and marine sectors. The Company is trusted to protect a broad range of facilities including military and commercial marine vessels, energy storage systems for utilities, data centers, research and lab spaces and commercial properties, among many others. Hiller’s capabilities include recurring testing and inspection, repair and maintenance, design and engineering, installation and retrofitting fire protection systems and equipment. Hiller is headquartered in Mobile, Alabama.

Littlejohn is an investment firm focused on private equity and debt investments in growing middle-market industrial and services companies that can benefit from Littlejohn’s 25+ years of operational and sector expertise. With approximately $8 billion in regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. Littlejohn is headquartered in Greenwich, Connecticut.

Founded in 1984, Wind Point is a private equity investment firm with approximately $8 billion in assets under management. The firm’s Vision, Talent, Transformation (“VTT”) investment strategy focuses on partnering with top caliber management teams around a clear and exciting plan to invest behind a business to achieve transformational growth and value creation. The firm’s Executive Advisor Partner (“EAP”) network is comprised of more than 40 high-caliber executives who are closely aligned with Wind Point and contribute across all aspects of the firm’s investment process. Wind Point targets well-positioned middle market businesses within the business services, consumer products and industrial products industries. Since inception, Wind Point has deployed ten private equity buyout funds in partnership with leading institutional investors around the world, including public pensions, insurance companies, endowments, foundations, fund of funds and family offices. Wind Point is headquartered in Chicago, Illinois.

Technology & Services

Hiller, a portfolio company of Littlejohn, sale to Wind Point