Mergers & Acquisitions ·
Hillman Solutions Corp. agreed to acquire Kanebridge Corporation, a leading master distributor of industrial…
HLMNHillman Solutions Corp.
Hillman Solutions Corp. agreed to acquire Kanebridge Corporation, a leading master distributor of industrial fasteners, for approximately $315 million in cash and debt. The transaction is expected to close around the start of the fourth quarter of 2026, subject to customary closing conditions including Hart-Scott-Rodino antitrust review. Hillman will fund the acquisition using cash on hand, borrowings under its existing revolving credit facility, and a new $200 million senior secured term loan committed by Jefferies Finance LLC. Concurrently, Hillman reported second quarter 2026 net sales of $442.3 million, a 9.8% increase year-over-year, with adjusted EBITDA rising to $77.1 million. The company raised its full-year 2026 net sales guidance to $1.67–$1.72 billion and adjusted EBITDA expectations to approximately $285 million. Hillman Solutions Corp. is a leading provider of hardware, protective gear, and robotics solutions serving retail, professional distribution, and industrial customers.