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Recent Updates — HLMN

September 3, 2026View Source ↗

Hillman Solutions Corp. completed its acquisition of Kanebridge, LLC for approximately $315 million on August 28, 2026. The transaction was funded using cash on hand, borrowings under the existing revolving credit facility, and proceeds from a new $200 million senior secured term loan B priced at SOFR plus 200 basis points, maturing July 22, 2033. Kanebridge is a leading master distributor of industrial fasteners with over 44,000 SKUs, expanding Hillman's addressable market to approximately $3 billion and establishing its first U.S. master distribution platform in the industrial fastener sector. Hillman Solutions Corp. is a leading provider of hardware products serving retail, pro distribution, and industrial customers.

August 4, 2026View Source ↗

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.

July 22, 2026View Source ↗

Hillman Solutions Corp. completed a refinancing of its existing credit facilities, securing a new $735.0 million senior secured Term Loan B maturing in July 2033 and a $375.0 million asset-based revolving credit facility maturing in July 2031. The proceeds from the Term Loan B were used to refinance in full all outstanding term loans and terminate the existing term loan and revolving credit agreements, replacing them with new agreements. Hillman Solutions Corp. is a provider of hardware and related products serving retail, pro distribution, and industrial MRO customers.

July 13, 2026View Source ↗

Hillman Solutions Corp. announced preliminary financial results for the thirteen weeks ended June 27, 2026, and a proposed refinancing of its existing Term Loan B and asset based revolving credit facility. The company's actual results may be subject to adjustment due to incomplete financial closing procedures. Hillman Solutions Corp. provides solutions for the home improvement and home renovation construction industry.