Hillman Solutions Corp. (HLMN): Completion of Acquisition or Disposition of Assets

Hillman Solutions Corp. completed its acquisition of Kanebridge, LLC, a U.S. and Canada-based industrial fastener distributor, for $315 million. The deal expands Hillman's industrial market reach to $3 billion. Hillman funded the acquisition with cash, a credit facility draw, and a $200 million term loan.

Hillman Solutions Corp. completed the acquisition of Kanebridge Corporation for $315 million. The deal was announced on September 2, 2026, and is expected to impact the company's financials and strategic positioning.

Hillman Solutions added $200 million in senior secured term loans, maturing in 2033, to finance its Kanebridge acquisition. The loans are priced at SOFR plus 2.00% or ABR plus 1.00% and are secured by the company's assets. The funds, along with cash and revolver borrowings, covered part of the acquisition and related fees.

Hillman Solutions Corp. (HLMN) completed its $315M acquisition of Kanebridge, a U.S. industrial fastener distributor. The deal expands Hillman's industrial market reach to $3B and diversifies its customer base. Hillman funded the acquisition with cash, credit, and a new $200M term loan.

Hillman Solutions (HLMN) completed its $315 million acquisition of Kanebridge, a U.S. industrial fastener distributor with 44,000 SKUs. The deal expands Hillman's industrial market to $3 billion. Funding included cash, credit facility draws, and a new $200 million term loan. Hillman's CEO sees it as a strategic move to diversify and tap into secular demand trends.

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