M&A
confidence high
sentiment positive
materiality 0.85
Hillman to acquire Kanebridge for $315M; Q2 net sales up 10% to $442M, raises FY guidance
Hillman Solutions Corp.
- Agreed to acquire Kanebridge for $315M; expected close around start of Q4 2026; funded via cash, ABL, and $200M term loan add-on.
- Q2 net sales $442.3M (+9.8% YoY); net income $21.1M ($0.11 diluted EPS); adjusted EBITDA $77.1M.
- FY 2026 guidance raised: net sales $1.67-1.72B, Adj EBITDA ~$285M, FCF $105-115M.
- Repurchased 1.7M shares at avg $7.62 for $13.3M; closed refinancing with new $735M Term Loan B and $375M ABL.