OpenGate Capital announced that its portfolio company Sargent and Greenleaf has completed the sale of Delaney Hardware to Hillman Solutions (HLMN). The transaction represents the final step in OpenGate’s multi-phase realization of S&G. “We are pleased to have completed the full realization of S&G through a series of transactions with strategic buyers,” said Andrew Nikou, Founder and Managing Partner at OpenGate. “The sale of each business unit to strategic acquirers reflects the positioning of the businesses and the work completed during our ownership.”
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HLMN:
- Hillman: Renewed M&A Momentum and Industrial Expansion Support Buy Rating and $14 Target
- Hillman Solutions Outlines Long-Term Growth Targets at Investor Day
- Hillman Solutions: Durable Moat and Pro-Channel Growth Support Buy Rating and Long-Term Upside
- Hillman Solutions price target lowered to $12 from $12.20 at Stifel
- Hillman Solutions targets $2.5B in sales by 2030