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Hillman Solutions Corp. announced it has completed its previously announced acquisition of Kanebridge, LLC, a master distributor of industrial fasteners, for a purchase price of approximately $315 million, subject to customary adjustments. The acquisition was first announced on August 3, 2026.
Kanebridge supplies more than 44,000 commercial and military-grade fastener SKUs to distributors across the U.S. and Canada, giving Hillman its first U.S. master distribution platform in the industrial fastener market and expanding the company’s industrial addressable market to approximately $3 billion.
“Kanebridge is a strategic acquisition that establishes our position as a long-tail supplier to industrial distributors in the U.S. Kanebridge diversifies our customer base and expands our presence in the industrial distribution channel, which is positioned to benefit from secular tailwinds,” says Hillman’s president and chief executive officer, Jon Michael Adinolfi. “We are thrilled to welcome the Kanebridge team to Hillman and build on our shared commitment to service and a customer-first culture.”
Hillman funded the transaction with cash from its balance sheet, a draw on its existing asset-based revolving credit facility, and a new $200 million term loan B that was priced at SOFR plus 200 basis points.
