“Today’s announcement marks the beginning of the next chapter of Hillman’s partnership with our winning retail customers in the large, non-cyclical and growing retail hardware market,” said Mr. Cahill. Hillman Group Capital Trust 11.6% Trust Pfd. 68281, Discover new investment ideas by accessing unbiased, in-depth investment research, NYSE American - NYSE American Delayed Price. Jefferies and Barclays are acting as placement agents for the PIPE. Advisors Barclays and Jefferies are acting as financial advisors to Hillman and Ropes & Gray LLP is acting as legal advisor to Hillman. Change the date range, see whether others are buying or selling, read news, get earnings results, and compare Hillman Group … © 2020 Cable News Network. A Warner Media Company. “We are excited to team up with Landcadia III and continue partnering with CCMP. Return. 8:30p Betting on Liberty Braves Group ... Hillman Group Capital Trust 11.6% Trust Pfd. Conference Call and Webcast Information Investors may listen to a pre-recorded call discussing the proposed business combination later today at 9:00 am EST. We look forward to working with Doug and the entire Hillman team to help drive Hillman's next phase of growth." These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. A list of the names of Landcadia III’s directors and executive officers and a description of their interests in Landcadia III is contained in Landcadia III’s final prospectus dated October 13, 2020 relating to its initial public offering, which was filed with the SEC and is available free of charge at the SEC’s web site at www.sec.gov. Secs. Real time Hillman Group Capital Trust Preferred Stock (HLM-) Insider Transactions Latest Stock Picks Investing Basics Premium Services. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Joe Scharfenberger, Managing Director of CCMP, commented: "Today’s announcement is the culmination of over six years of working closely with the Hillman management team where we together defined and executed a strategic and operational plan that enabled Hillman to grow sales by 10% per year and nearly double adjusted EBITDA, both organically and through transformational acquisitions. Most of these factors are outside the Company's and Landcadia III’s control and are difficult to predict. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Landcadia Holdings III Inc. (Nasdaq: LCY) will merge with HMAN Group Holdings Inc., the parent company of The Hillman Group Inc., a hardware and home improvement company based in … Consumers love their homes, but now they are living and working, entertaining, vacationing, educating and retiring in them, and home improvement spending is expected to remain strong. Quote Stock Analysis News Price vs Fair Value Trailing Returns Financials Valuation Operating Performance Dividends Ownership Executive Find the latest dividend history for Hillman Group Capital Trust (HLM.PR) at Nasdaq.com. Leveraging a world-class distribution and sales network, Hillman delivers a “small business” experience with “big business” efficiency. Landcadia III and the Company do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements in this press release to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. After the registration statement is declared effective, Landcadia III will mail a definitive proxy statement/prospectus and other relevant documents to its stockholders. The … S&P. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. All Rights Reserved. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. This is Hillman Group (NYSEMKT: HLM.P) (or HLM/HLMp) - there are probably more variations of the ticker depending on the trading platform you are using. Moody's Investors Service, ("Moody's") placed the corporate ratings of The Hillman Group Inc. (Hillman) under review for upgrade, including its B3 Corporate Family Rating (CFR), and its B3-PD Probability of Default Rating (PDR). This document does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. The Company's and Landcadia III’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward looking statements as predictions of future events. When available, the definitive proxy statement/prospectus and other relevant materials for the proposed business combination will be mailed to stockholders of Landcadia III as of a record date to be established for voting on the proposed business combination. Subscribe to our mailing list and receive exclusive updates and offers from The Hillman Group Contacts Investor RelationsRodny Nacier / Brad Cray [email protected] (513) 826-5495 Public RelationsPhil Denning / Doug [email protected], CINCINNATI, Jan. 12, 2021 (GLOBE NEWSWIRE) -- The Hillman Companies, Inc. (“Hillman” or the “Company”), - Doug Cahill, President and CEO of The Hillman Companies, Inc., announced today that a cash distribution has been declared by Hillman Group Capital Trust for the month of January in the amount of $0.241667 for each Trust Preferred Security (NYSE-Amex: HLM_P). Jefferies is acting as capital markets advisor to Landcadia III, and White & Case LLP is acting as legal advisor to Landcadia III. Participants in the Solicitation Landcadia III and Hillman and their respective directors and officers may be deemed participants in the solicitation of proxies of Landcadia III’s stockholders in connection with the proposed business combination. Additional Information In connection with the proposed business combination, Landcadia III intends to file a registration statement on Form S-4 with the Securities and Exchange Commission (the “SEC”), which will include a proxy statement/prospectus, that will be both the proxy statement to be distributed to holders of Landcadia III’s common stock in connection with its solicitation of proxies for the vote by Landcadia III’s stockholders with respect to the proposed business combination and other matters as may be described in the registration statement, as well as the prospectus relating to the offer and sale of the securities to be issued in the business combination. Hillman Group Capital Trust Preferred Stock The Motley Fool 11/25/2020. Upon the closing of the transaction, the combined company will be named Hillman Solutions Corp. and remain listed on Nasdaq under the new ticker symbol “HLMN.” Landcadia III’s management team is led by Tilman J. Fertitta, Chief Executive Officer and Co-Chairman of Landcadia III’s Board of Directors, and Rich Handler, President and Co-Chairman. The Landcadia III sponsors and members of its board of directors and management team have agreed to a lock-up period of up to one year following the closing, subject to termination as early as approximately 180 days after closing if certain trading price targets are met. This action follows HMAN Group Holdings, Inc., the parent company of Hillman, and Landcadia Holdings III, Inc. (Landcadia III), a special purpose acquisition company (SPAC), announcement [1]that they entered into a definitive merger agreement that will result in Hillman becoming a publicly listed company and Hillman's existing debt will be repaid. These forward-looking statements include, without limitation, the Company's and Landcadia III’s expectations with respect to future performance and anticipated financial impacts of the proposed business combination, the satisfaction of the closing conditions to the proposed transaction and the timing of the completion of the proposed transaction. Hillman’s Chairman, Chief Executive Officer and President Doug Cahill will continue to lead the combined company in these roles along with the current management team, and will be a significant equity participant in the Company. The company expects to use the proceeds from the transaction to accelerate Hillman’s growth initiatives, substantially reduce existing debt, support marketing efforts, and provide additional working capital. Hillman Group Capital Trust Pref Share HLM.PR . the hillman group, a leading value-added specialty distributor of hardware and home improvement products, to become public company Email Print Friendly Share January 25, 2021 06:59 … For more information on Hillman, visit https://www.hillmangroup.com/us/en. Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 38,000 customers. ... Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers. Most stock quote data provided by BATS. Latest Stock Picks Investing Basics Premium Services. Once connected with the operator, please ask to join the “Landcadia Holdings III and Hillman Group Business Combination Announcement Conference Call.” A replay of the call will also be available today from 11:00 am EST to 11:59 pm EST on April 19, 2021. Hillman has been owned by private equity company CCMP since 2014, when it was purchased for $1.5 billion from another private equity company. Landcadia III’s sponsors are TJF, LLC, which is wholly-owned by Mr. Fertitta, and Jefferies Financial Group Inc. Landcadia III’s management team is led by Mr. Fertitta, its Chief Executive Officer and Co-Chairman of its Board of Directors and the sole shareholder, Chairman and Chief Executive Officer of Fertitta Entertainment, Inc., and Mr. Handler, Landcadia III’s President other Co-Chairman of its Board of Directors and the Chief Executive Officer of Jefferies Financial Group Inc. 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