Lone Star Affiliate Completes Acquisition of Hillenbrand
February 10, 2026
Lone Star Funds, through an affiliate, completed an all-cash acquisition of Hillenbrand, Inc. at an enterprise value of approximately $3.8 billion. Hillenbrand will operate as a privately held company under the Hillenbrand name, with its common stock ceasing trading and being delisted from the New York Stock Exchange.
- Buyers
- Lone Star Funds, Lone Star Americas Acquisitions, Inc.
- Targets
- Hillenbrand, Inc.
- Sellers
- group of shareholders (Hillenbrand shareholders)
- Industry
- Industrial Services
- Location
- Indiana, United States
- Transaction Type
- Buyout
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