Lone Star Completes All-Cash Acquisition of Hillenbrand
February 10, 2026
An affiliate of Lone Star Funds completed an all-cash take-private acquisition of Hillenbrand, Inc. for an enterprise value of approximately $3.8 billion. Hillenbrand’s common stock ceased trading and will be delisted from the New York Stock Exchange, while the company will continue operating under the Hillenbrand name.
- 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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