The Hillman Group, an Oak Hill Capital Partners portfolio company, has closed its acquisition of H. Paulin (TSX: PAP.A), a Toronto-based distributor and manufacturer of fasteners, fluid system products, automotive parts and retail hardware components, for CAD27.50 per share. The acquired company operates distribution facilities across Canada, as well as in Flint, MI and Cleveland, OH, in addition to four manufacturing facilities located in Ontario. Hillman, headquartered in Cincinnati, distributes fasteners, key duplication systems, engraved tags and related hardware items to over 20,000 retail customers in the U.S., Canada, Mexico, South America and Australia. Oak Hill Capital acquired the platform company in May 2010.
Industrial Supplies and Parts
Manufacturer and distributor of retail hardware components