Hillman Stays Aggressive, Adds Door & Builders Hardware Distributor Delaney - Modern Distribution Management

Hillman Stays Aggressive, Adds Door & Builders Hardware Distributor Delaney

It's the second announced deal in as many weeks for Hillman, growing its presence in the U.S. Southeast.
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Hardware products distributor Hillman Solutions Corp. continued an active start to 2026 with its second acquisition in as many weeks, announcing April 13 that it has acquired Delaney Hardware from Sargent and Greenleaf — a portfolio company of private equity firm OpenGate Capital.

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Financial terms of the transaction were not disclosed, but Hillman acknowledged that it expects to accrue $10 million in net sales during its fiscal 2026 as a result of the deal.

Based in Sugar Hill, GA, Delaney Hardware is a distributor of residential and light commercial door hardware, including locksets and door accessories, serving both professional and retail channels. The brand is positioned in the mid-tier segment and has established distribution across home improvement and hardware channels.

Cincinnati-based Hillman is a leading North American provider of hardware-related products and merchandising solutions, with a broad portfolio spanning fasteners, protective solutions, robotics-enabled kiosks and key duplication systems. The company primarily serves home improvement centers, mass merchants, pet supply retailers and other retail channels, while also expanding its reach into professional contractor-oriented categories.

“The acquisition of Delaney increases our presence in the pro distribution channel and expands categories, both of which are strategic initiatives for Hillman,” Hillman President and CEO Jon Michael Adinolfi said in a news release. “We look forward to leveraging this distribution platform to further increase our presence in pro distribution and Win the Pro.”

Hillman said the Delaney acquisition expands its presence in pro-focused distribution categories — particularly within door hardware — and complements its existing assortment. The deal adds another adjacency as Hillman continues to broaden its product offering beyond core hardware consumables.

Hillman saw 2025 sales increase 5.4% annually to a company record $1.55 billion and adjusted gross margin grow 60 basis points to 48.7%.

The move comes just one week after Hillman announced its acquisition of Campbell Chain & Fittings from Apex Tool Group, a deal aimed at strengthening its position in the facilities maintenance and MRO space. Together, the back-to-back transactions underscore an aggressive M&A posture early in the year as Hillman builds out both its retail and professional product mix.

OpenGate Capital, which acquired Sargent and Greenleaf in 2018, said the divestiture of Delaney aligns with its strategy to focus on core security offerings within that platform.

Hillman is scheduled to report its 1Q26 financial results on April 28.

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