Beginning on
Commenting on Hillman’s public listing, Mr. Cahill said: “Hillman has been building real, sustainable value for our shareholders, customers, suppliers, employees and communities in which we work for more than a half century. Today starts our next chapter and we believe the best is yet to come for all our stakeholders. Our merger with Landcadia, PIPE investment and public listing provide us with a much stronger capital position, which we will use to expand in existing and adjacent product categories and retail channels, organically and through sensible, accretive acquisitions. With this strengthened capital position and home improvement spending expected to remain strong, Hillman’s 1,100 field sales and service team remain laser focused on solving complex issues, including labor and logistics challenges for best in class retailers – from big box stores, to your local hardware store. We look forward to expanding our leading market position and turbo-charging Hillman’s next phase of growth.”
Barclays and Jefferies acted as financial advisors to Hillman and
About Hillman
Founded in 1964 and headquartered in
Landcadia III was a blank check company whose business purpose was to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Landcadia III’s sponsors were
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. 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. 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. These forward-looking statements include, without limitation, the Company's expectations with respect to future performance and anticipated financial impacts of the business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the risk that the business combination disrupts the Company’s current plans and operations; (2) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably and retain its key employees; (3) changes in applicable laws or regulations; (4) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (5) the outcome of any legal proceedings that may be instituted against the Company relating to the business combination and related transactions; (6) the impact of COVID-19 on the Company’s business and/or the ability of the parties to complete the proposed business combination; (7) the inability to maintain the listing of the Company’s shares of common stock on Nasdaq; or (8) other risks and uncertainties indicated from time to time in the registration statement containing the proxy statement/prospectus relating to the business combination, including those under "Risk Factors" therein, and in Landcadia III’s or the Company's other filings with the
Contacts
Investor Relations
IR@hillmangroup.com
(513) 826-5495
Public Relations
media@hillmangroup.com
Source: The Hillman Group
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