3/4/2015 3:01:00 PM
NEWS BRIEFS
Hillman Names Leonard As VP of Finance
The Hillman Companies, Inc. announced that Jeffrey S. Leonard will join the company as executive VP of Finance on March 16, 2015, and will be appointed as Chief Financial Officer on April 1, 2015.
Leonard, 47, has been involved with mergers and acquisitions, strategic business development, and building financial teams throughout his career. Former roles include serving as CFO of Baker & Taylor, Inc., a $1.6 billion private equity owned distributor of physical and digital books, as well as video and music products. Prior to 2006 he was VP of Operations Finance for HD Supply/Hughes Supply, Inc.
Leonard holds a B.S. degree in Accounting and a Master of Accountancy degree from Miami University and is a certified public accountant (inactive).
“We believe that his experiences will greatly benefit the company and its customers in this period of continued expansion,” stated Hillman CEO Jim Waters.
In August 2014, Hillman Companies’ management team and CCMP Capital Advisors LLC closed a deal to acquire controlling interest in Hillman from Oak Hill Capital Partners. CCMP invested with Hillman’s management team, led by CEO Jim Waters.
Founded in 1964 as a fastener and keys company, Hillman supplies products for commercial and residential products for the hardware and home improvement industry.
Hillman offers 130,000 SKUs in categories including fasteners, key duplication systems, letters, numbers and signs, engraved tags, builder’s hardware, and the recently added nail, deck and drywall category to 26,000 retail customers in the U.S., Canada, Mexico, South America and Australia. Customers include Ace Hardware, Do it Best Corp., Home Depot, Lowe’s, Menards, Petco, PetSmart, RONA, Tractor Supply, True Value and Walmart.
In 2013, Hillman acquired Canadian fastener manufacturer H. Paulin & Co. Ltd. for $103.4 million.
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