Fertitta’s Landcadia Holdings III is in talks to take Hillman Group public, according to Bloomberg.
Hillman makes fasteners and home improvement products. The company supplies products to over 38,000 companies, including home improvement retailers Home Depot and Lowe’s.
The deal could value Hillman at over $2 billion, Bloomberg reports. Hillman has been owned by private equity company CCMP since 2014, when it was purchased for $1.5 billion from another private equity company. Read more.