Banking Recap

Hillenbrand, Inc. to Be Acquired

This is a cash merger structured as a sponsor buyout in the consumer-retail sector, in which Hillenbrand, Inc. is the target being acquired by LSF12 Helix Parent LLC, an affiliate of Lone Star Fund XII, L.P. The product group is M&A. The disclosed value is not stated in the source document(s).

Dec 23, 2025·SEC EDGAR (8-K)·pending regulatory·cash merger (sponsor buyout)

The facts are sourced from an 8-K filed with the SEC via EDGAR, published on December 23, 2025. The deal's current status is pending regulatory review.

Only one financial advisor is identified in the facts block: Evercore, which served as the lead financial advisor to Hillenbrand, the target. The source sentence references Evercore's analysis within the proxy disclosure: "The disclosure in the section of the Definitive Proxy Statement entitled 'Proposal 1: Approval of the Merger Agreement, Opinion of Hillenbrand's Financial Advisor, Summary of Evercore's Financial Analyses, Discounted Cash Flow Analysis' on page 38." This confirms Evercore rendered a fairness opinion to Hillenbrand that included a discounted cash flow analysis among its financial analyses. No financial advisor to the Lone Star Fund affiliate, the acquirer, is identified in the facts provided.

No legal advisors were extracted for this transaction in the available facts block.

Beyond the classification of this transaction as a cash merger structured as a sponsor buyout, no further detail on the per-share cash consideration or other specific terms is included in the facts provided.

Several items are not disclosed in this record: the transaction value is not stated, the per-share cash consideration is not specified, no financial advisor to the Lone Star Fund affiliate is identified, no legal advisors to either side are identified, and no expected closing date is given beyond the pending-regulatory status.