PRINT THIS PAGE US Code Hennessy & Simmons to buy The Hillman Companies from Allied Capital18/02/2004. Source: AltAssets. 
 US private equity firm, Code Hennesy & Simmons is to buy key manufacturer, The Hillman Companies, from Allied Capital Corporation. The transaction has been valued at $510m and net cash proceeds to Allied Capital are estimated to be $192m.
'Hillman represents an excellent investment opportunity for CHS and leverages our experience with distribution businesses,' said Peter Gotsch, a partner at Code Hennessy & Simmons. 'The company is an industry leader with a strong track record of profitable growth. We look forward to working with management and the entire Hillman team to build upon the company's successes.'
Code Hennesy & Simmons was founded in 1998 and manages approximately $1.5bn in capital in four funds. The firm focuses on middle-market manufacturing, distribution and service companies.
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