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Lone Star Completes Acquisition of Hillenbrand

BATESVILLE, Ind., Feb. 10, 2026 /PRNewswire/ -- Hillenbrand, Inc. ("Hillenbrand" or the "Company"), a leading provider of highly-engineered, mission-critical processing equipment and solutions, and Lone Star Funds ("Lone Star") today announced that an affiliate of Lone Star has completed the previously announced acquisition of Hillenbrand in an all-cash transaction with a total enterprise value of approximately $3.8 billion.

RingCentral Set to Join S&P SmallCap 600

NEW YORK, Feb. 9, 2026 /PRNewswire/ -- RingCentral Inc. (NYSE: RNG) will replace Hillenbrand Inc. (NYSE: HI) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, February 12. Lone Star Funds is acquiring Hillenbrand in a deal expected to be completed soon, pending final closing conditions.

LSF12 Helix Parent, LLC Announces Change of Control Offers for Hillenbrand, Inc.'s Senior Notes

DALLAS and NEW YORK and LONDON and TOKYO, Jan. 9, 2026 /PRNewswire/ -- LSF12 Helix Parent, LLC ("Parent"), an affiliate of certain investment funds managed by affiliates of Lone Star Funds ("Lone Star"), announced that it has commenced offers (the "Change of Control Offers") to purchase any and all of the 6.2500% Senior Notes due 2029 (CUSIP No. 431571AF5) (the "2029 Notes") and the 3.7500% Senior Notes due 2031 (CUSIP No.

Hillenbrand Shareholders Approve Acquisition by Lone Star

BATESVILLE, Ind., Jan. 8, 2026 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) announced today that its shareholders voted at the special meeting of shareholders held today (the "Special Meeting") to approve the proposed acquisition of Hillenbrand by an affiliate of Lone Star Funds.