Lone Star Americas Acquisitions, Inc. completed the acquisition of Hillenbrand, Inc. (NYSE:HI) from group of shareholders.

Lone Star Americas Acquisitions, Inc. has completed the acquisition of Hillenbrand, Inc. (NYSE:HI) for $2.3 billion, with a cash payment of $32 per share. The deal, financed through equity and debt commitments, will make Hillenbrand a privately held company. The transaction received necessary approvals from shareholders and regulatory bodies, and was finalized on February 10, 2026. Key advisors included Evercore Group and Jefferies LLC, with legal support from Skadden and Kirkland & Ellis. Following the acquisition, several board members resigned, and Kimberly K. Ryan was appointed as a new director.