William Blair acted as financial advisor to Hillenbrand, Inc. (NYSE: HI) in connection with a pending majority interest sale of its subsidiary company, Milacron, to Bain Capital (Bain). The transaction signed on February 5, 2025.
About the Companies
Since 1968, Milacron has been a global provider of highly engineered plastic processing solutions including injection molding and extrusion equipment as well as aftermarket parts and services. Milacron has long been recognized as a market leader for its product and service expertise serving a variety of end-markets, including the construction, automotive, packaging, consumer goods, and medical industries. With the largest installed base of equipment in the U.S., Milacron serves as a complete lifecycle partner, leveraging its extensive support network to deliver comprehensive aftermarket parts and services solutions.
Hillenbrand, Inc. is a global industrial company that provides highly-engineered, mission-critical processing equipment and solutions to customers in over 100 countries around the world. The company’s portfolio is composed of leading industrial brands that serve large, attractive end markets, including durable plastics, food, and recycling. The company pursues excellence, collaboration, and innovation to consistently shape solutions that best serve its associates, customers, communities, and other stakeholders.
Founded in 1984, Bain is one of the world’s leading private investment firms and is committed to creating lasting impact for their advisors, teams, businesses, and communities. As a private partnership, the firm leads with conviction and a culture of collaboration, advantages that enable them to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Bain’s global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. In these focus areas, Bain brings deep sector expertise and wide-ranging capabilities. The firm has 24 offices on four continents, more than 1,850 employees, and roughly $185 billion in assets under management.
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