The Hillman Group Acquires Specialty Fastener Company

The Hillman Companies, Inc. (NYSE-AMEX: HLM.PR) and The Hillman Group, Inc. (collectively, "Hillman" or the "Company") announced that it has entered into an Asset Purchase Agreement by which it acquired substantially all of the assets, and assumed certain liabilities, of Hargis Industries, LP ("Hargis"), doing business as ST Fastening Systems ("STFS"), a specialty fastener manufacturer and distributor based out of Tyler, Texas.

Hillman believes that STFS's core product line of specialty fasteners fits well with Hillman's fastener portfolio. STFS's products are sold to metal building fabricators, hardware wholesalers, and building products distributors in the U.S. Hillman and STFS both have a strong commitment to customer focus and innovation within their product lines. STFS's headquarters will remain in Tyler, Texas and STFS will continue to maintain a distribution center in Cincinnati, Ohio.

STFS will continue to be led by industry veteran Bruce Crouch.