OpenGate‑backed S&G, a Nicholasville, Kentucky firm that supplies high‑security locks, has completed the sale of its Delaney Hardware unit to Hillman Solutions Corp. Delaney, based in Sugar Hill, Georgia, adds door‑hardware capabilities to Hillman’s growing portfolio. The transaction follows S&G’s 2019 acquisition of the business from Stanley Black & Decker. The terms were not disclosed, but industry observers expect the price to reflect Delaney’s revenue stream.

OpenGate Capital originally bought S&G from Stanley Black & Decker in May 2019, positioning the firm for aggressive expansion. Within months, S&G added Delaney Hardware and Premier Steel Doors to its lineup, though the latter later exited to Assa Abloy. Divesting Delaney signals a strategic refocus, potentially freeing capital for core lock‑technology investments and supporting future growth initiatives across its product range.

Hillman Solutions Corp., known for consolidating niche building‑products businesses, will integrate Delaney’s product lines into its existing distribution network, likely expanding its market share in the southeastern United States. For S&G, the cash proceeds can be redeployed into its high‑security lock platform, where it competes with larger OEMs. The deal underscores private‑equity firms’ willingness to prune non‑core assets for sharper focus.