![]() ![]() ![]() ![]() “HALO is well-positioned to capitalize on its leading position in a fragmented market, and we are excited to partner with Marc and the rest of the HALO team to accelerate the company’s growth, both organically and through acquisitions.” “In HALO, we saw the opportunity to acquire an industry-leading platform that’s supported by best-in-class leadership and sales teams,” said Shamik Patel of TPG Growth. They are supported by a team of more than 500 corporate service professionals. Known for its industry-leading customer service, HALO has a nationwide salesforce of more than 1,200 dedicated and resourceful account executives who provide clients with creative, consultative marketing and recognition solutions. The company operates across two business lines: HALO Branded Solutions, one of the world’s largest distributors of promotional products serving many of the largest companies around the globe and HALO Recognition, which designs and administers employee incentive and rewards programs for enterprise customers. Headquartered in Sterling, Illinois, HALO partners with more than 60,000 clients across the country to provide creative solutions. We look forward to leveraging their growth and business-building expertise as we continue to expand and enhance operations.” “TPG Growth is a hands-on partner that understands our business and supports our vision. “At HALO, we strive to provide our clients with innovative, customized solutions that showcase their brand and values,” said Marc Simon, CEO of HALO. The transaction, which is expected to close in the second quarter, is subject to customary closing conditions, including regulatory approval. Financial terms of the transaction were not disclosed. TPG Growth acquired the company from Audax Private Equity. Sterling, IL Fort Worth, Texas and San Francisco – – TPG Growth, the middle market and growth equity platform of global alternative investment firm TPG, announced today that it has partnered with management to acquire HALO Branded Solutions, a leading marketing services platform that distributes promotional products and provides employee recognition services. With more than 2,000 employees in 42 offices globally, the company offers creative services, technology solutions, logistics and global sourcing.Leading promotional products distributor to leverage firm’s experience in business services Halo Branded Solutions, based in Sterling, announced reaching a milestone of $1 billion in annual sales for 2022. This passion has fueled our growth and we are thrilled to celebrate the success that, collectively, our team continues to create.” “Our account executives continue to grow through a combination of creativity, determination, and using Halo tools to deepen client relationships. “This milestone is the result of a singular focus by every member of our team – creating breakthrough results for our clients with innovation, integrity, and collaboration,” Halo CEO Marc Simon said in a news release Tuesday. The announcement on the billion-dollar benchmark was made at the company’s annual Sales Achievement Gala at the Four Seasons Hotel in Las Vegas. The global labeling company, with headquarters in Sterling, focuses on branded merchandise, corporate apparel programs, and recognition and incentive solutions. STERLING – Halo Branded Solutions reached the milestone of generating $1 billion in annual sales for 2022. ![]()
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