HALO, the leader in branded merchandise, corporate apparel, and recognition solutions, together with its investment partner TPG, today announced the successful completion of a strategic refinancing. The capital infusion further strengthens HALO's financial structure, paves the way for the company’s accelerated growth, and reinforces the strong partnership between HALO and TPG, a leading global alternative asset management firm.
Marc Simon, Chief Executive Officer of HALO, commented, "This strategic refinancing is instrumental in bolstering HALO’s financial position, enabling further enhancements in key areas, and positioning HALO for long-term growth. With these strategic developments, we are confident that HALO is prepared to further strengthen its market leadership and continue delivering unparalleled services to Account Executives and their clients."
Through its partnership with TPG, HALO has significantly broadened its service offerings – now providing solutions to many of the world's largest and most iconic brands and businesses – and increased sales to nearly $1 billion annually, accelerating the company's revenue growth. Major initiatives have included recruiting top-tier talent, expanding the company’s 433,000 square foot state-of-the-art fulfillment and shared service center, and enhancing critical technology capabilities to meet the evolving needs of the marketplace.
About HALO
HALO is the global leader in branded merchandise, uniform programs, and recognition and incentive solutions. We partner with our clients to break through the clutter of our media saturated world and connect their brands to customers, employees and other audiences critical to their success.
With more than 1,900 employees in 42 global offices, we offer the industry’s most comprehensive range of capabilities, including creative services, technology solutions, logistics and global sourcing. Our clients include over 135 of the Fortune 500 as well as thousands of mid and small-size organizations seeking to make a big impact with their brands and enhance their employee experience.
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Contacts
Jeffrey Wurtzel
Senior Vice President of Marketing
Jeffrey.Wurtzel@HALO.com
