Sep 2, 2016
STERLING, IL (September 2, 2016) –HALO Branded Solutions announces the affiliation of A Branovan Company, a promotional products distributor based in Milwaukee, Wisconsin.
According to Dale Limes, HALO’s Senior Vice President of Sales, “We are pleased to welcome the Branovan Company team to the HALO family. Their affiliation will improve our presence in a key Midwest market and will add blue-chip Branovan Company clients to HALO’s industry-leading support platform.”
David Branovan, A Branovan Company’s President noted, “We wanted to take our business to the next level. HALO’s technology, marketing and financial resources will take a great deal of stress away so we can focus on selling, growing our business, and providing more benefits to our loyal clients.”
HALO Executive Vice President of Sales and Business Development, Jim Stutz, commented, “We continue to attract small distributors like A Branovan Company to the HALO model with our philosophy that you can operate your business more prosperously when you focus on developing strategic client partnerships and allow us to handle operations, IT, marketing and accounting support.”
A Branovan Company will maintain their office in Milwaukee while order support and financial functions will be transferred to HALO’s operational headquarters in Sterling, Illinois immediately.
Apr 14, 2016
BOSTON, MA (April 14, 2016) –Audax Private Equity ("Audax") today announced that it has partnered with management to acquire HALO Branded Solutions ("HALO"). Terms of the transaction were not disclosed.
Headquartered in Sterling, Illinois, HALO is a leading promotional products distributor in the $20 billion per year promotional products industry. The company has a nationwide sales force and expects to continue its profitable growth by offering innovative client solutions, priced competitively, and supported by world-class operations and award-winning marketing.
Geoffrey S. Rehnert, Co-CEO of Audax, said, “We are impressed with HALO's leadership position in an industry that is positioned for strong growth. The loyalty of their sales team, passion of their support staff, and vision of their leadership team provide an attractive platform for continued impressive financial performance. We are eager to invest in their success.”
Marc Simon, CEO of HALO, said, “We are very pleased with our new partners at Audax. They are a prestigious investment firm with a proven track record of building success with their portfolio companies. Their investment in HALO is a direct result of the hard work and industry leading results that our sales force and support team have achieved. This relationship will continue our efforts for profitable growth through investment in world-class sales support, carefully selected strategic acquisitions, and an added emphasis on attracting top-performing industry professionals to the HALO organization.”
No changes in management or operating direction are planned as part of the sale. “Our senior management team invested alongside Audax in this transaction.” noted Simon, adding, “Our team is focused on delivering the greatest value proposition for selling professionals in our industry. Our team's passion and experience are the real assets in this partnership.”
Feb 9, 2016
STERLING, IL (February 9, 2016) –HALO Branded Solutions is pleased to announce its support of the next generation of marketing and branding innovators through the introduction of a new college scholarship contest.
Illinois-based promotional product leader HALO Branded Solutions is already a longstanding supporter of the Promotional Products Educational Foundation (PPEF; www.ppef.us) that provides scholarships for promotional products professionals and their dependents. With this new program, HALO is excited to expand its support of up and coming marketing visionaries. The winner of the contest will receive a scholarship for $3,000 toward an undergraduate degree.
“The promotional leaders of tomorrow are expanding their academic horizons today,” Terry McGuire, HALO Senior Vice President of Marketing, said. “Leadership in its truest form involves investing in the future and HALO is proud to invest in the marketing leaders that will change our industry directly and indirectly in the next decade.”
Through the scholarship contest, launching today, HALO Branded Solutions will select from outstanding students who demonstrate creativity, passion for marketing, and an unmatched standard of excellence in their fields. HALO Branded Solutions believes that those same qualities have guided its business for more than six decades, propelling it to be the nation’s leader in promotional product distribution.
Requirements for the scholarship contest include a cumulative 3.0 GPA, letter of recommendation, and an essay responding to one of three marketing related topics. Eligibility requirements and full application details are available online at www.HALO.com/scholarship.