Private Equity Firm TPG Growth to Acquire HALO Branded Solutions
TPG Growth, the middle market and growth equity platform of San Francisco-based investment firm TPG, has acquired HALO Branded Solutions, Sterling, Ill., from Audax Private Equity.
"At HALO, we strive to provide our clients with innovative, customized solutions that showcase their brand and values," Marc Simon, CEO of HALO, said in a press release. "TPG Growth is a hands-on partner that understands our business and supports our vision. We look forward to leveraging their growth and business-building expertise as we continue to expand and enhance operations."
Financial details of the deal were not disclosed, but, according to the press release, the transaction is expected to close in the second quarter of 2018, subject to closing conditions.
"In HALO, we saw the opportunity to acquire an industry-leading platform that's supported by best-in-class leadership and sales teams," Shamik Patel of TPG Growth said. "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."
For more information on HALO Branded Solutions, visit www.halo.com.