Lincoln International Represents Compass Diversified Holdings in the Sale of HALO Branded Solutions
Lincoln International, a leading global mid-market investment bank, has announced that HALO Branded Solutions (“HALO” or the “Company”) has been sold to Candlelight Investment Holdings, Inc. HALO was a portfolio company of Compass Diversified Holdings (NYSE: CODI) (“Compass”), a public investment firm that specializes in acquiring controlling stakes in middle market companies.
Headquartered in Sterling, Illinois, HALO is the leading global supply chain service platform for promotional solutions with over 700 sales representatives and a 250-person corporate support team. As a one-stop shop, HALO provides over 40,000 customers with custom product development and creative design tools and resources, sourcing and vendor management, logistics and order processing, billing, collection and customer services across all categories of end customers’ promotional product needs. Additional information is available at www.halo.com.
Marc Simon, HALO’s Chief Executive Officer, commented, “This is the third successful transaction that Lincoln International has facilitated for HALO Branded Solutions, dating back to 2003. They thoroughly understand our technology-driven business model, service-oriented platform and compelling value proposition. As we anticipated, Lincoln provided expert guidance and was an ideal partner to the Company’s executive management team throughout the entire sale process.”
Pat Maciariello, Partner at Compass, added, “By combining their unique knowledge of HALO and the promotional products industry with a deep understanding of the business process outsourcing space, Lincoln maximized value for the Company’s shareholders. Their positioning insights, aggressive marketing effort and strong execution expertise proved instrumental in achieving a successful outcome. We enjoyed working with HALO over the past five years and wish the Company continued success.”
Lincoln International acted as the exclusive financial advisor to HALO and Compass, working closely with the Company’s senior management team throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With twelve offices (three in the Americas, two in Asia, and seven in Europe) and strategic partnerships with leading institutions in China and Korea, Lincoln International has strong local knowledge and contacts in the key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com
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