HALO has announced that it has undergone a strategic refinancing through its investment partner TPG, a global alternative asset management firm.
The Sterling, Illinois-based firm, which has 2,100 team members in 42 offices and eight fulfillment centers worldwide, says the “capital infusion” will allow for accelerated growth going forward.
- HALO is PPAI 100’s No. 2 distributor and received high marks for Growth in 2024.
“This strategic refinancing is instrumental in bolstering HALO’s financial position, enabling further enhancements in key areas and positioning HALO for long-term growth,” says Marc Simon, HALO’s CEO. “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.”
Marc Simon
CEO, HALO
‘Broadening Service Offerings’
According to the distributor, its partnership with TPG has unlocked a broadening of service offerings for HALO, as sales have reached nearly $1 billion annually. That growth and expansion in capabilities is expected to continue following the strategic refinancing that TPG has enabled.
- Last year, HALO added to its leadership team with hires focusing on marketing and data engineering and analytics.
- In April, it acquired Wisconsin-based distributor Star Promotions.
- Just last month, HALO announced its 2024 Supplier and Supplier Rep of the Year awards.
