TPG Growth to Acquire HALO Branded Solutions
Ropes & Gray represented TPG Growth, the middle market and growth equity platform of global alternative investment firm TPG, in its partnership with management to acquire HALO Branded Solutions from Audax Private Equity. HALO is a leading marketing services platform that distributes promotional products and provides employee recognition services. Announced on May 17, the transaction is expected to close in the second quarter, subject to customary closing conditions
HALO, headquartered in Sterling, Ill., operates across two business lines: HALO Branded Solutions, one of the world’s largest distributors of promotional products serving many of the largest companies around the globe; and HALO Recognition, which designs and administers employee incentive and rewards programs for enterprise customers
The Ropes & Gray team was led by private equity partner Jason Freedman, finance partner Alexander Zeltser, tax partner Adam Greenwood and benefits partner Alexandra Alperovich.