Transom Capital-backed HALO Dream Inc. Completes Acquisition of BreathableBaby LLC, an Industry Leading Juvenile Products Manufacturer
07 Mayo 2024 - 5:00AM
HALO Dream Inc. (“HALO”), a Transom Capital Group (“Transom”)
portfolio company, is pleased to announce the acquisition of
BreathableBaby LLC, an innovative designer and manufacturer of
juvenile safe sleep products (www.breathablebaby.com).
BreathableBaby manufactures and sells a patented,
category-defining breathable mesh, which remains an industry
standard. Safety and innovation inspires BreathableBaby’s
breakthrough products, including mesh cribs, mesh crib liners and
mattresses. The company will join HALO’s strong portfolio of
juvenile sleep products and support the company’s mission to help
babies and parents sleep better and longer.
“The BreathableBaby brand is an industry leader with significant
potential for growth,” said Walter Lehneis, CEO at HALO. “Bringing
the two companies together will unlock innovation grounded in deep
consumer insight and executed across a broad range of channels
globally.”
BreathableBaby will be integrated and managed as part of HALO’s
portfolio of premium juvenile products.
“Transom Capital will continue to bring additional resources,
expertise and financial backing in support of building world class
innovation, ecommerce and supply chain expertise to the HALO
platform,” said Kevin Waddell, an Operating Partner at Transom.
“BreathableBaby offers a highly complementary fit with HALO’s
portfolio of safe sleep, bedding, and crib products and further
reaffirms HALO's commitment to providing parents with innovative
solutions that prioritize safety."
Barnes & Thornburg LLP served as legal advisor to Transom.
MidCap Financial, a leading commercial finance company focused on
middle market transactions, provided a senior secured credit
facility to finance the acquisition.
About Transom Capital Transom is an
operations-focused private equity firm in the middle market with
approximately $900M in assets under management. The firm's
functional pattern recognition, access to capital, and ARMORSM
Value Creation Process combine with management's industry expertise
to create improved operational efficiency, significant top-line
growth, cultural transformation, and overall distinctive outcomes.
Transom is headquartered in Los Angeles, California. More
information at https://transomcap.com.
About HALO Dream Inc.Headquartered in New York,
New York the Company is a designer, developer, marketer and
distributor of infant accessories and apparel (including swaddles,
blankets, wearable blankets, bassinets, bibs, etc.) under its two
brands, HALO and aden + anais. These industry-leading brands are
focused on best-in-class product safety, simplicity, style, and
quality. More information at https://halosleep.com.
Media ContactSam Butler, for Transom Capital
sam@35thAvenuePartners.com206.788.6504