HALO Branded Solutions, Sterling, Ill., announced the acquisition of Sunrise Identity, a brand merchandise company based in Bellevue, Wash.
“Sunrise is a rapidly growing distributor serving a blue-chip roster of global brands,” said Marc Simon, CEO of HALO. “[Sunrise Identity CEO] Mitch Mounger and his team have built an exceptional business, and we appreciate their trust in HALO’s resources to continue their growth. Our goal is to leverage the best practices of both HALO and Sunrise for the benefit of the valued clients of both organizations.”
“HALO will provide the resources necessary to expand our reach with our clients and key prospects, and support the expansion of our creative and sourcing capabilities,” Mounger said. “Their centralized warehousing and kitting capabilities fill an important need as our business continues to grow. HALO’s client-focused culture will mesh well with the growing needs of our clients.”
HALO will continue to maintain the Sunrise office in Bellevue, and Sunrise will go to market as “Sunrise Identity Powered by HALO.”
The acquisition combines two of the industry’s larger distributors—HALO finished No. 2 overall on our 2018 Top Distributors List, while Sunrise Identity finished No. 20. And it’s another move in what has been a busy stretch of M&A activity for HALO. The company made three acquisitions in 2017 and acquired Caliendo Savio Enterprises Inc. in January of this year. In May, private equity firm TPG Growth acquired HALO.
For more information on HALO Branded Solutions, visit www.halo.com.
