CHICAGO--(BUSINESS WIRE)--Maranon Capital, L.P. (“Maranon”) today announced that it was Agent for a mezzanine investment to support the acquisition of HALO Branded Solutions (“HALO”) by Audax Private Equity (“Audax”) and company management. Maranon was also a co-investor in the equity for the transaction.
HALO, headquartered in Sterling, Illinois, is a leading promotional products distributor in the $20 billion per year promotional products industry. Through its nationwide account executive network and corporate service team, HALO offers innovative client solutions, priced competitively, and supported by world-class operations and award-winning marketing. More information about HALO is available at www.halo.com.
About Maranon Capital
Maranon Capital, L.P. is an alternative investment management firm focused on private credit investments in middle market companies. Maranon’s competitive edge is its multi-product strategies that span the balance sheet with value-added financing and equity co-investments. Since 2008, Maranon has invested $2.1 billion in more than 130 portfolio companies. For more information about Maranon Capital please visit www.maranoncapital.com.
About Audax Private Equity
Audax Private Equity focuses on building leading middle market companies. Since the firm’s founding in 1999, Audax has invested over $3.5 billion in 96 platform and 470 add-on companies. The firm employs a disciplined Buy & Build approach to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value. Audax Private Equity is an integral part of Audax Group, an alternative asset management firm with over $10 billion in assets under management. For more information visit the Audax Group website www.audaxgroup.com.
