Halo Branded Solutions Acquires Commotion Promotions
Sterling, Illinois-based HALO Branded Solutions, number six on Promo Marketing's 2014 Top Distributors List, recently announced the acquisition of Commotion Promotions, a promotional products distributor based in Phoenix. Terms of the transaction were not disclosed. Commotion Promotions sales team and key administrative staff will join HALO.
"Commotion Promotions is an extension of our strategy to partner with successful distributorships in key geographic markets," Marc Simon, HALO Branded Solutions CEO, said. "We are able to reward Karen and Ken for building a strong and growing business, while providing additional sales and technology tools to their sales force and client base."
Karen Kravitz, Commotion Promotions president and CEO, also commented on the acquisition. "We've grown the business through a complete focus on our clients, providing them with creativity and excellent service," she said. "HALO will allow us to expand what we offer our clients and provides a strong balance sheet to accelerate growth opportunities for our sales team."
"Operational and accounting responsibilities will be transitioned to HALO's Sterling, Illinois headquarters while Commotion Promotion's four sales offices will remain HALO sales offices," Jim Stutz, executive vice president of business development for HALO Branded Solutions, said. "We are pleased to add the successful team from Commotion Promotions to HALO's dynamic selling family!"
It is the second acquisition for HALO Branded Solutions in a month. In early June, the company acquired Chesapeake Business Solutions.
For more information, visit www.halo.com.