HALO Branded Solutions (UPIC: HBS) has announced the acquisition of BjM Promotions (UPIC: BJMP0001), an Islandia, New York-based promotional products distributor. While terms of the transaction have not been released, BjM’s sales and key administrative staff will join HALO, and BjM’s sales office on Long Island in Islandia, New York, will remain open.
Marc Simon, HALO CEO, says: “Bruce and Debbie Miller have built a great business. I’m pleased they will be rewarded for their past efforts and, as selling principals, I am confident they will be rewarded with HALO’s many tools, sourcing capabilities and compensation without the added responsibilities of all of the administrative tasks of also managing a business.”
BjM President Bruce Miller adds: “HALO recognized the value we place in our business, and shared our vision of the potential we can achieve with strong technological and marketing support. The end result is an opportunity to better serve our current clients while we focus on acquiring additional business.”
Senior vice president of sales at HALO, Dale Limes, MAS, says: “Our goal is to continue our growth through strategic acquisitions of well-run distributors with blue-chip clients in key markets. Bruce, Debbie and the BjM team are a perfect fit for HALO’s award-winning culture.”