As reported Monday in a PPB Newslink Breaking News alert, HALO Branded Solutions (UPIC: HBS) has acquired Clean Fun Promotional Marketing (UPIC: CLEA0002), a distributor headquartered in Costa Mesa, California. Clean Fun was purchased from ecommerce company Delivery Agent as part of its restructuring using Section 363 of the U.S. bankruptcy code. After an open-bidding process HALO’s bid was approved by the court.
Jim Stutz, executive vice president of Sterling, Illinois-based HALO, says, “The Clean Fun team will make an immediate and positive impact for HALO and, in return, HALO will be able to provide Clean Fun account executives with additional resources to support their efforts with a blue-chip client roster.”
HALO CEO Marc Simon adds, “After a thorough review of Clean Fun’s business, we felt we could provide a meaningful value. In addition, our goal was to provide a great home for their loyal sales force, opportunities at HALO for many of their experienced support staff, and a continuation of the creativity and exceptional personal service they offer their valued clients.”