Case Studies

Halo Innovations

For more than 20 years, products from Halo Innovations have set a new standard for infant safety and comfort. Halo develops products that provide parents with peace of mind, including the SleepSack® wearable blanket, which was designed to meet recommended standards to reduce the risk of Sudden Infant Death Syndrome, and the Bassinest™ Swivel Sleeper, designed to safely keep infants close to parents.

Gray Plant Mooty and members of its Entrepreneurial Services Group have been involved with Halo every step of the way, from organization and capital formation through several rounds of venture financing, solidifying relationships with key vendors, customers and advisors, assisting on a significant recapitalization, all the way to a successful liquidity event finalized in late 2016.

When Halo began exploring options for a possible sale transaction, its leadership knew they could depend on the attorneys at Gray Plant Mooty to work with management and investment bankers to secure a favorable outcome. Leveraging Halo’s strong brand recognition, its line of innovative products, and its deep relationships with birthing hospitals, the parties were able to spark considerable demand for Halo. With a number of promising offers on the table, Halo, its investment bankers, and GPM were able to identify a buyer that best met the goals of the company and its long-term investors.

The acquisition of Halo created liquidity for supporters, who were rewarded for their patience with significant returns on their investment, while enabling Halo to continue its innovative and market-leading work. As Halo enters its next chapter, the attorneys at Gray Plant Mooty will continue to provide practical, strategic guidance on a wide range of matters.

Just like the millions of parents who have made Halo’s products bestsellers, Halo’s management team and board of directors have been able rest easier knowing the company’s needs are being met by members of GPM’s Entrepreneurial Services Group.

back to top