11/10/2023 0 Comments Halo branded solutions asi numberThose same studies show that a number of small players will be nimble and quick-moving to meet particularized niche segments of the market to stay competitive. “Studies show that a small number of large companies can compete based upon their scale and breadth of capabilities. “I see consolidation as the inevitable process of maturation of our industry,” says Simon. “HALO continues to work with its valued suppliers to create efficiencies, find the right solutions and meet our clients’ needs.” Marc Simon, HALO Fina Recognition.Īs industry consolidation becomes more apparent, these deals make it clear that Simon expects HALO to lead the way. This buying spree came on the heels of a similarly aggressive period in 2017, when Simon’s HALO bought American Pacific Promotions, Catalyst Marketing and Michael C. Most recently, in September, HALO purchased Chamberlain Marketing Group (asi/160501). HALO kicked off 2018 by acquiring fellow Top 40 distributor Caliendo Savio Enterprises (CSE) (asi/155807) and followed up in August by buying Top 40 distributor Sunrise Identity (asi/339206). #1 Marc Simon, HALO Branded Solutions (asi/356000)įor the second time ever, Simon is ranked in the top spot in our Power 50 rankings, the result of a recent whirlwind stretch of deal-making that’s positioned HALO as an increasingly dominant player in the market. The company’s five-year average annual growth rate through 2019 was 25%.Welcome to the 2018 Power 50 list, which ranks the most influential people in the industry. With reported 2019 North American promotional product revenue of $787 million, HALO ranked second on Counselor’s most recent list of the largest distributors in the industry. It is very common for selling teams to join HALO to utilize our resources to help them grow their business.” He added that the partnering with The Levy Group is not an acquisition, but rather the organization “represents selling and sales support professionals that have joined HALO. Speaking to Counselor, Simon noted that The Levy Group will be selling under the HALO name. The company’s five-year average annual growth rate through 2019 was 25%. “Whenever people of such high caliber are drawn to HALO, it reinforces the many investments we make every day to provide the maximum value to clients and our HALO account executives.” With reported 2019 North American promotional product revenue of $787 million, HALO ranked second on Counselor’s most recent list of the largest distributors in the industry. “We’re thrilled to have Scott, Stuart and their talented group selling under the HALO brand,” said HALO CEO Marc Simon. Levy’s LinkedIn indicates that he was a managing director of InnerWorkings’ New York promo division, while Weisenfeld’s LinkedIn indicates that he was a vice president of enterprise sales for the firm. Levy and Weisenfeld joined InnerWorkings at that point. With Levy as CEO, Weisenfeld was president of Corporate Edge until Top 40 promo distributor InnerWorkings (asi/168860) acquired the distributorship in 2007. It also had an in-house screen printing and embroidery facility, as well as a warehouse and fulfillment center, in New Jersey. A large firm, Corporate Edge was a vertically integrated company with offices in New York City, New Jersey and Georgia. Levy and Weisenfeld were previously leaders of distributorship Corporate Edge, which Levy founded in 1990. “We did extensive due diligence and found HALO’s expertise in global sourcing and distribution, client-centric marketing, and technology would allow us to offer more robust solutions for our clients,” Levy said. Levy said the resources HALO provides were a big draw, as those services and supports are important to meeting the growing needs of clients. Ultimately, this collaboration will positively impact their current clients and sharpen HALO’s presence in the key markets they currently serve” “Their creativity and resourcefulness to their clients is outstanding and will provide insight for the HALO organization. “Our relationship with the Levy team is mutually beneficial,” said Jim Stutz, HALO’s executive vice president of sales and business development. The Levy Group, a New York City-based promotional products outfit headed by industry veterans Scott Levy and Stuart Weisenfeld, has joined Top 40 distributor HALO Branded Solutions (asi/356000).įrom left, Marc Simon, HALO Jim Stutz, HALO Scott Levy, The Levy Group Stuart Weisenfeld, The Levy Group.Įxecutives for Sterling, IL-based HALO described The Levy Group as a team of veteran industry selling professionals that serve blue chip end-clients in the sports, entertainment and beverage markets.
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