HALO Dream Acquires Baby Merlin with Troutman Pepper Locke's Guidance
Deal News | Mar 31, 2025 | Troutman Pepper Locke, LLP
Troutman Pepper Locke, a reputable law firm, has recently advised HALO Dream, Inc., a portfolio company of Transom Capital Group, on its acquisition of Baby Merlin. Baby Merlin is renowned for its innovative baby sleepwear products, particularly the Magic Sleepsuit, which is a market leader in swaddle products for sleep transitioning. The acquisition was facilitated through a credit facility financing. A team from Troutman Pepper Locke, including Bruce Steinert, Patrick Archambault, Matthew Divis, and Kim Petrolo, provided legal advice to HALO Dream. Troutman Pepper Locke, with its extensive experience in handling middle-market transactions, specializes in corporate finance, mergers and acquisitions, and other strategic deals, has solidified its footprint in the private equity domain through this transaction.
Sectors
- Legal Services
- Private Equity
- Consumer Products
Geography
- United States – Troutman Pepper Locke and the companies involved are based in the United States.
Industry
- Legal Services – The article discusses the role of Troutman Pepper Locke in advising HALO Dream on a legal transaction, highlighting the legal industry's involvement.
- Private Equity – HALO Dream is a portfolio company of Transom Capital Group, indicating the involvement of private equity in the acquisition process.
- Consumer Products – Baby Merlin, known for its baby sleepwear products, operates within the consumer products industry.
Financials
- Not Disclosed – The financial terms of the credit facility financing for the acquisition were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HALO Dream, Inc. | Target | Company | A portfolio company of Transom Capital Group acquiring Baby Merlin. |
| Baby Merlin | Vendor | Company | A designer and manufacturer of baby sleepwear products being acquired by HALO Dream. |
| Troutman Pepper Locke, LLP | Legal Advisor | Company | A law firm advising HALO Dream on the acquisition of Baby Merlin. |
| Transom Capital Group | PE Firm | Company | The private equity firm that owns HALO Dream. |
| Bruce Steinert | Legal Advisor | Person | Part of the Troutman Pepper Locke team advising HALO Dream. |
| Patrick Archambault | Legal Advisor | Person | Part of the Troutman Pepper Locke team advising HALO Dream. |
| Matthew Divis | Legal Advisor | Person | Part of the Troutman Pepper Locke team advising HALO Dream. |
| Kim Petrolo | Legal Advisor | Person | Part of the Troutman Pepper Locke team advising HALO Dream. |