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The Secured Lender

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March 24, 2025

Source: Wingspire Capital

ATLANTA – March 24, 2025 — Wingspire Capital is pleased to provide a senior secured revolving credit facility to HALO Dream Inc. to support its acquisition of Baby Merlin, expanding its offering of baby sleepwear products.

Proceeds were used to refinance debt and provide capital and flexibility for HALO’s purchase of Baby Merlin, a designer and manufacturer of baby sleepwear products including its patented “Magic Sleepsuit” used for sleep transitioning.

This is New York-based HALO’s second acquisition in the past two years, following its May 2024 purchase of infant sleep accessories brand BreathableBaby, as HALO continues to expand its best-in-class product portfolio known for safety, simplicity, style, and quality while promoting safer sleep for babies and parents.

The credit facility was part of a broader financing that included a term loan from Blue Torch Capital. HALO is a portfolio company of Transom Capital Group.

“Wingspire Capital enjoyed partnering with Transom Capital and Blue Torch Capital to understand HALO’s unique needs and strategic growth plans so we could structure a flexible capital solution that enabled this acquisition,” said Ryan Jones, Managing Director at Wingspire Capital.

ABOUT WINGSPIRE CAPITAL

Wingspire Capital offers one-stop solutions of up to $200 million for middle market companies, including revolving lines of credit, cash flow loans, fixed asset term loans, first-out term loans & revolvers, lender finance solutions, equipment leases, and sale leasebacks.  Industries financed include business services, consumer products, e-commerce & retail, food & beverage, healthcare, manufacturing, distribution, transportation & logistics, automotive, technology applications and financial services. 

Wingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with $250 billion of assets under management as of December 31, 2024. For further information about Wingspire Capital, visit www.wingspirecapital.com