Wingspire Capital provided 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.