HALO/Lee Wayne Acquires Goldman Promotions

STERLING, Ill. — HALO/Lee Wayne announced that it purchased Goldman Promotions, a promotional products distributor based in St. Louis, Mo. The sale was an all-cash transaction.

Goldman Promotions posted revenues of $35 million in 2007 and has been in business for nearly 50 years. According to Marc Simon, HALO/Lee Wayne CEO, “The Goldman family has built a great business that provides us the opportunity to service a highly regarded sales force concentrated in key geographic markets.”

Ken Goldman and Don Goldman -- former Goldman Promotions chairman and president/CEO, respectively -- will continue in management roles and retain responsibility for key accounts. Operational responsibilities will be transitioned from St. Louis to HALO/Lee Wayne’s operational headquarters in Sterling, Ill.

“We were very impressed with HALO/Lee Wayne’s operational efficiency, culture and creativity. They have invested heavily in technology, and it shows in every aspect of their organization,” said Ken Goldman, former chairman.

Don Goldman, former president and CEO, added, “I am confident in HALO/Lee Wayne’s ability to support our account executives and service our clients at the high levels of quality they have always come to expect.”