Dechert advised Blue Torch Capital, a U.S. middle-market direct lender offering bespoke credit solutions, on a new credit facility provided to Halo Dream, Inc. (Halo), a portfolio company of Transom Capital Group.
Proceeds from the credit facility were used by Halo to refinance debt and to fund the acquisition of Baby Merlin, an iconic designer and manufacturer of baby sleepwear products known for its patented “Magic Sleepsuit.”
Halo Dream, Inc., is a New York-based corporation and portfolio company of Transom Capital Group that designs, develops, markets and distributes infant babywear and accessories.
The Dechert team that advised Blue Torch Capital included global finance partner Avni Patel, along with associates Remy Lotero and Lei Zhu; intellectual property associate Spencer Joffrion; tax partner David Passey and associates Ishani Kundu and Josh Meyerson.
About Dechert
Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients' rights in extreme situations. Our nearly 1,000 lawyers across 16 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.
Related Professionals
