Bartolo “Buddy” Valastro  , from the TLC show Cake Boss, and his wife Lisa welcomed there fourth child on Valentine’s Day.  The couple named their baby boy Carlo Salvatore Valastro.

The baby boy was born at Saint Barnabas Medical Center in Livingston N.J., weighing in at 7 lbs., 3 oz. and measuring 20 inches long.

“We feel so blessed to welcome a healthy new baby into our family,” Valastro, 33, tells PEOPLE. “Lisa’s doing great and we can’t wait to bring Carlo home.”

Carlo joins elder sibligs Sofia, 7, Buddy, 6, and Marco, 3,