"It all makes sense now," the Ray Donovan star tells PEOPLE. "We are so happy and beyond excited - life has just begun."
Johnathon Schaech Welcomes Son Camden Quinn

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Newlyweds Johnathon Schaech and Julie Solomon have another reason to celebrate: they’re now parents!

The actor, 43, and his wife, 29, welcomed a son on Thursday, Sept. 12, his rep confirms to PEOPLE exclusively.

Born in Los Angeles at 2:50 a.m., Camden Quinn Schaech arrived weighing in at 7 lbs., 15 oz. and measured 19 inches.

“Julie came up with ‘Camden’ — she had no idea my hometown team played at Camden Yards,” the Ray Donovan star, who is from Maryland, tells PEOPLE. “We have my team pennant hanging up in the baby room.”

Quinn is in honor of Solomon’s late grandmother’s maiden name.

The couple were married in an intimate beach ceremony in Ocean City, Md. at the end of July, after Schaech finished shooting Hercules 3D in Bulgaria.

“It all makes sense now,” Schaech tells PEOPLE after his son’s delivery. “We are so happy and beyond excited — life has just begun.”

Revealing in March that he has “wanted to be a dad more than anything in the world,” the actor shared that the couple were expecting their first child.

“It is life-changing. Good things come to those who wait. I feel so lucky,” the dad-to-be, who has been divorced twice, said.

In the days leading up to their little one’s big arrival, Schaech spent his time getting schooled on having a son.

“We are having labor class on labor day!!!” he Tweeted, later adding, “Does anyone know what a peepee teepee is?”

— Elizabeth Leonard and Anya Leon