Compass Diversified Holdings announced that on March 5, it entered into an agreement to acquire and consummated the acquisition of Arnold Magnetic Technologies Holdings. The purchase price for Arnold of $130.5M was based on a total enterprise value of $124.2M and included $6.3M of cash and working capital adjustments. Arnold generated approximately $17.9M of adjusted EBITDA for fiscal 2011. Acquisition related costs were approximately $4.2M. CODI funded the acquisition through available cash on its balance sheet and a draw of $25.0M on its revolving credit facility.