- PR Newswire•3 hours ago
WESTPORT, Conn., Aug. 31, 2016 /PRNewswire/ -- Compass Diversified Holdings (CODI) ("CODI" or the "Company"), an owner of leading middle market businesses, announced the closing of the acquisition of 5.11 Tactical® ("5.11"), pursuant to an agreement entered into on July 29, 2016. The acquisition was completed for a purchase price of $400 million (excluding working capital and other customary adjustments) and funded through a draw on the Company's revolving credit facility as well as $250 million in additional term loan debt issued under the Company's existing credit facility in connection with the closing of the 5.11 acquisition. Acquisition related costs were $1.9 million. As part of the transaction, CODI acquired a substantial tax asset, the positive effect of which will be meaningful for CODI's annual cash flow.
- PR Newswire•16 days agoCompass Diversified Holdings Announces Partial Divestiture of Fox Factory Holding Corp. for $63 Million of Net Proceeds
WESTPORT, Conn., Aug. 15, 2016 /PRNewswire/ -- Compass Diversified Holdings (CODI) ("CODI" or the "Company"), an owner of leading middle market businesses, announced that on August 12, 2016, Fox Factory Holding Corp. ("FOX") (FOXF) closed on a secondary public offering of 4,025,000 shares of FOX common stock held by certain FOX stockholders, including CODI. CODI sold a total of 3,500,000 shares of FOX common stock in the secondary public offering for total net proceeds of approximately $63 million. In connection with the offering, CODI's ownership in FOX was reduced from approximately 33% to 23% or 8,608,718 shares of FOX's common stock.
Compass Diversified Holdings LLC (CODI)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||17.23 x 600|
|Ask||17.26 x 2800|
|Day's Range||17.06 - 17.28|
|52wk Range||13.65 - 17.58|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||6.40|
|Avg Vol (3m)||114,866|
|Dividend & Yield||1.44 (8.45%)|