Compass Diversified (CODI)

Compass Diversified is a private equity firm specializing in add-on acquisitions, buyouts, industry consolidation, recapitalization, late-stage, and middle-market investments. It seeks to invest in leading industrial or branded consumer companies, textiles, apparel and luxury goods, trading companies and distributors, manufacturing, distribution, consumer discretionary, commercial services and supplies, consumer products, capital goods, leisure products, consumer services, consumer staples, household durables, business services sector, infrastructure healthcare, safety & security, electronic components, food, and foodservice. The firm prefers to invest in companies based in North America. It seeks to invest between $80 million to $800 million and targets companies with EBITDA starting from $10 million per annum. Compass Diversified aims to acquire controlling ownership interests in its portfolio companies and can make additional platform acquisitions. The firm prefers to have a controlled and majority stake in companies. It invests through its balance sheet and typically holds investments between five to seven years. Compass Diversified was founded in 2006 and is based in Westport, Connecticut, with an additional office in Costa Mesa, California.