Compass Diversified Holdings
Compass Diversified Holdings, founded in 1998, is a company managing $3.3 billion in assets with a focus on acquiring controlling interests in middle-market businesses in the industrial and branded consumer sectors.
Company History
Compass Diversified Holdings was founded in 1998 and has established itself as a major player in the investment management sector. The company went public with an IPO in 2006 and has since experienced significant growth. It manages $3.3 billion in assets and generated $2.1 billion in revenue in 2022. The company has completed over $9.3 billion in aggregate transactions and realized gains of over $1.5 billion since its IPO. Compass Diversified joined the Russell 2000 and 3000 indexes in June 2022, highlighting its market presence and stability.
Core Business Focus
Compass Diversified Holdings primarily focuses on acquiring controlling interests in middle-market businesses within the industrial and branded consumer sectors. The company manages 10 platform companies and maintains a permanent capital base. Its strategy revolves around long-term investments and fostering growth within acquired companies. By targeting middle-market businesses, Compass Diversified aims to leverage its expertise to enhance value and operational efficiencies.
Recent Acquisitions
Compass Diversified Holdings has been active in expanding its portfolio through key acquisitions. Recent acquisitions include The Honey Pot Company in February 2024, PrimaLoft in July 2022, BOA Technology in October 2020, Marucci Sports in April 2020, and Altor Solutions in February 2018. These acquisitions align with the company's focus on middle-market businesses in the industrial and branded consumer sectors, providing a broad range of product offerings and services.
Revenue and Financial Performance
In 2022, Compass Diversified Holdings generated $2.1 billion in revenue, marking a substantial financial performance. The company manages a revolving credit facility with over $598 million available. These financial resources enable Compass Diversified to execute its growth strategies and investment plans efficiently. The company's effective asset management and operational strategies contribute to its robust revenue generation and financial stability.
Employment and Workforce
Compass Diversified Holdings employs over 4,000 people across its portfolio companies. This significant workforce is a testament to the company's expansive business operations and the variety of industries it engages with. The diverse talent pool within its portfolio companies drives innovation, operational efficiency, and sustained growth, aligning with the company's strategic objectives in the industrial and branded consumer sectors.