Compass Diversified
OverviewSuggest Edit
Compass Diversified (CODI) is a company that acquires and manages a group of small and middle-market businesses. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety and security, electronic components, and food service. Compass Diversified's branded consumer businesses include ABR, Ergobaby, Liberty Safe, and Velocity Outdoor, and its niche industrial businesses are Advanced Circuits, Foam Fabricators, and Sterno.
| Type | Public | |
| Founded | 2005 | |
| HQ | Westport, CT, US | Map |
| Website | compassequity.com | |
| Overall Culture | C | More |
Recent NewsAll News
- Compass Diversified Declares Fourth Quarter 2020 Distributions on Common and Series A, B and C Preferred Shares
- Compass Diversified to Discuss Differentiated Permanent Capital Model, Portfolio Transformation, Strong Financial Performance and 2020 Outlook at Virtual Investor Day
- Compass Diversified to Host Virtual Investor Day on December 10, 2020
- Compass Diversified Announces Planned CEO Transition at Subsidiary Company, The Sterno Group
Key People/Management at Compass Diversified
Elias J. Sabo
Partner & Chief Executive Officer, CODI
Patrick A. MacIariello
Partner & Chief Operating Officer, CODI
Demetrios P. Dounis
Partner & Head of Business Development
Zach T. Sawtelle
Partner
Ryan J. Thorp
Senior Vice President
Ryan J. Faulkingham
Executive Vice President, Chief Financial Officer, CODI
Compass Diversified Office Locations
Compass Diversified has offices in Westport and Irvine
Westport, CT, US (HQ)
301 Riverside Ave 2nd Floor
Irvine, CA, US
2010 Main Street #1220
Compass Diversified Financials and Metrics
Compass Diversified Revenue
Compass Diversified's revenue was reported to be $1.45 b in FY, 2019 which is a 14.3% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q2, 2020) | 333.6m |
Gross profit (Q2, 2020) | 117.4m |
Gross profit margin (Q2, 2020), % | 35.2% |
Net income (Q2, 2020) | (7.4m) |
EBIT (Q2, 2020) | 13.5m |
Market capitalization (19-Jan-2021) | 1.4b |
Closing stock price (19-Jan-2021) | 21.7 |
Cash (30-Jun-2020) | 205.2m |
EV | 1.9b |
Compass Diversified's current market capitalization is $1.4 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 290.0m | 307.4m | 324.0m | 360.7m | 429.8m | 448.7m | 402.5m | 336.1m | 388.3m | 333.4m | 333.6m |
Cost of goods sold | 160.3m | 162.2m | 166.4m | 234.6m | 279.1m | 299.0m | 266.3m | 213.5m | 251.8m | 214.0m | 216.2m |
Gross profit | 94.3m | 109.7m | 117.7m | 126.1m | 150.7m | 149.7m | 136.2m | 122.6m | 136.5m | 119.5m | 117.4m |
Gross profit Margin, % | 33% | 36% | 36% | 35% | 35% | 33% | 34% | 36% | 35% | 36% | 35% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 115.3m | 39.3m | 41.5m | 46.3m | 37.5m | 36.2m | 39.8m | 485.9m | 285.8m | 291.0m | 205.2m |
Accounts Receivable | 172.9m | 194.8m | 198.1m | 256.8m | 272.7m | 308.6m | 263.5m | 187.3m | 221.4m | 184.1m | 192.2m |
Prepaid Expenses | 18.2m | 25.9m | 27.1m | 34.7m | 37.7m | 38.5m | 88.0m | 85.3m | 42.0m | 33.7m | 33.3m |
Inventories | 208.3m | 229.5m | 242.8m | 294.7m | 300.3m | 328.5m | 313.9m | 327.7m | 332.2m | 305.6m | 317.3m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (21.1m) | (23.9m) | (15.5m) | (1.6m) | (1.1m) | 4.7m | 110.2m | 328.3m | 301.8m | 4.9m | (2.5m) |
Depreciation and Amortization | 31.4m | (62.6m) | 88.7m | 22.9m | 57.1m | 87.9m | 27.6m | 43.3m | 65.3m | 21.8m | 48.2m |
Inventories | (8.1m) | (12.1m) | (24.2m) | (7.2m) | (13.8m) | (31.2m) | (6.6m) | (19.8m) | (24.9m) | 11.8m | 11.2m |
Accounts Payable | (20.9m) | (2.4m) | 5.4m | 4.9m | 14.2m | 44.8m | (21.0m) | (8.0m) | 27.3m | (10.4m) | 17.9m |
| USD | Q1, 2017 |
|---|---|
Debt/Equity | 0.6 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2 x |
Compass Diversified Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Marucci Sports LLC | March 09, 2020 | $200 m |
| Foam Fabricators | January 18, 2018 | |
| 5.11 Tactical | August 01, 2016 | |
| Clean Earth | August 07, 2014 | |
| The ERGObaby Carrier | September 17, 2010 | |
| 5.11 | ||
| 5.11 ABR Corp. | ||
| 5.11 Acquisition Corp. | ||
| 5.11 Australia Pty Ltd. | ||
| 5.11 Do Brasil Comercio Ltda. |
Compass Diversified Revenue Breakdown
Compass Diversified revenue breakdown by business segment: 8.4% from Foam, 10.2% from Velocity, 27.3% from Sterno, 6.2% from Ergobaby, 6.3% from Advanced Circuits, 6.6% from Liberty, 26.8% from 5.11 and 8.3% from Arnold
Compass Diversified revenue breakdown by geographic segment: 82.8% from United States, 6.9% from Europe and 10.2% from Other
Compass Diversified Cybersecurity Score
Compass Diversified Online and Social Media Presence
65 Twitter followers
Compass Diversified has 65 Twitter Followers. The number of followers has increased 4.4% month over month and increased 4% quarter over quarter
Compass Diversified's Trends
Compass Diversified Company Culture
Overall Culture
C
70/100
CEO Rating
C-
69/100
Compensation
C-
66/100
Diversity
C
73/100
Compass Diversified News and Updates
January 04, 2021
Compass Diversified Declares Fourth Quarter 2020 Distributions on Common and Series A, B and C Preferred Shares
WESTPORT, Conn., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.36 per share on the Company’s commo…
December 10, 2020
Compass Diversified to Discuss Differentiated Permanent Capital Model, Portfolio Transformation, Strong Financial Performance and 2020 Outlook at Virtual Investor Day
Presentations Begin Today at 1:00 PM ET, Available via Webcast at IR.CompassDiversified.com Presentations Begin Today at 1:00 PM ET, Available via Webcast at IR.CompassDiversified.com
November 24, 2020
Compass Diversified to Host Virtual Investor Day on December 10, 2020
WESTPORT, Conn., Nov. 24, 2020 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today it will host a virtual investor day on Thursday, December 10, 2020 at 1:00 pm ET. The event will include a presentation by th…
October 02, 2020
Compass Diversified Announces Planned CEO Transition at Subsidiary Company, The Sterno Group
Don Hinshaw to Retire as CEO, Effective December 31, 2020; Will Remain on Board of Directors
October 01, 2020
Compass Diversified Declares Third Quarter 2020 Distributions on Common and Series A, B and C Preferred Shares
WESTPORT, Conn., Oct. 01, 2020 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.36 per share on the Company’s comm…
September 14, 2020
Compass Diversified Appoints Katie Melzer as Managing Director and Head of Business Development
WESTPORT, Conn., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Compass Diversified Holdings, doing business as Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, today announced the appointment of Katie Melzer as Managing Director and Head of Business De…
Compass Diversified Blogs
July 02, 2020
Compass Diversified Holdings-Backed Foam Fabricators Takes Significant Steps in Diversification and Sustainability Initiatives
Expands Footprint and Cold-Chain Offerings through Acquisition of Complementary Industry Player, Polyfoam Corporation Enhances Structural Packaging Capabilities through Strategic Partnership with Rational Packaging Introduces Cost-Effective Biodegradable EPS Foam Product Strongly Positioned
May 11, 2020
CODI Completes Strategic Capital Raise and Adds $290 Million in Gross Proceeds
Closings of New Common Equity and Senior Unsecured Debt Offerings Further Position CODI to Opportunistically Pursue Future Acquisitions WESTPORT, Conn. , May 11, 2020 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI) (the “Trust”) and Compass Group Diversified Holdings, LLC (the
May 05, 2020
Compass Diversified Holdings Announces Pricing of a Private Add-on Offering of $200 Million of 8.000% Senior Unsecured Notes Due 2026
WESTPORT, Conn. , May 05, 2020 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI) (“CODI”), a Delaware statutory trust and the sole owner of 100% of the trust interests in Compass Group Diversified Holdings, LLC (the “Company”), and the Company announced today that the Company has priced
May 05, 2020
Compass Diversified Holdings Announces Proposed Private Add-on Offering of $200 Million of 8.000% Senior Unsecured Notes Due 2026
WESTPORT, Conn. , May 05, 2020 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI) (“CODI”), a Delaware statutory trust and the sole owner of 100% of the trust interests in Compass Group Diversified Holdings, LLC (the “Company”), and the Company announced today that the Company intends,
May 05, 2020
Compass Diversified Holdings Announces Pricing of $88 Million Common Share Offering
WESTPORT, Conn. , May 04, 2020 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI) (the “Trust”) and Compass Group Diversified Holdings LLC (the "Company" and together with the trust, "CODI"), announced today that CODI has priced a public offering of 5,000,000 common shares of the Trust
May 04, 2020
Compass Diversified Holdings Announces Common Share Offering
WESTPORT, Conn. , May 04, 2020 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), announced today that it has commenced a public offering of 5,000,000 common shares, with a 30-day option for the underwriters to purchase up to an additional 750,000 common
Compass Diversified Frequently Asked Questions
When was Compass Diversified founded?
Compass Diversified was founded in 2005.
Who are Compass Diversified key executives?
Compass Diversified's key executives are Elias J. Sabo, Patrick A. MacIariello and Demetrios P. Dounis.
How many employees does Compass Diversified have?
Compass Diversified has 4,002 employees.
What is Compass Diversified revenue?
Latest Compass Diversified annual revenue is $1.5 b.
What is Compass Diversified revenue per employee?
Latest Compass Diversified revenue per employee is $362.4 k.
Who are Compass Diversified competitors?
Competitors of Compass Diversified include Thayer Street Partners, Branford Castle Partners and AEA Investors.
Where is Compass Diversified headquarters?
Compass Diversified headquarters is located at 301 Riverside Ave 2nd Floor, Westport.
Where are Compass Diversified offices?
Compass Diversified has offices in Westport and Irvine.
How many offices does Compass Diversified have?
Compass Diversified has 2 offices.
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