All CoDi articles
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ArticleMixed results for CoDi’s outdoor business in Q4
Compass Diversified’s outdoor brands saw mixed Q4 results, with Boa and PrimaLoft growing while 5.11 and Velocity Outdoor struggled.
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ArticleCompass Diversified with board leadership changes
A notable corporate shift reshapes CoDi’s board leadership, aligning governance expertise with long-term growth strategies for a diverse portfolio manager.
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ArticleCoDi’s branded consumables turn Q3 profit despite lower sales
Compass Diversified’s sports and outdoor brands, including PrimaLoft and Boa, boosted Q3 profits to $11.2 million, overcoming last year’s losses.
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News briefsCompass Diversified announces $100m share buyback program
The owner of PrimaLoft, Boa and 5.11 launched the program citing confidence in its growth strategy and strong market positioning.
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News briefsAltor Solutions acquires Lifoam Industries
The Compass Diversified subsidiary has acquired Lifoam Industries for $137 million, enhancing its cold-chain packaging capabilities and market reach.
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News briefs5.11's CFO retires, successor named
The Purpose-Built Gear brand appointed Bryan Jones as Chief Financial Officer, while long-time CFO Jim McGinty announced plans for retirement after nearly a decade in the role.
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News briefsPrimaLoft’s parent company has a new CFO
Stephen Keller is replacing Ryan Faulkingham as Compass Diversified’s CFO.
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ArticleCoDi with strong growth in Boa and PrimaLoft sales amid inventory recovery
Compass Diversified’s branded consumer brands saw significant revenue growth in Q2, driven by destocking recovery and strong European performance, despite setbacks from the Crosman airgun company divestiture in April.
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ArticleCoDi's aggregate Q1 sales nearly unchanged despite net loss
The net loss from continuing operations in Compass Diversified’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, PrimaLoft, and Velocity Outdoor) was $10.5 million against a profit of $1.79 million for the three months ended March 31. Aggregate sales for the four businesses were essentially ...
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News briefsCompass Diversified divests Crosman
Connecticut-based Compass Diversified (CoDi), the owner of owner PrimaLoft, Boa Technology, 5.11 and Velocity Outdoor, has reached an agreement to sell Crosman Corp., the airgun division of its Velocity Outdoor subsidiary, to Arkansas-based Daisy Manufacturing Co. Financial terms of the transaction for the parent of the Crosman, Benjamin, Game Face, ...
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ArticleCoDi believes inventory will become tailwind in 2024
After a difficult 2023, where inventory destocking negatively impacted results at its four outdoor-related businesses, Compass Diversified (CoDi) is banking on a “much higher level of growth” for many of its consumer businesses this year. Additionally, the group, which has eyes on more companies and brands in its portfolio, says ...
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Data & Analysis2023 Bicycle Industry Stock Chart: Bet on interest rate cut boosts year-end rally
Here you can find out why the global bicycle stock market performed better than expected last year and what the role of the selected stocks in our OIC Bicycle Stock played.
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News briefsCoDi promotes members of the investment team
Compass Diversified (CoDi), the Connecticut-based owner of PrimaLoft, Boa Technology, 5.11 and Velocity Outdoor, has promoted Raj Dalal from principal to partner and promoted two other members of its investment team. Dalal will lead the team in the firm’s office on the West Coast, where he will be responsible for ...
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News briefsCoDi receives $75.2m equity investment
Compass Diversified (CoDi), the Connecticut-based owner PrimaLoft, Boa Technology, 5.11 and Velocity Outdoor, completed a $75.2 million private placement offering of approximately 3.6 million of its common shares to an Allspring Global Investments mutual fund for $21.18 per share. “We are thrilled to receive this substantial investment from Allspring,” commented ...
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ArticleMarucci Sports sold to Fox Factory
Compass Diversified (CoDi), the Westport, Connecticut-based owner of several sporting goods brands, including Boa Technology, 5.11, PrimaLoft and Velocity Outdoor, announced that it has entered into a definitive agreement to sell its majority-owned subsidiary Wheelhouse Holdings, Inc, the parent company of Marucci Sports, to publicly traded suspension and suspension expert ...
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ArticleCoDi maintains guidance despite ongoing inventory headwinds
Net income from continuing operations in Compass Diversfied’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, Marucci Sports, PrimaLoft, and Velocity Outdoor) declined by 68 percent to $6.94 million from $21.4 million for the period ended June 30. Total revenues from the five companies fell ...
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News briefsLongtime CoDi director retires
Compass Diversified Holdings (CoDi), the Connecticut-based owner of several sporting goods brands, including Boa Technology, 5.11, Marucci Sports, PrimaLoft and Velocity Outdoor, announced that C. Sean Day has retired from the company’s Board of Directors effective June 30, 2023, for personal health reasons. Day joined the board in 2006, coinciding ...
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News briefsCompass Diversified announces changes to the board of directors
Compass Diversified Holdings (CoDi), the owner of Boa, PrimaLoft, Velocity Outdoor and 5.11, announced that its board of directors has nominated a new candidate for election at CoDi’s 2023 annual meeting of stockholders, which will be held May 25. Nancy B. Mahon will join the seven current directors up for ...
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News briefsPrimaLoft with new CFO
Source: PrimaLoft Jason Kerley Materials technology company PrimaLoft, Inc., a subsidiary of Compass Diversified (CoDi), has announced the promotion of Jason Kerley to chief financial officer. Kerley, who currently serves as vice president - controller, will assume the position following the departure of Tom Seaver, who joined ...
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ArticleCompass Diversified with record quarter
Net income from continuing operations in Compass Diversified’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, Marucci Sports, PrimaLoft, and Velocity Outdoor) fell 25 percent to $15.3 million from $20.3 million for the period ended Sept. 30. Total sales from the five companies rose 16 ...
