All CoDi articles – Page 2

  • Compass-Diversified
    News briefs

    CoDi’s consumer business driven by Boa

    6 May 2022

    Compass Diversified’s (CoDi) branded consumer business was led by Boa Technology in the first quarter ended March 31 as the closure system brand generated a 75 percent increase in adjusted Ebitda to $24.9 million from revenue growth of nearly 56 percent to $56.8 million as compared to $36.5 million. Elsewhere ...

  • 5-11-tactical_logo-600x182 Kopie
    News briefs

    5.11 files for stock market listing

    9 November 2021

    5.11 ABR Corp., the U.S. company previously called 5.11 Tactical, has filed an S-1 with the U.S. Securities and Exchange Commission to publicly offer its shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The company intends to ...

  • Compass-Diversified
    News briefs

    CODI’s sports brands with strong Q3, Boa leading the pack

    29 October 2021

    All four of Compass Diversified’s (CODI) outdoor and sports brands – 5.11, Boa Technology, Marucci Sports and Velocity Outdoor – posted positive sales results and improved Ebitda in the third quarter, with Boa, maker of the dial-based Boa Fit System system for footwear and other applications, showing the highest sales ...

  • Compass-Diversified
    News briefs

    CoDi completes sale of Liberty Safe

    4 August 2021

    Compass Diversified (CoDi), owner of various brands, including thriving Boa Fit technology since October 2020, today announced that it has completed the sale of its majority-owned subsidiary, Liberty Safe Holding Corporation, the parent company of Liberty Safe and Security Products, Inc. to an affiliate of Monomoy Capital Partners. The Westport-based ...

  • Compass-Diversified
    Article

    CoDi sees “explosive” growth at Boa Technology

    2 August 2021

    Compass Diversified (CoDi) highlighted the “explosive” growth of the recently acquired Boa Technology in its second quarter ended June 30, cautioning that the brand’s expansion is likely to slow in the second half of the year. Boa, which owns the Boa Fit System for shoe fastening, was acquired by CoDi ...

  • Compass-Diversified
    Article

    CODI’s sales surge by 38%, led by Boa

    30 April 2021

    The recent acquisition of Marucci Sports and Boa Technology drove Compass Diversified’s (CODI) gains, with revenues for the first quarter surging by 38.4 percent from the year-ago quarter to $461.6 million. In addition, net income reached $22.0 million, up from $4.9 million last year. Excluding Marucci and Boa, organic revenues ...

  • Compass-Diversified
    Article

    Boa helps drive strong Q4 at CODI

    26 February 2021

    U.S. investment and holding company Compass Diversified (CODI) reported better-than-expected fourth-quarter net income, boosted by its acquisitions of Marucci and Boa Technology. The company said net income for the three months to Dec. 31 rose to $8.8 million from $5.4m a year earlier. Sales in the period increased to $475m, ...

  • iStock-1033960094_Bike3
    Article

    Bike stocks 2020: Corona gives the bicycle industry a turbo boost

    5 January 2021

    Same same but different – 2020 has been a real rollercoaster. Not only for the world economy but for each individual: Corona set the course. 2020 saw the most extreme stock market movements ever. What it finally taught us above all: whether economic, trade or other wars, political crises or ...

  • News briefs

    CODI is set to buy Boa Technology for $454 million

    23 September 2020

    Compass Diversified (CODI) has entered into a definitive agreement to acquire Boa Technology, which owns the Boa Fit System for shoe fastening. The purchase price of $454 million excludes working capital and other adjustments. The deal is expected to go through in the next 45 days or so, and Boa ...