pass Diversified LLC(CODI)
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Compass Diversified Holdings Announces Amendment of its Management Services Agreement
GlobeNewswire· 2025-01-15 21:15
WESTPORT, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI), an owner of leading middle market businesses (the “Company” or “CODI”), announced today that on January 15, 2025, it entered into a Seventh Amended and Restated Management Services Agreement with Compass Group Management LLC, the Company’s Manager (the “Amendment”). The Amendment, commencing in the first quarter beginning on January 1, 2025, restructures the management fee under the existing Management Services Agr ...
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Compass Diversified Holdings Announces Amendment of its Credit Agreement
GlobeNewswire· 2025-01-10 13:00
WESTPORT, Conn., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced that on January 9, 2025, it entered into a First Incremental Facility Amendment (the “Amendment”) to its existing Credit Agreement with Bank of America, N.A., as Administrative Agent for the Lenders party thereto. The Amendment modifies the Company’s Third Amended and Restated Credit Agreement, dated as of July 12, 2022, as amended, a ...
Compass Diversified Holdings Announces Changes to its Board of Directors
GlobeNewswire· 2025-01-06 13:05
WESTPORT, Conn., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI), an owner of leading middle market businesses, announced today that current director Gordon M. Burns advised the Board of Directors (the “Board”) on January 3, 2025, he will not be standing for re-election at the Company’s 2025 annual shareholders meeting due to other commitments. Effective as of January 3, 2025, Mr. Burns stepped down as the Chair of the Company’s Nominating & Corporate Governance Committee (the “N ...
Compass Diversified Declares Fourth Quarter 2024 Distributions on Common and Series A, B and C Preferred Shares
Newsfilter· 2025-01-06 13:00
WESTPORT, Conn., Jan. 06, 2025 (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 $0.25 per share on the Company's common shares (the "Common Shares"). The distribution for the three months ended December 31, 2024, is payable on January 23, 2025, to all holders of record of Common Shares as of January 16, 2025. The Board also declar ...
Highlander Partners Acquires Juvenile Products Leader Ergobaby
Prnewswire· 2024-12-30 14:22
DALLAS, Dec. 30, 2024 /PRNewswire/ -- Highlander Partners, L.P. ("Highlander"), a Dallas-based private investment firm, today announced the acquisition of The Ergo Baby Carrier, Inc., ("Ergobaby" or the "Company") from Compass Diversified (NYSE: CODI). Founded in 2003 and headquartered in Los Angeles, California, Ergobaby is the global market leader in premium baby carriers. The Company's ergonomically designed products provide the ultimate in comfort and ergonomics for both the baby and the caregiver. Thr ...
Compass Diversified Announces Sale of Ergobaby
Newsfilter· 2024-12-30 13:00
WESTPORT, Conn., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE:CODI) ("CODI" or the "Company"), an owner of leading middle market businesses, announced today the simultaneous entry into a definitive agreement (the "Agreement") and completion of its sale of its majority-owned subsidiary, The Ergo Baby Carrier, Inc. ("Ergobaby"), to Highlander Partners, L.P. ("Highlander"), a Dallas-based private investment firm. Proceeds from the transaction will be used to pay down debt and for general corpora ...
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Seeking Alpha· 2024-11-01 12:30
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pass Diversified LLC(CODI) - 2024 Q3 - Earnings Call Transcript
2024-10-31 00:58
Compass Diversified (NYSE:CODI) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Cody Slach - Senior MD & Director of Investor Relation Elias Sabo - Partner & CEO Patrick Maciariello - Partner & COO Stephen Keller - Executive Vice President & CFO Conference Call Participants Larry Solow - CJS Securities Matt Koranda - ROTH Capital Matthew Howlett - Jefferies Robert Dodd - Raymond James Operator Good afternoon, and welcome to Compass Diversified's Third Quarter 2024 Conferenc ...
Compared to Estimates, Compass Diversified Holdings (CODI) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-31 00:36
Compass Diversified Holdings (CODI) reported $582.62 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 2.3%. EPS of $0.43 for the same period compares to $0.38 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $570.52 million, representing a surprise of +2.12%. The company delivered an EPS surprise of -20.37%, with the consensus EPS estimate being $0.54.While investors scrutinize revenue and earnings changes year-over-year and how th ...