Compass Diversified Announces Sale of Advanced Circuits

WESTPORT, Conn., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (CODI), an owner of leading middle market businesses, today announced it has entered into a definitive agreement (the Agreement) to sell its majority owned subsidiary, Compass AC Holdings, Inc., the parent company of Advanced Circuits, Inc. (Advanced Circuits or the Company), to Tempo Automation, Inc. (Tempo Automation), the world's leading software-accelerated electronics manufacturer.