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Compass Diversified Announces Investment Team Promotions

Retrieved on: 
Monday, January 8, 2024

WESTPORT, Conn., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) ("CODI" or the "Company”), an owner of leading middle market businesses, proudly announces the promotions of investment team members Raj Dalal, Lucas Scholhamer and Phoebe Madsen.

Key Points: 
  • WESTPORT, Conn., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) ("CODI" or the "Company”), an owner of leading middle market businesses, proudly announces the promotions of investment team members Raj Dalal, Lucas Scholhamer and Phoebe Madsen.
  • "We’ve had another strong year at CODI, and it gives me great pleasure to celebrate the world-class talent on our investment team,” said Elias Sabo, CEO of Compass Diversified.
  • Promoted to Principal from Vice President:
    Lucas Scholhamer – Lucas is a member of the investment team at the firm’s East Coast office.
  • Promoted to Senior Associate from Associate:
    Phoebe Madsen – Phoebe is a member of the investment team at the firm’s West Coast office.

Babylist Opens Flagship Showroom, Designed For Today’s Consumer

Retrieved on: 
Tuesday, August 15, 2023

We are excited to bring this online experience into the physical realm," said Natalie Gordon, Babylist founder and CEO.

Key Points: 
  • We are excited to bring this online experience into the physical realm," said Natalie Gordon, Babylist founder and CEO.
  • Babylist Beverly Hills is a visual treat, with rooms designed to please everyone from the most minimalist to those who love a little flair.
  • In addition to consumer needs, Babylist Beverly Hills meets unmet brand and DTC retailer needs.
  • Babylist works online with 100s of vendors, retailers, and brands, and many have approached Babylist with a desire to bring their brands to life.

Compass Diversified Reports Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Wednesday, March 1, 2023

Paid a fourth quarter 2022 cash distribution of $0.25 per share on CODI's common shares in January 2023.

Key Points: 
  • Paid a fourth quarter 2022 cash distribution of $0.25 per share on CODI's common shares in January 2023.
  • Net sales in the fourth quarter of 2022 were $594.9 million, up 6% compared to $559.9 million in the fourth quarter of 2021.
  • Net loss in the fourth quarter of 2022 was $11.8 million compared to net income of $25.9 million in the fourth quarter of 2021.
  • CODI's weighted average number of shares outstanding in the fourth quarter of 2022 was 72.2 million compared to 66.6 million in the prior year fourth quarter.

Compass Diversified Declares First Quarter 2022 Distributions on Common and Series A, B and C Preferred Shares

Retrieved on: 
Friday, April 1, 2022

The Board also declared a quarterly cash distribution of $0.453125 per share on the Companys 7.250% Series A Preferred Shares (the Series A Preferred Shares).

Key Points: 
  • The Board also declared a quarterly cash distribution of $0.453125 per share on the Companys 7.250% Series A Preferred Shares (the Series A Preferred Shares).
  • The Board also declared a quarterly cash distribution of $0.4921875 per share on the Companys 7.875% Series B Preferred Shares (the Series B Preferred Shares).
  • The distribution on the Series B Preferred Shares covers the period from, and including, January 30, 2022, up to, but excluding, April 30, 2022.
  • The Board also declared a quarterly cash distribution of $0.4921875 per share on the Companys 7.875% Series C Preferred Shares (the Series C Preferred Shares).

Compass Diversified Provides Shareholders with 2021 Tax Information

Retrieved on: 
Friday, February 18, 2022

Shareholders should check their 2021 tax statements received from Broadridge or from their brokerage firm to ensure that the trustee tax information reported for the company conforms to the information reported by their brokerage firm.

Key Points: 
  • Shareholders should check their 2021 tax statements received from Broadridge or from their brokerage firm to ensure that the trustee tax information reported for the company conforms to the information reported by their brokerage firm.
  • Shareholders can also click on this link for additional information: Investor Relations, Tax Information .
  • Shareholders with any questions regarding their Investor Tax Reporting package, should contact Tax Support at 800-573-9088.
  • The tax information above should not be construed as tax advice and is not a substitute for careful tax planning and analysis.

Compass Diversified Announces Fourth Quarter 2021 Earnings and Conference Call Information

Retrieved on: 
Thursday, February 10, 2022

The Company has scheduled a conference call to discuss the results on Thursday, February, 24 2022 at 5:00 p.m.

Key Points: 
  • The Company has scheduled a conference call to discuss the results on Thursday, February, 24 2022 at 5:00 p.m.
  • The conference call will feature remarks by Elias J. Sabo, Chief Executive Officer, Ryan J. Faulkingham, Chief Financial Officer, and Pat Maciariello, Partner and Chief Operating Officer of CGM.
  • To participate in the call, please dial (844) 200-6205 (domestic) or + 1 929 526 1599 (international).
  • The conference call will also be available via a live listen-only webcast and can be accessed through the Investor Relations section of CODI's website, https://www.compassdiversified.com/ .

Compass Diversified-Backed Altor Solutions Announces Acquisition of Foam Concepts to Strengthen Position as Leading Provider of Packaging and Componentry Solutions

Retrieved on: 
Wednesday, February 2, 2022

WESTPORT, Conn. , Feb. 02, 2022 (GLOBE NEWSWIRE) -- Altor Solutions (Altor), a subsidiary of Compass Diversified (NYSE: CODI) and a leading designer and manufacturer of custom protective packaging solutions and componentry, today announced that it has acquired Foam Concepts, Inc. (Foam Concepts).

Key Points: 
  • WESTPORT, Conn. , Feb. 02, 2022 (GLOBE NEWSWIRE) -- Altor Solutions (Altor), a subsidiary of Compass Diversified (NYSE: CODI) and a leading designer and manufacturer of custom protective packaging solutions and componentry, today announced that it has acquired Foam Concepts, Inc. (Foam Concepts).
  • Altors acquisition of Foam Concepts strengthens its position as a leading provider of packaging and componentry solutions.
  • With the addition of Foam Concepts and its facility, Altor will operate 19 manufacturing facilities across the United States to help customers solve their Packaging, Insulation and Componentry (PIC) needs.
  • We are excited for Foam Concepts to join forces with an industry leader like Altor, said Philip Michaelson and Mark Villamaino, co-owners of Foam Concepts.

Compass Diversified Announces the Passing of Director D. Eugene Ewing

Retrieved on: 
Friday, January 14, 2022

Mr. Ewing served as a director of the Company since April 2006, as Chairman of the Companys Audit Committee from April 2006 through October 2021, and as Independent Lead Director from July 2019 through October of 2021.

Key Points: 
  • Mr. Ewing served as a director of the Company since April 2006, as Chairman of the Companys Audit Committee from April 2006 through October 2021, and as Independent Lead Director from July 2019 through October of 2021.
  • Mr. Ewings seat on the Companys Board of Directors will not be filled at this time.
  • C. Sean Day, Chairman of CODI, said, We are deeply saddened by the loss of our longtime friend and fellow board member, Gene Ewing.
  • On behalf of the full Board and CODI team, I express my deepest condolences to the entire Ewing family.

Compass Diversified Declares Fourth Quarter 2021 Distributions on Common and Series A, B and C Preferred Shares

Retrieved on: 
Monday, January 3, 2022

The Board also declared a quarterly cash distribution of $0.453125 per share on the Companys 7.250% Series A Preferred Shares (the Series A Preferred Shares).

Key Points: 
  • The Board also declared a quarterly cash distribution of $0.453125 per share on the Companys 7.250% Series A Preferred Shares (the Series A Preferred Shares).
  • The Board also declared a quarterly cash distribution of $0.4921875 per share on the Companys 7.875% Series B Preferred Shares (the Series B Preferred Shares).
  • The distribution on the Series B Preferred Shares covers the period from, and including, October 30, 2021, up to, but excluding, January 30, 2022.
  • The Board also declared a quarterly cash distribution of $0.4921875 per share on the Companys 7.875% Series C Preferred Shares (the Series C Preferred Shares).

Compass Diversified Appoints Alex Bhathal to Board

Retrieved on: 
Monday, January 3, 2022

WESTPORT, Conn., Jan. 03, 2022 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (CODI or the Company), an owner of leading middle market businesses, today announced that Alex Bhathal has been appointed to the Board of Directors of Compass Group Diversified Holdings LLC (the Board), effective January 1, 2022.

Key Points: 
  • WESTPORT, Conn., Jan. 03, 2022 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (CODI or the Company), an owner of leading middle market businesses, today announced that Alex Bhathal has been appointed to the Board of Directors of Compass Group Diversified Holdings LLC (the Board), effective January 1, 2022.
  • We are pleased to welcome Alex and his years of experience helping companies grow to our Board, said Sean Day, Chairman of CODIs Board.
  • The Board looks forward to working with Alex as CODI continues to drive long-term value for its shareholders.
  • Alex Bhathal is the founder of RAJ Capital Management, where he has been serving as the managing partner since 2006.