Core Points - Compass Diversified Holdings (CODI) announced that director Gordon M. Burns will not seek re-election at the 2025 annual shareholders meeting due to other commitments [1] - Burns has been a board member since May 2008 and has stepped down as Chair of the Nominating & Corporate Governance Committee, but will remain on the board until the 2025 meeting [1][2] - Nancy B. Mahon has been appointed as the new Chair of the Nominating Committee, effective January 3, 2025 [2][3] - Mahon has been a director since May 2023 and is currently the Chief Sustainability Officer at The Estée Lauder Companies, Inc. [3] - The board aims to strengthen and diversify its governance, with Mahon bringing over a decade of experience in corporate citizenship and sustainability practices [4] Company Overview - CODI has consistently executed its strategy of owning and managing a diverse set of middle-market businesses across industrial, branded consumer, and healthcare sectors since its IPO in 2006 [5] - The company leverages its permanent capital base and long-term disciplined approach to maintain controlling ownership interests in its subsidiaries, maximizing long-term cash flow generation and value creation [5] - CODI provides both debt and equity capital for its subsidiaries, contributing to their financial and operational flexibility [5]

Core Points - Compass Diversified (CODI) announced a quarterly cash distribution of $0.25 per share on its common shares, payable on January 23, 2025, to holders of record as of January 16, 2025 [1] - The Board declared cash distributions for its preferred shares: $0.453125 per share for Series A, $0.4921875 per share for Series B, and $0.4921875 per share for Series C, all payable on January 30, 2025, to holders of record as of January 15, 2025 [2][3][4] Financial Overview - CODI's common and preferred cash distributions are expected to generally constitute "qualified dividends" for U.S. federal income tax purposes, contingent on being paid from "earnings and profits" [5] - The company does not expect all distributions in the 2024 taxable year to be qualified dividends, as earnings and profits are anticipated to be below cash distributions [6] - CODI anticipates that all distributions in 2025 may be treated as a return of capital, with final tax status to be reported in early 2026 [7] Company Background - Since its IPO in 2006, CODI has focused on owning and managing a diverse set of middle-market businesses across industrial, branded consumer, and healthcare sectors [8] - The company leverages its permanent capital base and long-term approach to maintain controlling ownership interests in its subsidiaries, enhancing cash flow generation and value creation [8]

Group 1: Acquisition Overview - Highlander Partners has acquired Ergobaby, the global market leader in premium baby carriers, from Compass Diversified [3] - Ergobaby was founded in 2003 and is headquartered in Los Angeles, California, employing 170 people and distributing products in over 75 countries [3][4] - The acquisition aligns with Highlander's strategy of investing in category-leading branded consumer product companies, emphasizing growth through product innovation and market expansion [1][8] Group 2: Product Portfolio - Ergobaby's product line includes baby carriers, wraps, strollers, bouncers, highchairs, maternity support bands, and nursing accessories, designed to support parents and babies through pregnancy and early development [4] - The company also features two other brands: Tula, known for functional carriers, and Belly Bandit, which focuses on maternity and postpartum solutions [7] Group 3: Management Insights - Jason Frame, CEO of Ergobaby, expressed excitement about the partnership with Highlander, highlighting the management team's energy and a full pipeline of new opportunities [8] - Highlander Partners has over $3 billion in assets under management and employs a buy and build investment approach to create value through organic growth and acquisitions [8]

Core Viewpoint - Compass Diversified has completed the sale of its majority-owned subsidiary, Ergobaby, to Highlander Partners, aiming to utilize the proceeds for debt reduction and corporate purposes while continuing to acquire innovative brands [1][3]. Group 1: Company Overview - Compass Diversified (CODI) is an owner of leading middle-market businesses, focusing on industrial, branded consumer, and healthcare sectors since its IPO in 2006 [4]. - The company employs a strategy of maintaining controlling ownership interests in its subsidiaries to maximize long-term cash flow generation and value creation [4]. - CODI leverages its permanent capital base and expertise to provide both debt and equity capital for its subsidiaries, contributing to their financial flexibility [4]. Group 2: Transaction Details - The sale of Ergobaby was executed through a definitive agreement with Highlander Partners, a private investment firm based in Dallas [1]. - Proceeds from the transaction will be allocated to pay down debt and for general corporate purposes, indicating a focus on financial health and operational flexibility [3]. - The CEO of Compass Diversified expressed confidence in the future, stating the intention to use the sale proceeds to acquire and manage innovative brands, thereby driving long-term shareholder value [2]. Group 3: Leadership Comments - Elias Sabo, CEO of Compass Diversified, acknowledged Ergobaby's position as a global leader in premium juvenile products and expressed gratitude for the contributions of the Ergobaby team [2]. - Jason Frame, CEO of Ergobaby, expressed appreciation for the support from CODI and optimism for future success under Highlander Partners [4].

Group 1 - The financial markets are recognized as a reliable means for long-term wealth generation [1] - The timing of retirement is crucial, despite the adage that "Time in the market beats timing the market" [1] - High Dividend Opportunities (HDO) is a prominent community for income investors and retirees, boasting over 8,000 members [1] Group 2 - HDO's Income Method is designed to yield strong returns irrespective of market volatility, simplifying retirement investing [1] - The company is promoting a Model Portfolio that targets a yield of 9-10% [2] - A limited-time offer includes a 17% discount on the annual price of $599.99, along with a 14-day free trial [2]

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 ...

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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to COMPASS DIVERSIFIED HOLDINGS (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporationororganization) | --- | ...

Exhibit 99.1 Compass Diversified Reports Third Quarter 2024 Financial Results Westport, Conn., October 30, 2024 – Compass Diversified (NYSE: CODI) ("CODI" or the "Company"), an owner of leading middle market businesses, announced today its consolidated operating results for the three months ended September 30, 2024. "Despite a dynamic macroeconomic environment, we had another great quarter," said Elias Sabo, CEO of Compass Diversified. "Our differentiated business model and strong operating companies positi ...

NEW YORK, Oct. 2, 2024 /PRNewswire/ -- Jadex Inc. ("Jadex"), a manufacturer and material sciences company, today announced it has completed the previously announced sale of Lifoam Industries, LLC ("Lifoam" or the "Company") to Altor Solutions ("Altor"), a subsidiary of Compass Diversified (NYSE: CODI), for $137 million in cash (excluding working capital and certain other adjustments). Lifoam is a leading manufacturer of temperature-controlled packaging products such as thermal shippers and refrigerant gel p ...