---
schema_version: "secwatch.filing_event.v1"
accession: "0001345126-23-000059"
form_type: "8-K"
ticker: null
cik: "0001345122"
company_name: "Compass Group Diversified Holdings LLC"
filed_at: "2023-11-15T23:59:59+00:00"
generated_at: "2026-06-08T02:09:01.579408+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Compass Diversified closes sale of Marucci Sports for $572M enterprise value, receives ~$485M in proceeds

## Summary
- Sale of Wheelhouse (parent of Marucci Sports) to Fox Factory closed Nov 14, 2023; CODI received ~$485M at closing.
- CODI expects a pre-tax gain of $225-245M from the sale, to be recorded in Q4 2023.
- Proceeds to pay down outstanding debt under the 2022 Credit Facility and for general corporate purposes.
- Pro forma financials reflecting removal of Marucci filed; Marucci to be reported as discontinued operations.

## SEC filing metadata
- accession: 0001345126-23-000059
- form_type: 8-K
- cik: 0001345122
- company_name: Compass Group Diversified Holdings LLC
- filed_at: 2023-11-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1345122/000134512623000059/0001345126-23-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1345122/000134512623000059/codi-20231114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001345126-23-000059
- JSON: https://secwatch.observer/filing/0001345126-23-000059.json
- Plain text: https://secwatch.observer/filing/0001345126-23-000059.txt

## Key facts
- M&A Transactions
  Compass Group Diversified Holdings LLC completed a disposition involving Fox Factory, Inc. for enterprise value of $572 million (closed 2023-11-14).
  - Action: disposition
  - Counterparty: Fox Factory, Inc.
  - Consideration: enterprise value of $572 million
  - Closing: 2023-11-14
  source text: of Purchaser (the “Merger”). On November 14, 2023, the parties completed the Merger pursuant to the Agreement. The sale price of Wheelhouse was based on an enterprise value of $572 million, subject to certain adjustments based on matters such as transaction tax benefits, transaction expenses of Wheelhouse, the net working capital and cash and debt balances of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1345122/000134512623000059/0001345126-23-000059-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.