secwatch.observer — SEC 8-K summary
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Issuer:     Compass Group Diversified Holdings LLC (—)
CIK:        0001345122
Form:       8-K
Filed at:   2023-11-15T23:59:59+00:00
Accession:  0001345126-23-000059
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1345122/000134512623000059/0001345126-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1345122/000134512623000059/codi-20231114.htm
  HTML page:      https://secwatch.observer/filing/0001345126-23-000059

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