About Compass diversified holdings
Compass Diversified Holdings: A Comprehensive Guide to the Company
Compass Diversified Holdings is a publicly traded company that specializes in acquiring and managing middle-market businesses. The company was founded in 2005 and has since acquired a diverse portfolio of subsidiaries across various industries, including consumer goods, industrial products, and food products.
The company's business model is unique in that it operates as a permanent capital vehicle. This means that Compass Diversified Holdings does not have an expiration date like traditional private equity firms. Instead, the company aims to hold its subsidiaries for the long term while providing them with the resources they need to grow and succeed.
One of Compass Diversified Holdings' most notable subsidiaries is 5.11 Tactical, a leading provider of tactical apparel and gear for law enforcement officers, military personnel, and outdoor enthusiasts. Other notable subsidiaries include Liberty Safe (a manufacturer of gun safes), Sterno Products (a provider of portable food warming solutions), and Ergobaby (a designer of baby carriers).
Compass Diversified Holdings' success can be attributed to its experienced management team led by CEO Elias Sabo. Sabo has over 25 years of experience in private equity investing and has been instrumental in growing Compass Diversified Holdings into one of the most successful permanent capital vehicles on the market today.
In addition to its impressive portfolio of subsidiaries, Compass Diversified Holdings also offers investors an attractive dividend yield. The company pays out a quarterly dividend that currently yields around 7%, making it an appealing investment option for income-seeking investors.
Overall, Compass Diversified Holdings is a well-managed company with a diverse portfolio of successful subsidiaries across various industries. Its unique business model as a permanent capital vehicle sets it apart from traditional private equity firms while offering investors an attractive dividend yield.