5.11 Is Acquired by Compass Diversified Holdings

Consumer
Industrial

5.11, a portfolio company of TA, sale to Compass Diversified Holdings


Summary

5.11 Tactical® (“5.11” or the “Company”), a portfolio company of TA Associates, LLC (“TA”), was recently acquired by Compass Diversified Holdings (NYSE: CODI) for approximately $400 million.

Baird served as the exclusive financial advisor to 5.11 Tactical®.

About

5.11 is a leading designer and marketer of purpose-built tactical apparel and gear serving a wide range of global customers including law enforcement, military special operations and firefighters, as well as outdoor enthusiasts. For the trailing twelve months ended April 30, 2016, 5.11 reported net revenue of approximately $293 million and EBITDA of approximately $38 million. The Company is headquartered in Irvine and Modesto, California and operates international sales offices in Sweden, Mexico, Australia, China and the United Arab Emirates.

Compass Diversified Holdings owns and manages a diverse family of established North American middle-market businesses. Each of its current subsidiaries is a leader in its niche market. Compass Diversified Holdings maintains controlling ownership interests in each of its subsidiaries in order to maximize its ability to impact long term cash flow generation and value. Compass Diversified Holdings provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. Compass Diversified Holdings is headquartered in Westport, Connecticut with an additional office in Irvine, California.

Founded in 1968, TA Associates, LLC is one of the largest and most experienced global middle-market growth private equity firms. TA has invested in more than 460 companies around the world and has raised $18 billion in capital. TA leads buyouts and minority recapitalizations of profitable growth companies in the technology, financial services, business services, healthcare and consumer industries. TA has offices in Boston, Menlo Park, London, Mumbai and Hong Kong.
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Consumer
Industrial

5.11, a portfolio company of TA, sale to Compass Diversified Holdings

Date
August 2016
Company
5.11 Tactical®
Transaction
M&A - Sellside
Sectors
Consumer
Industrial
Verticals
Performance & Lifestyle Apparel and Footwear
Active Lifestyles, Fitness & Mobility
Safety & Security
Outdoor Recreation & Sporting Goods
Target Geography
North America
Acquiror Geography
North America

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