Sale to Compass Diversified Holdings

Sale to Compass Diversified Holdings


Baird served as the exclusive financial advisor to 5.11 Tactical®


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.

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.

For additional information about this transaction, please contact:

Andrew Martin +1 (704) 553-6615
Joe Pellegrini +1 (704) 553-6612
Matthew Tingler +1 (312) 609-4470
Leslie Cheek +1 (617) 426-5789
Mark Karns +1 (312) 609-7045
Terry Huffine +44 (207) 667-8430
Sale to Compass Diversified Holdings
August 2016
5.11 Tactical®
Target Location
North America
Acquiror Location
North America