Compass Diversified Strikes $380M Deal with The Honey Pot Co., Backing a Feminine Care Revolution
Author: Benzinga Newsdesk | January 16, 2024 09:03am
Compass Diversified (NYSE:CODI) ("CODI" or the "Company"), an owner of leading middle market businesses, today announced that it has entered into a definitive agreement to partner with The Honey Pot Company, LLC ("The Honey Pot Co."), a leading "better-for-you" feminine care brand, for an enterprise value of $380 million (excluding working capital and certain other adjustments upon closing). The Honey Pot Co. will continue to be led by its current leadership team, and existing owners and management will retain a significant minority stake in the company.
Posted In: CODI