Added to YB: 2025-07-22
Pitch date: 2025-06-03
CODI [bullish]
Compass Diversified
+53.55%
current return
Author Info
No bio for this author
Company Info
Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage, and middle market investments.
Market Cap
$802.0M
Pitch Price
$6.91
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.84
P/E
-2.91
EV/Sales
1.83
Sector
Financial Services
Category
turnaround
Compass Diversified - $CODI
CODI preferred shares: Post-Lugano scandal with inventory/accounting fraud causing 60% equity drop, B/C preferreds offer 13-14% yield at 60% face value with ~$1B equity cushion. Common dividend suspended, management fees cut. Subsidiary EBITDA ~$318M ex-Lugano, potential $225M inventory recovery. Altor likely sale candidate to accelerate deleveraging. Liquidation analysis shows strong preferred coverage despite carry fees.
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