Compass Diversified to acquire The Honey Pot Company for $380M to expand its portfolio
11/15/24, 10:30 PM
Location
Industry
cosmetics
beauty
fashion
health care
Compass Diversified has announced its acquisition of The Honey Pot Company, a leading plant-based feminine care brand, in a deal worth $380 million. This strategic acquisition is expected to enhance Compass Diversified's portfolio and further diversify its offerings in the consumer products sector, while allowing the founder, Beatrice Dixon, to retain a significant minority stake in the company.
Company Info
Location
Westport, Connecticut, United States
Company info
Since its founding in 1998, CODI has consistently executed on its strategy of owning and managing a diverse set of highly defensible, middle-market businesses across the niche industrial and branded consumer sectors. The Company leverages its permanent capital base, long-term disciplined approach, and actionable expertise to maintain controlling ownership interests in each of its subsidiaries, maximizing its ability to impact long-term cash flow generation and value creation. The Company provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in the long-term growth of the Company and has consistently generated strong returns through its culture of transparency, alignment and accountability. For more information, please visit compassdiversified.com.