• Compass Diversified to Discuss Strategic Initiatives, Healthcare Expansion and Future Growth Opportunities at Investor Day in New York City

    Source: Nasdaq GlobeNewswire / 19 Jan 2023 07:00:01   America/Chicago

    Feature Presentation from Mike Joyce, CEO of CODI’s Newest Acquisition, PrimaLoft

    Event Begins Today at 11:00am ET, Virtual Presentations Begin at 12:15pm ET

    WESTPORT, Conn., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, today will host its Investor Day in New York City. The event will feature a self-guided walk through of CODI’s consumer businesses followed by the PrimaLoft product experience. CODI management will also host a presentation discussing its strategic initiatives, expansion into the Healthcare vertical, and additional growth opportunities. The event will also feature a presentation from Mike Joyce, CEO of PrimaLoft.

    "Our Investor Day provides us the opportunity to update our stakeholders on key strategic, financial and operational growth initiatives that are expected to drive future value creation,” said Elias Sabo, CEO of Compass Diversified. “Over the past few years, we’ve continued to transform our business by accelerating our core growth rate, and we believe today’s event showcases the outstanding consumer companies that will drive further shareholder value creation.”

    Presentation from PrimaLoft

    Established in 1983 by Albany International Corporation (NYSE: AIN), PrimaLoft is an advanced material technology company who is a world leader in the development of high-performance, sustainable insulations and technical fabrics. Mike Joyce, CEO of PrimaLoft, will discuss the following:

    • An overview of how PrimaLoft makes advanced materials felt by consumers and the planet;
    • PrimaLoft’s authentic heritage with proven, strong performance;
    • Its clear runway for accelerating growth; and
    • Its compelling competitive advantages, strong market tailwinds and other keys to success.

    Presentation from CODI

    In today’s presentation, CODI’s management team will discuss the Company’s strong financial position, including:

    • History and value creation roadmap;
    • State of the M&A market and expectations for 2023;
    • An overview of the new Healthcare vertical, including investment criteria and target sectors;
    • An update on CODI’s ESG initiatives; and
    • Financial performance, outlook, and long-term targets.

    Webcast Information

    Today’s Investor Day will include a webcast of both presentations beginning at 12:15pm ET. A live video webcast including audio, video, presentation materials and an archived replay is available here: CODI January 2023 Investor Day, or on the Investor Relations section of CODI’s website, https://www.compassdiversified.com/. Please allow extra time prior to the start of the event to download any necessary software that may be needed to view the webcast.

    Summary Agenda

    • 11:00am – 11:40am: Participant check-in and self-guided walk through of CODI’s consumer businesses
    • 11:40am – 12:00pm: Walk-through PrimaLoft product experience
    • 12:00pm – 12:30pm: Lunch
    • 12:15pm – 12:45pm: PrimaLoft presentation
    • 12:45pm – 1:30pm: Compass Diversified presentation

    About Compass Diversified

    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, branded consumer and healthcare 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.

    FORWARD-LOOKING STATEMENTS

    This press release may contain certain forward-looking statements, including statements with regard to the future performance of CODI and its subsidiaries. Words such as "believes," "expects," and "future" or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the risk factor discussion in the Form 10-K filed by CODI with the SEC for the year ended December 31, 2021 and in other filings with the SEC. Except as required by law, CODI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Investor Relations

    Compass Diversified
    irinquiry@compassdiversified.com

    Gateway Group
    Cody Slach
    949.574.3860
    CODI@gatewayir.com

    Media Relations

    The IGB Group
    Leon Berman
    212.477.8438
    lberman@igbir.com


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