Compass Diversified (CODI) Commences 6.4M Common Offering

Compass Diversified Holdings (NASDAQ: CODI) announced today it has commenced a public offering of 6,400,000 trust shares, representing a primary offering of 5,100,000 trust shares by CODI and a secondary offering of 1,300,000 trust shares by a selling shareholder. CODI and the selling shareholder expect to grant the underwriters a 30-day option to purchase up to an additional 960,000 trust shares. Net proceeds from the offering by CODI will be used for general corporate purposes. CODI will not receive any proceeds from the secondary offering.

Morgan Stanley and UBS Investment Bank are the book-running managers on the offering, with BB&T Capital Markets, a division of Scott & Stringfellow, LLC; CJS Securities, Inc.; Janney Montgomery Scott and SunTrust Robinson Humphrey acting as co-managers.