Recent Updates — CODI-PC

Compass Diversified Holdings reported second quarter 2026 results showing net income attributable to holdings of $81.1 million, or $0.86 per share, compared to a loss of $51.2 million in the prior year period. The company sold Sterno’s Food Service Business for a $182.3 million gain and applied over $280 million of proceeds to debt reduction, lowering total debt from $1,890.7 million to $1,592.3 million. CODI also amended its senior credit facility, extending maturity to January 12, 2028, reducing revolving commitments from $100 million to $54 million, and decreasing the incremental facilities cap from $250 million to $150 million. Additionally, CEO Elias Sabo announced his retirement for December 31, 2026, with COO Zach Sawtelle named as successor. The company maintains its full-year Subsidiary Adjusted EBITDA guidance of $320 million to $365 million. Compass Diversified Holdings is a business development company that acquires and manages a portfolio of middle-market businesses.