Company: CODI-PB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001345126-25-000015
Chunk: 13

Company: Compass Diversified Holdings
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 13
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 $23,500 $(14,100)TridienSeptember 21, 2016$25,000 $22,700 $1,700 FOX**$526,600 $428,700 Manitoba Harvest (3)February 28, 2019$294,300 $219,700 $121,700 Clean EarthJune 28, 2019$625,000 $560,520 $217,900 LibertyAugust 3, 2021$147,500 $129,600 $73,700 Advanced CircuitsFebruary 14, 2023$220,000 $173,000 $106,900 Marucci SportsNovember 14, 2023$572,000 $487,320 $244,700 ErgobabyDecember 27, 2024$104,000 $99,100 $6,100 

(1)  CODI portion of the net proceeds from disposition includes debt and equity proceeds and reflects the accounting for the redemption of the sold business's minority shareholders and transaction expenses.

(2)   Gain (loss) recognized on sale of our businesses is calculated by deducting our total invested capital from the net sale proceeds received and does not include any applicable income tax.

(3)  Sale price of Manitoba Harvest was C$370 million. Translation to USD is as of the date of sale.  

*  We made loans to and purchased a controlling interest in FOX on January 4, 2008, for approximately $80.4 million.  In August 2013, FOX completed an initial public offering of its common stock.  As a result of the initial public offering, our ownership interest in FOX was reduced to approximately 53.9%. No gain was reflected as a result of the sale of our FOX shares in the initial public offering because our majority classification of FOX did not change.  FOX used a portion of their net proceeds received from the sale of their shares as well as proceeds from a new external FOX credit facility to repay $61.5 million in outstanding indebtedness to us under their existing credit facility with us. In July 2014, through a secondary offering, our ownership in FOX was lowered from approximately 54% to approximately 41%, and as a result we deconsolidated FOX as of July 10, 2014. In March and August 2016, through two more secondary offerings