Company: CODI-PB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001345126-25-000015
Chunk: 106

Company: Compass Diversified Holdings
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1
Chunk 106
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, additional equity and debt financings. We believe, and it has been our experience, that having the ability to finance our acquisitions with the capital resources raised by us, rather than negotiating separate third-party financing specifically related to the acquisition of individual businesses, provides us with an advantage in acquiring attractive businesses by minimizing delay and closing conditions that are often related to acquisition-specific financings. In this respect, we believe that in the future, we may need to pursue additional debt or equity financings, or offer equity 

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in Holdings or target businesses to the sellers of such target businesses, in order to fund multiple future acquisitions. 

Our Businesses

We categorize the current businesses we own into two separate groups of businesses (i) branded consumer businesses, and (ii) industrial businesses. Branded consumer businesses are characterized as those businesses that we believe capitalize on a valuable brand name in their respective market sector. We believe that our branded consumer businesses are leaders in their particular product category. Industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. We believe that our industrial businesses are leaders in their specific market sector.

The following table represents the percentage of net revenue and operating income each of our businesses contributed to our consolidated results since the date of acquisition for the years ended December 31, 2024, 2023 and 2022, and the total assets of each of our businesses as a percentage of the consolidated total as of December 31, 2024 and 2023.

Net RevenueOperating Income (loss) (1)Total AssetsYear ended December 31,Year ended December 31,Year ended December 31,20242023202220242023202220242023Branded Consumer:5.1124.1 %27.1 %25.3 %12.2 %28.2 %19.8 %13.9 %14.6 %BOA8.7 %7.9 %10.9 %14.8 %16.5 %26.2 %11.7 %13.5 %Lugano21.4 %15.7 %10.5 %57.6 %60.6 %24.0 %26.5 %19.5 %PrimaLoft3.4 %3.4 %1.3 %1.3 %(34