Compass Diversified (CODI) Sells Sterno to Clean Up Its Balance Sheet
Compass Diversified Holdings (NYSE:CODI) is one of the must-buy small cap stocks to buy. On March 30, Compass Diversified Holdings (NYSE:CODI) announced it had signed a definitive agreement to sell the foodservice business of its subsidiary, SternoCandleLamp Holdings, Inc., to Archer Foodservice Partners for an enterprise value of $292.5 million. Archer Foodservice Partners is a portfolio company of private equity firm Wynnchurch Capital. Compass Diversified (CODI) Sells Sterno to Clean Up Its Balance She ...