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 ...

Compass Diversified (CODI) Sells Sterno to Clean Up Its Balance Sheet - Reportify