CODI Prices $100 Million Share Offering

Compass Diversified Holdings (CODI),  owner of 5.11, Crosman, Liberty Safe and a number of other middle market businesses, priced a $100 million public offering of 4 million of its 7.875 percent series B fixed-to-floating rate cumulative preferred shares.

Physical Activity Study Shows 28 Percent of Americans Inactive

For more than five years, over a quarter of the U.S. population has indicated they were inactive. However, the 2018 Physical Activity Council Participation Report also indicates a moderate rise in participation for many sports and activities, including fitness sports, outdoor sports and winter sports.

Moody’s Assigns B3 CFR To Boardriders

Moody’s Investors Service assigned a B3 Corporate Family Rating (CFR) to Boardriders Inc.. At the same time, Moody’s assigned a B3 rating to its proposed $450 million Senior Secured Term Loan due 2024 and a B3-PD Probability of Default (PDR) rating. The rating outlook is stable.

Outdoor Research Hires Head Of Finance and Operations

Outdoor Research, the Seattle-based maker of industry leading apparel and gear, this month hired Roger Barton as head of finance and operations. Barton was most recently at Newell Brands Technical Apparel, which include the Marmot and ExOfficio brands.