Compass Diversified Holdings, Inc., majority owner of CamelBak and Fox Racing Shox, plans to raise up to $300 million through the sale of stock, including up to 9 million shares held by existing investors and executives, according to a registration statement filed with the Securities and Exchange Commission.
An S-3 filed Monday shows the sales would allow the company’s largest shareholder, CGI Magyar Holdings LLC to reduce its stake in the company from 16.4 percent to as little as 1.4 percent.
Other potential selling shareholders include CEO I. Joseph Massoud, Interim CEO Alan B. Offenberg, Elias Sabo and David Swanson.
Compass Diversified Holdings Inc. is a publicly traded trust with majority stakes in a variety of companies, including CamelBak, ERGObaby, Fox Racing Shox and Liberty Safe.
