Compass Diversified Holdings Provides Shareholders with 2020 Tax Information
February 19 2021 - 4:15PM
Compass Diversified Holdings (NYSE: CODI) (“CODI” or the
“Company”), an owner of leading middle market businesses, announced
today that by 6:00 p.m. Eastern Time Monday, February 22, 2021,
shareholders can click on this link: Compass Diversified Holdings
Tax Package or a link located in the Investor Relations section of
the Company’s website that will allow investors access to their
individual tax reporting information applicable to their ownership
of CODI along with instructions.
Tax Information On February
23rd, the Company will commence mailing shareholders their
individual Investor Tax Reporting packages, which contain
instructions and a schedule summarizing their allocated share of
the Trust’s reportable tax items for the year ended December 31,
2020.
Shareholders should check their 2020 tax
statements received from Broadridge or from their brokerage firm in
order to ensure that the trustee tax information reported for the
company conforms to the information reported. Should you have any
questions regarding your Investor Tax Reporting package, please
contact Tax Support at 800-573-9088.
CODI is not subject to federal or state income
tax and the annual income, losses, deductions or credits of the
Trust flows directly to shareholders.
Tax Disclaimer The tax
information above should not be construed as tax advice and is not
a substitute for careful tax planning and analysis. You should
consult your own tax advisor regarding the specific federal, state,
foreign and other tax consequences to you regarding your ownership
of shares of the Company’s common stock.
About Compass Diversified Holdings
(“CODI”)CODI owns and manages a diverse set of highly
defensible North American middle market businesses. Each of its
current subsidiaries is a leader in its niche market. For more
information, visit compassdiversified.com.
Leveraging its permanent capital base, long-term disciplined
approach and actionable expertise, CODI maintains controlling
ownership interests in each of its subsidiaries, maximizing its
ability to impact long-term cash flow generation and value
creation. The Company provides both debt and equity capital for its
subsidiaries, contributing to their financial and operating
flexibility. CODI utilizes the cash flows generated by its
subsidiaries to invest in the long-term growth of the Company and
has consistently generated strong returns through its culture of
transparency, alignment and accountability.
Our ten majority-owned subsidiaries are engaged in the following
lines of business:
- The design and marketing of purpose-built technical apparel and
gear serving a wide range of global customers
(5.11);
- The manufacture of quick-turn, small-run and production rigid
printed circuit boards (Advanced Circuits);
- The design and manufacture of custom packaging, insulation and
componentry (Altor Solutions);
- The manufacture of engineered magnetic solutions for a wide
range of specialty applications and end-markets (Arnold
Magnetic Technologies);
- The design and marketing of dial-based closure systems that
deliver performance fit across footwear, headwear and medical
bracing products (BOA Technology);
- The design and marketing of wearable baby carriers, strollers
and related products (Ergobaby);
- The design and manufacture of premium home and gun safes
(Liberty Safe);
- The design and manufacture of baseball and softball equipment
and apparel (Marucci Sports);
- The manufacture and marketing of portable food warming systems
used in the foodservice industry, creative indoor and outdoor
lighting, and home fragrance solutions for the consumer markets
(Sterno); and
- The design, manufacture and marketing of airguns, archery
products, optics and related accessories (Velocity
Outdoor).
Forward Looking StatementsCertain statements in
this press release may be deemed forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. We may use words such as “plans,” “anticipate,” “believe,”
“expect,” “intend,” “will,” “should,” “may,” “seek,” “look,” and
similar expressions to identify forward-looking statements. The
forward-looking statements contained in this press release involve
risks and uncertainties. Actual results could differ materially
from those implied or expressed in the forward-looking statements
for any reason, including the factors set forth in “Risk Factors”
and elsewhere in CODI’s annual report on Form 10-K and its
quarterly reports on Form 10-Q. Other factors that could cause
actual results to differ materially include: changes in the
economy, financial markets and political environment; risks
associated with possible disruption in CODI’s operations or the
economy generally due to terrorism, natural disasters, social,
civil and political unrest or the COVID-19 pandemic; future changes
in laws or regulations (including the interpretation of these laws
and regulations by regulatory authorities); general considerations
associated with the COVID-19 pandemic and its impact on the markets
in which we operate; and other considerations that may be disclosed
from time to time in CODI’s publicly disseminated documents and
filings. Undue reliance should not be placed on such
forward-looking statements as such statements speak only as of the
date on which they are made. Although, except as required by law,
CODI undertakes no obligation to revise or update any
forward-looking statements, whether as a result of new information,
future events or otherwise, you are advised to consult any
additional disclosures that CODI may make directly to you or
through reports that it in the future may file with the SEC,
including annual reports on Form 10-K, quarterly reports on Form
10-Q and current reports on Form 8-K.
Investor Relations:The IGB
GroupLeon Berman212-477-8438lberman@igbir.com |
Media Contact:Joele Frank,
Wilkinson Brimmer KatcherJon Keehner / Kate Thompson / Julia
Sottosanti212-355-4449 |
Compass Diversified (NYSE:CODI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Compass Diversified (NYSE:CODI)
Historical Stock Chart
From Apr 2023 to Apr 2024