Investment Summary

Envisage Equity Exits Marucci

On March 9, 2020, private equity firm Compass Diversified invested in consumer products company Marucci from Envisage Equity for 200M USD

Investment Highlights
  • This is Compass Diversified’s 6th transaction in the Consumer Products sector.
  • This is Compass Diversified’s 8th largest (disclosed) transaction.
  • This is Compass Diversified’s 21st transaction in the United States.
  • This is Compass Diversified’s 1st transaction in Louisiana.
Investment Fate
  • Marucci was sold to a strategic buyer in 2023 for 572M USD.
  • Marucci was sold to a publicly-traded strategic buyer in 2023 for 572M USD.

Investment Summary

Date 2020-03-09
Target Marucci
Sector Consumer Products
Investor(s) Compass Diversified
Sellers(s) Envisage Equity
Deal Type Secondary Buyout
Deal Value 200M USD
Advisor(s) Jefferies (Financial)

Target

Marucci

Baton Rouge, Louisiana, United States
Marucci is a manufacturer and distributor of baseball and softball equipment under the Marucci and Victus brands. Its product portfolio includes wood and metal bats, apparel and accessories, batting and fielding gloves, and bags and protective gear. Marucci Sports was established in 2009 and is based in Baton Rouge, Louisiana.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Compass Diversified

Westport, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 3.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Compass Diversified is a holding company focused on acquiring controlling interests in profitable small to middle-market businesses in attractive niche industries. Compass generally looks for US-based companies with proven management in place, low technological and/or product obsolescence risk, diverse customers, and EBITDA of at least $10 million. Compass Diversified was founded in 1998 and is headquartered in Westport, Connecticut.


DEAL STATS #
Overall 22 of 26
Sector: Consumer Products M&A 6 of 9
Type: Secondary Buyout M&A Deals 11 of 13
State: Louisiana M&A 1 of 1
Country: United States M&A 21 of 25
Year: 2020 M&A 1 of 2
Size (of disclosed) 8 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-09 Clean Earth

King of Prussia, Pennsylvania, United States

Clean Earth is a U.S.-based environmental-services company that provides hazardous and non-hazardous waste disposal, recycling, soil remediation, dredged-material processing, and electronic/industrial-waste management services. It operates a large network of fully-permitted Treatment, Storage and Disposal Facilities (TSDFs) across the United States, offering services to industries such as manufacturing, chemical, retail, energy, infrastructure, pharmaceuticals, and government. Clean Earth was established in 1990 and is based in King of Prussia, Pennsylvania.

Sell $625M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-19 BOA Fit

Denver, Colorado, United States

BOA Fit designs and manufactures a performance-fit system used in footwear, helmets, and equipment across sports, medical, and workwear applications. BOA Fit was founded in 2001 and is based in Denver, Colorado.

Buy -

Seller(S) 1

DESCRIPTION

Envisage Equity is an operationally-focused growth equity private equity firm. Envisage partners with middle-market entrepreneurs who are looking to significantly expand their businesses.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
State: Louisiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-31 Noble Environmental Technologies

San Diego, California, United States

Noble Environmental Technologies is a manufacturer of ECOR, an advanced sustainable building and design material that is 100% recycled and recyclable and has the highest value conversion waste-to-resource use.

Buy -