CODI postponed the public spinoff of its 5.11 ABR Corp. subsidiary due to weak market conditions, and will continue to grow the brand under its umbrella until it can be divested some time in the future. The tactical and sports apparel brand is Compass’ largest business, reporting 4% revenue growth to $123,954,000 in the final quarter, generating adjusted EBITDA of $17,787,000, down 3% from 2020. Full-year sales grew 11% to $444,963,000 and adjusted EBITDA was 19% higher at $65,122,000. Direct-to-consumer accounted for 43% of 2021 sales, though 5.11’s 87 retail stores and e-commerce website, but significantly lower in-stock rates due ... Log in to view full article.