CODI Closes Advanced Circuits Sale
Compass Diversified has closed the deal to sell Advanced Circuits to APCT, Inc., a portfolio company of Industrial Growth Partners, and confirmed the pre-tax gain of $100 to $110 million expected when the sale was announced in Jan. Net proceeds will pay off outstanding revolver borrowings. CODI had previously reached an agreement to sell Advanced Circuits to Temp Automation in 2021 for $310 million which fell ... Log in to view full article.
