Liberty Safe Sold to Monomoy Capital
Compass Diversified will receive about $147.5 million in cash for the gun safe maker, booking a gain of $75 to $85 million, depending on adjustments for working capital and cash and debt balances. The price amounts to a multiple of about 7.75x 2020 adjusted EBITDA, with the sale to the private investment firm expected to close by the end of Aug. ... Log in to view full article.
