Liberty Safe Is Acquired by Compass

Consumer

Liberty Safe, a portfolio company of Catterton, sale to Compass


Summary

Liberty Safe and Security Products, Inc. (“Liberty Safe” or the “Company”), a portfolio company of Catterton Partners (“Catterton”), recently completed its sale to Compass Diversified Holdings (NASDAQ:CODI) (“Compass”).

Baird served as the exclusive financial advisor to Liberty Safe on this transaction.

About

Based in Payson, Utah and founded in 1988, Liberty Safe is the premier designer, manufacturer and marketer of home and gun safes in North America. From its over 200,000 square foot manufacturing facility, the Company produces a wide range of home and gun safe models in a broad assortment of sizes, features and styles. The Company’s products are marketed under the Liberty®, National Security® and Centurion® brands as well as popular licensed brands, including Remington® and John Deere®. Liberty Safe’s products are sold through a nationwide network of full-service dealers, sporting good and specialty retail chains, mass retailers, and home improvement centers.

Compass Diversified Holdings was formed to acquire and manage a group of middle market businesses that are headquartered in North America. Its subsidiaries are a diverse group of businesses with highly defensible market positions. Compass’ model involves the acquisition of controlling ownership interests in its subsidiaries in order to maximize its ability to impact each subsidiary’s performance. Compass provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility.

With more than $2.3 billion under management, Catterton Partners is a leading consumer-focused private equity firm in North America. Since its founding in 1989, Catterton has leveraged its investment capital, strategic and operating skills, and network of industry contacts to establish one of the strongest private equity investment track records in the middle market consumer industry.
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Consumer

Liberty Safe, a portfolio company of Catterton, sale to Compass

Date
March 2010
Company
Liberty Safe
Transaction
M&A - Sellside
Sectors
Consumer
Verticals
Sportsman
Target Geography
North America
Acquiror Geography
North America

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