Compass Diversified is Shopping, but Not in Outdoor
The parent of 5.11 Tactical, Liberty Safe and Crosman said that it has enough exposure to the outdoor market right now, though it would certainly still consider an exceptional opportunity in the segment. The outdoor market has leveled off, but is still challenged with no sign yet of a recovery, CODI told attendees at its investor meeting. Liberty and Crosman are mired in that malaise as both brands are reliant on a traditional wholesale supply chain that has been roiled by reduced consumer demand as well as the Gander Mountain bankruptcy and the Bass Pro-Cabela’s merger. But 5.11 Tactical has ... Log in to view full article.