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Deal snapshot: COMPASS DIVERSIFIED'S ERGOBABY CLOSES USD 73.8M ACQUISITION OF NEW BABY TULA.

MANews-(C)2009-2016

US-based middle market business owner Compass Diversified Holdings's (NYSE: CODI) The ERGObaby Carrier, Inc. subsidiary has closed the acquisition of US-based baby carrier manufacturer New Baby Tula LLC for a purchase price of USD 73.8m, the company said.

This price excludes working capital and a potential earn-out payment of USD 8.2m based on 2017 financial performance. Baby Tula was founded in 2009 and makes premium baby carriers, toddler carriers, slings, blankets and wraps that comfortably and ergonomically support the bond between parent and child.

Country: USA

Sector: Consumer Products

Target: New Baby Tula LLC

Buyer: The ERGObaby Carrier, Inc

Vendor:

Deal size in USD: 73.8m

Type: Corporate Acquisition

Financing: Cash

Status: Closed

Buyer advisor: , ,

Comment:

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Publication:M & A Navigator
Date:May 12, 2016
Words:121
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