Deal snapshot: COMPASS DIVERSIFIED'S ERGOBABY CLOSES USD 73.8M ACQUISITION OF NEW BABY TULA.
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.
Sector: Consumer Products
Target: New Baby Tula LLC
Buyer: The ERGObaby Carrier, Inc
Deal size in USD: 73.8m
Type: Corporate Acquisition
Buyer advisor: , ,
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|Publication:||M & A Navigator|
|Date:||May 12, 2016|
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