Compass Diversified draws on revolver to fund Crosman acquisition

By Tali Rackner

Minneapolis, June 5 – Compass Diversified Holdings used borrowings under its revolving credit facility and available cash on hand to fund its $152 million acquisition of Crosman Corp., according to a press release.

Compass Diversified Holdings is a Westport, Conn.-based owner and manager of middle-market businesses. Crosman is an East Bloomfield, N.Y.-based designer, manufacturer and marketer of airguns, archery products, optics and related accessories.

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