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Compass Diversified draws $300 million from revolver to acquire BOA
By Taylor Fox
New York, Oct. 19 – Compass Diversified Holdings has drawn $300 million of its revolving credit facility to acquire BOA Technology Inc., according to a news release.
The acquisition was completed for a price of $454 million using the revolver borrowings and available cash.
Compass Diversified Holdings is a Westport, Conn.-based owner and manager of middle market businesses.
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