WESTPORT, Conn., Jan 15, 2020 (GLOBE NEWSWIRE via COMTEX) — Demetrios Dounis Named Partner & Head of Business Development
Raj Dalal Answer to Principal
WESTPORT, Conn., Jan. 15, 2020 (GLOBE NEWSWIRE) — Compass Diversified Holdings CODI, 0.16% (“CODI” or the “Company”), an buyer of arch average bazaar businesses, appear today the promotions of Demetrios Dounis to Partner & Head of Business Development, and Raj Dalal to Principal, able January 1, 2020.
“I am admiring to advertise the well-deserved promotions of Demetrios and Raj and attending advanced to alive with them in their new roles as the Company continues to bear amount to our shareholders and advantage its abiding basic anatomy to capitalize on the abounding opportunities ahead,” said Elias Sabo, CEO of CODI. “One of CODI’s greatest strengths is our aggregation and these promotions reflect the abyss of our aptitude and capabilities. On account of CODI’s chief leadership, I appetite to congratulate Demetrios and Raj on a job able-bodied done and accurate my action about our team’s adeptness to abide active on our accurate action to advance in and body businesses for the continued term.”
Patrick Maciariello, COO of CODI added, “At CODI, we pride ourselves on architecture an aberrant aggregation with differentiated capabilities and adopting a adeptness that enables our bodies to abound and succeed. Demetrios and Raj accept fabricated cogent contributions to the development and success of CODI and we are captivated to admit their performance, professionalism and adherence through these hard-earned promotions.”
Demetrios Dounis abutting the Company in 2007 as a Vice President. He was answer to Principal in 2011 and answer to Partner in 2015. In this anew created role as Partner & Head of Business Development, Mr. Dounis will assignment carefully with both East and West Coast based advance teams to alike business development activities beyond the Company, including sourcing and evaluating belvedere affairs as able-bodied as alive with administration teams beyond the CODI portfolio to analyze and complete add-on transactions. Mr. Dounis was complex in the firm’s investments in CamelBak, Liberty Safe, Arnold Alluring Technologies and Velocity Outdoor. He led the firm’s advance in and accomplished avenue of Clean Earth Inc. Mr. Dounis currently serves as a Director for Arnold Alluring Technologies, Liberty Safe and Velocity Outdoor. Prior to abutting CODI, Mr. Dounis formed at UBS and Deloitte. Mr. Dounis holds an MBA from the University of Chicago Graduate School of Business and a BS in Accounting from Rutgers University. He is additionally a Certified Public Accountant and a CFA Charterholder.
Raj Dalal abutting the Company in 2012 as an Associate. In his role as a Principal, Mr. Dalal is amenable for active new advance opportunities and managing absolute portfolio companies. Mr. Dalal was complex in the firm’s investments in The Sterno Group, Manitoba Harvest and Cream Fabricators. He additionally works carefully with Advanced Circuits, Ergobaby and 5.11 and several added accomplished CODI portfolio companies including FOX Factory. Prior to abutting CODI, Mr. Dalal formed at Bank of America Merrill Lynch in the advance cyberbanking group. Mr. Dalal holds an MBA from Harvard Business School and a BA in business economics from the University of California, Los Angeles.
About Compass Diversified Holdings (“CODI”) CODI owns and manages a assorted ancestors of accustomed North American average bazaar businesses. Anniversary of its accepted subsidiaries is a baton in its alcove market.
CODI maintains authoritative buying interests in anniversary of its subsidiaries in adjustment to aerate its adeptness to appulse continued appellation banknote breeze bearing and value. The Company provides both debt and disinterestedness basic for its subsidiaries, accidental to their banking and operating flexibility. CODI utilizes the banknote flows generated by its subsidiaries to advance in the abiding advance of the Company and to accomplish banknote distributions to its shareholders.
Our eight majority-owned subsidiaries are affianced in the afterward curve of business:
This columnist absolution may accommodate assertive advanced statements, including statements with attention to the approaching achievement of CODI. Words such as “believes,” “expects,” “projects,” and “future” or agnate expressions, are advised to analyze advanced statements. These advanced statements are accountable to the inherent uncertainties in admiration approaching after-effects and conditions. Assertive factors could account absolute after-effects to alter materially from those projected in these advanced statements, and some of these factors are abundant in the accident agency altercation in the Form 10-K filed by CODI with the SEC for the year concluded December 31, 2018 as retrospectively revised and adapt through the Accepted Report on Form 8-K filed on November 13, 2019, and added filings with the SEC. Except as appropriate by law, CODI undertakes no obligation to about amend or alter any advanced statements, whether as a aftereffect of new information, approaching contest or otherwise.
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