Compass Diversified announces partnership with The Honey Pot company

Compass Diversified announced that it has entered into a definitive agreement to partner with The Honey Pot Company for an enterprise value of $380 million. The Honey Pot Co. will continue to be led by its current leadership team, and existing owners and management will retain a significant minority stake in the company. CEO of Compass Diversified, Elias Sabo, commented: “Beatrice and her team have done an amazing job building The Honey Pot Co. into a leading feminine care brand that has distinctive category ownership and unique brand positioning. They have a strong leadership team, an efficacious line of products, and a track record of impressive innovation and category disruption. We believe they have tremendous growth opportunities on the horizon. This partnership is a testament to the importance of brands built on dedication to innovative products and fostering community. We are so excited to provide The Honey Pot Co. with the resources necessary to bring it closer to its goal of serving more people by being the number one ‘better-for-you’ personal care brand in the world.” The acquisition is expected to close in February, subject to customary closing conditions.