Believes That Strategic Process is Required to Prevent Further Value Destruction
ADW Capital Analysis Supports Potential Value Creation of $50 to $60 of Value per Share from Internalization of External Manager
Letter Includes ADW Capital Findings on Board Member Relationships Indicating Lack of True Independence and Presence of Conflicts
Urges the Board to Engage with ADW Capital or Face Proxy Contest
MIAMI BEACH, Fla., July 16, 2026 (GLOBE NEWSWIRE) — ADW Capital Management, LLC (“ADW”), which beneficially owns approximately 19.3% of the Common Stock of Compass Diversified Holdings (NYSE:CODI) (the “Company”) through ownership of shares and stock options, issued an open letter to the Company’s board of directors urging the Company to undertake a strategic review process.
The full text of ADW’s letter to the Board can be viewed here.
https://www.sec.gov/Archives/edgar/data/1345126/000119312526305785/ck0000000000-ex99_4.pdf
About ADW Capital Management, LLC
ADW Capital Management, LLC is the investment advisor for a concentrated, long-biased investment partnership founded by Adam Wyden in 2010.
Contact
Adam Wyden
ADW Capital Management, LLC
(646) 684-4086
[email protected]
