Compass Diversified, an owner of middle market businesses, completed the acquisition of PrimaLoft, a provider of branded, high-performance synthetic insulation and materials used primarily in consumer outerwear and accessories, from Victor Capital, a private equity firm, for $530m. "PrimaLoft has all the attributes we look for in an acquisition and once closed, will add to CODI’s track record of acquiring industry-leading, innovative businesses with strong competitive advantages. PrimaLoft is a market leader and possesses significant intellectual property, operates in a large, growing addressable market, and has a world class management team led by Mike Joyce. In addition, PrimaLoft is a high growth and high free cash flow generating business that operates at the forefront of sustainability and is fully aligned with CODI’s mission of conducting our business in a responsible and ethical manner while delivering superior investment results. We’re excited to support PrimaLoft’s next phase of growth," Elias Sabo, Compass Diversified CEO.