Highlander Partners completed the acquisition of Ergobaby from Compass Diversified.

Highlander Partners, a Dallas-based private investment firm, completed the acquisition of Ergobaby, a provider of premium baby carriers, from Compass Diversified, a holding company. Financial terms were not disclosed. "This acquisition further emphasizes Highlander's focus on investing in category-leading branded consumer product companies. As the #1 baby carrier brand globally, Ergobaby has tremendous growth opportunities driven by product innovation, market expansion and increased consumer awareness. In addition, we have a strong track record of implementing a "buy and build" approach with our investments and we see significant M&A opportunities that would complement Ergobaby's parenting solutions portfolio and business strategy to better serve its customers in the broader juvenile products market," Jeff L. Hull, Highlander Partners President and CEO.