Compass DiversifiedBacked Marucci Sports Announces Acquisition of Baum Bat Compass Diversified Hldgs NYSECODI

BATON ROUGE, La., April 04, 2023 (GLOBE NEWSWIRE) — Marucci Sports, LLC (“Marucci”), a subsidiary of Compass Diversified CODI and a leading designer and manufacturer of baseball and fastpitch equipment and apparel, today announced it has acquired Baum Enterprises LLC (“Baum Bat”), a designer and manufacturer of composite wood bats. Terms of the transaction were not disclosed. The acquisition of Baum Bat will expand Marucci’s product line and strengthen its position as a leader in diamond sports by bolstering its technological capabilities while simultaneously enhancing the company’s wood bat presence. Founded in 1993 with a focus on technology and innovation,…