Compass Diversified has sold Liberty Safe to Monomoy Capital Partners

Founded in 1988 and headquartered in Payson, Utah, Liberty Safe has established itself as the market-leading brand in the residential secure storage market. Known for its leading enthusiast brand, best-in-class product quality and domestic manufacturing, Liberty Safe manufactures, markets and distributes a broad line of branded and private label secure home storage products uniquely designed for its loyal channel partners and end consumers.

Steve Allred, Chief Executive Officer and President of Liberty Safe, commented, “We are thrilled to partner with Monomoy as we embark on the next phase of our growth and are grateful for the support CODI has provided over the past decade.”

Lincoln acted as the exclusive investment banking advisor to Liberty Safe, working closely with the company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparation, marketing, due diligence and negotiation phases of the transaction. Chris Stradling, Managing Director at Lincoln, said, “We congratulate the management team and the CODI team on a great outcome. We also look forward to tracking Liberty Safe’s future successes with Monomoy.”

About Liberty Safe

Liberty Safe is a market-leading designer, manufacturer and marketer of branded and private label home and gun safes. The company’s products are sold in various sporting goods, farm and fleet and home improvement retailers across North America as well as through the largest independent dealer network in the industry. Liberty Safe’s domestic manufacturing and distribution operation is strengthened by diverse, entrenched supplier partnerships, enabling leading shipping times and order fulfillment. For more information, please visit www.libertysafe.com.

About CODI

CODI owns and manages a diverse set of highly defensible North American middle market businesses. Each of its current subsidiaries is a leader in its niche market. Leveraging its permanent capital base, long-term disciplined approach and actionable expertise, CODI maintains controlling ownership interests in each of its subsidiaries, maximizing its ability to impact long-term cash flow generation and value creation. CODI provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in its long-term growth and has consistently generated strong returns through its culture of transparency, alignment and accountability.

About Monomoy

Monomoy is a private investment firm with $2.7 billion in committed capital across a family of five investment funds. Monomoy invests in the debt and equity of middle market businesses that can benefit from operational expertise with a focus on manufacturing, distribution and consumer product businesses in North America and Europe. For more information, please visit www.mcpfunds.com.

Compass Diversified Liberty Safe Monomoy Capital Partners 2021
  • 2021
    Close Year
  • Consumer
    Industry
  • Private Equity
    Client Type
  • Financial | Domestic
    Transaction Type
  • USA
    Country
The Lincoln team worked hand-in-hand with us from start to finish and took the time to really understand Liberty Safe’s business and what makes the company unique. The team expertly told the company’s story throughout the process, generating great enthusiasm from the marketplace.
Steve Allred
Chief Executive Officer and President of Liberty Safe

Meet our Senior Team