Durables Investment Holds Strong

Compass Diversified Holdings has acquired a controlling stake in CamelBak Products for $257.5 million. CamelBak provides personal hydration gear such as hydration packs and reusable BPA-free water bottles, as well as other products, for outdoor, recreation and military use. The company has previously been backed by Irving Place Capital.

Since the beginning of 2008, PE investors have invested in 191 companies in the Consumer Durables industry, according to the PichBook Platform. With 36 deals completed in the industry so far this year and West Coast-headquartered companies attracting more deals than those of any other U.S. region, 2011 is on track to match 2010's final deal count, which represented a significant rebound from 2009.