Marucci Sport, a subsidiary of Compass Diversified (NYSE: CODL), has acquired Lizard Skins LLC. Marucci Sport, a manufacturer in the world of baseball, adds multi-sport grip tape manufacturer to bolster its reach in the sport.

“Adding Lizard Skins’ outstanding products to the Marucci family is a terrific opportunity to enhance our offerings,” said Kurt Ainsworth, CEO of Marucci. “With its exciting brand, innovative designs, and leading technology, Lizard Skins has earned the trust of top athletes, and its strong presence both inside and outside the diamond sports market makes this an exciting partnership.”

“Our team at CODI prides itself on being business builders, having completed nearly 30 add-on transactions for our subsidiaries since our inception. We are excited to add to our long history of investing in our subsidiaries and bring these two leading companies together,” said Elias Sabo, CEO of COD.