WESTPORT, CT – Compass Diversified Holdings hopes to raise more than $73 million in a public offering of some 6.4 million trust shares.

The primary offering includes 5.1 million trust shares priced at $15.10, and a secondary offering includes 1.3 million trust shares by a selling shareholder.

Compass raised approximately $73.4 million in proceeds, net of underwriting discounts and commissions. Compass expects to use the net proceeds from the offering for general corporate purposes.

Closing is expected to occur on or about Apr. 16.

Compass is the parent company of printed circuit board fabricators Advance Circuits and newly acquired Circuit Express.