CompoSecure completes Husky Technologies merger, rebrands to GPGI

CompoSecure Inc. (NYSE: CMPO) completed its business combination with Husky Technologies Limited and announced it will rebrand the corporate entity to GPGI Inc., according to a company statement.

The transaction creates a combined business valued at $7.4 billion, representing approximately 11.6 times 2026 projected pro forma adjusted EBITDA of $635 million. The deal was funded through a $2.0 billion private placement, Platinum Equity's $1.0 billion rollover, and $2.0 billion in debt financing. The David Cote Family retained its $1.0 billion equity investment in the entity.

The new corporate name GPGI stands for "Great Positions in Good Industries," reflecting the company's strategy of acquiring businesses in favorable market positions. CompoSecure and Husky will maintain their existing trade names and operate as separate reporting segments under the GPGI platform.

CompoSecure's common stock will begin trading under the ticker symbol "GPGI" on the New York Stock Exchange starting January 23, 2026. The company expects the transaction to be more than 20% accretive to adjusted diluted earnings per share in the first full year following closing.

"We are thrilled to announce the completion of the Husky transaction and the corporate entity's name change to GPGI, Inc.," stated Dave Cote, Executive Chairman, and Tom Knott, Chief Investment Officer.

CompoSecure specializes in metal payment cards and security solutions, while Husky Technologies manufactures injection molding equipment and aftermarket services for plastic product manufacturing. The combined entity reports approximately 70% recurring revenues.

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