Exhibit 99.2

The pro-forma condensed consolidated balance sheet of Compass Diversified Trust (“CODI) as of September 30, 2006 reflects the financial position of CODI after giving effect to the disposition of Crosman Acquisition Corporation (”the Disposition”) and the use of proceeds to repay amounts borrowed under CODI’s revolving credit facility (the “Use of Disposition Proceeds”) and assumes the disposition of Crosman Acquisition Corporation (“Crosman”) took place on September 30, 2006.

The pro-forma condensed consolidated statement of operations for the period ended September 30, 2006 assumes the Disposition and Use of Disposition Proceeds took place on May 16, 2006 and is based on the operations of CODI for the nine months ended September 30, 2006.

The pro-forma condensed consolidated financial statements have been prepared by CODI based upon assumptions deemed appropriate by it. These statements are not necessarily indicative of the future financial position or results of operations, or actual results that would have occurred had the transaction been in effect as of the dates presented. The pro-forma condensed consolidated financial statements of CODI do not reflect the refinancing of CODI’s bank credit facilities on November 21, 2006. The unaudited pro-forma consolidated financial statements should be read in conjunction with the CODI’s financial statements and related notes as reported in its Quarterly report on form 10-Q filed November 9, 2006.

F-1 Pro-forma Consolidated Balance Sheet at September 30, 2006

F-2 Pro-forma Consolidated Statement of Operations for the nine-month ended September 30, 2006 (Includes Crosman’s results of operations beginning May 16, 2006 through September 30, 2006)

F-3 Explanatory notes to pro-forma condensed consolidated financial statements

UNAUDITED PRO FORMA FINANCIAL INFORMATION
COMPASS DIVERSIFIED TRUST
PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET

	Historical		Subtract:					Pro Forma
	Sept. 30,		Crosman		Pro Forma			Sept. 30,
(in thousands)	2006		Segment		Adjustments			2006
ASSETS
Current assets
Cash and cash equivalents	$	13,049	$	183	$	44,929	(a)	$	57,795
Receivables, net of allowance		91,142		19,224		—			71,918
Inventories		22,162		18,372		—			3,790
Prepaid expenses and other current assets		10,140		3,396		—			6,744
Current assets of discontinued operations		542		—		—			542
Total current assets		137,035		41,175		44,929			140,789
Property and equipment, net		22,110		12,273		—			9,837
Goodwill		189,448		30,212		—			159,236
Intangibles, net		143,678		19,016		—			124,662
Deferred debt issuance costs, net		5,834		—		—			5,834
Other non-current assets		12,401		3,507		—			8,894
Assets of discontinued operations		466		—		—			466
Total assets	$	510,972	$	106,183	$	44,929		$	449,718
LIABILITIES AND STOCKHOLDER’S EQUITY
Current liabilities
Accounts payable and accrued expenses	$	65,074	$	15,061	$	(795	)(d)	$	49,218
Distribution payable		5,368		—		—			5,368
Due to related party		531		—		4,238	(b)		4,769
Working capital facility		11,697		—		(9,500	)(c)		2,197
Current liabilities of discontinued operations		625		—		—			625
Total current liabilities		83,295		15,061		(6,057	)		62,177
Supplemental put obligation		8,016		—		—			8,016
Long-term debt		60,000		—		(60,000	)(c)		—
Deferred income taxes		42,842		5,820		—			37,022
Other non-current liabilities		17,544		711		—			16,833
Total liabilities		211,697		21,592		(66,057	)		124,048
Minority interests		25,956		6,507		—			19,449
Stockholders’ equity		273,319		78,084		110,986	(e)		306,221
Total liabilities and stockholders’ equity	$	510,972	$	106,183	$	44,929		$	449,718

F-1

UNAUDITED PRO FORMA FINANCIAL INFORMATION
COMPASS DIVERSIFIED TRUST
PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
FOR THE PERIOD ENDED SEPTEMBER 30, 2006

	Historical									Pro Forma
	Sept. 30,			Subtract:			Pro Forma			Sept. 30,
(in thousands, except per unit data)	2006			Crosman			Adjustments			2006
Net sales:	$	278,520		$	39,253		$			$	239,267
Cost of sales		209,752			27,559			—			182,193
Gross profit		68,768			11,694			—			57,074
Operating expenses:
Staffing expense		20,439			—			—			20,439
Selling, general and administrative expenses		23,911			4,706			—			19,205
Supplemental put expense		8,016			—			—			8,016
Fees to Manager		2,814			241			—			2,573
Research and development expense		1,553			—			—			1,553
Amortization expenses		4,156			185			—			3,971
Operating income		7,879			6,562			—			1,317
Other income (expense):
Interest income		447			29			—			418
Interest expense		(3,414	)		(2	)		3,383	(f)		(29	)
Amortization of debt issuance costs		(479	)		—			—			(479	)
Other income (expense), net		594			195			(2,400	)(e)		(2001	)
Income from continuing operations before income taxes and minority interests		5,027			6,784			983			(774	)
Income tax expense		(5,163	)		(1,759	)		—			(3,404	)
Minority interests		(1,896	)		—			804	(g)		(1,092	)
Gain (loss) from continuing operations	$	(2,032	)	$	5,025		$	1,787		$	(5,270	)
Basic and diluted loss from continuing operations per share	$	(0.20	)	$	0.50		$	0.18		$	(0.52	)
Basic weighted average number of shares outstanding – basic and fully diluted		10,031			10,031			10,031			10,031

F-2

Explanatory Notes:

(a) As a result of the Disposition and Use of Disposition Proceeds, cash increases by $44.9 million. The components of the change is as follows:

(in thousands)
Net Change in Cash
Estimated proceeds from the sale of Crosman after minority interest	$	117,624
Repayment of outstanding term loan		(50,000	)
Repayment of outstanding delayed draw term loan		(10,000	)
Repayment of revolving credit facility		(9,500	)
Term loans prepayment penalty		(2,400	)
Accrued interest		(795	)
Net change in cash	$	44,929

(b)	Represents accrual of CGM’s profit allocation from the sale of Crosman.
(c)	Represents the repayment of the outstanding term loans and revolving credit facility at CODI.
(d)	Represents the elimination of accrued interest on the term loans and revolving credit facility.
(e)	As a result of the Disposition and Use of Disposition Proceeds, stockholders’ equity increases by $29.3 million. The components of the change is as follows:

(in thousands)
Sale of Crosman
Estimated proceeds from the sale before allocation	$	117,624
Net assets sold		(78,084	)
CGM profit allocation		(4,238	)
Pro-forma gain on sale of Crosman		35,302
Deduct:
Term loans prepayment penalty		(2,400	)
Net change in Stockholders’ equity and minority interest	$	32,902

(f)	Reflects the elimination of consolidated interest expense of $3.4 million due to the Use of Disposition Proceeds to retire debt, (see (c) above.
(g)	Represents the minority interest in Crosman’s income from operations during the period.

F-3