Resolute Holdings Management, Inc. (RHLD) is a holding company that manages operating businesses under long-term management agreements and earns fees from those arrangements. The company collects management fees from its managed companies, CompoSecure (operating through GPGI Holdings) and Husky (operating through Husky Holdings), under 10-year agreements subject to automatic renewal. At the consolidated level, product sales from GPGI Holdings totaled $462.1M in FY2025, up from $420.6M in FY2024, while Resolute Holdings itself generated $12.3M in management fees from GPGI Holdings in FY2025, eliminated in consolidation. CompoSecure manufactures metal and other payment cards, sourcing metals, NFC-enabled chips, and EMV chips, and operates facilities in Somerset, NJ. Husky operates manufacturing facilities across Bolton, Ontario; Luxembourg; Milton, VT; Shanghai; and other locations. Thomas Knott serves as CEO and Kurt Schoen as CFO, per the 10-K filed March 12, 2026.
- Revenue model
- Management fees charged to managed companies (CompoSecure via GPGI Holdings and Husky via Husky Holdings) under 10-year management agreements, plus product sales revenue consolidated from GPGI Holdings. Management fees of $12.3M were earned from GPGI Holdings in FY2025 but are eliminated in consolidation. Consolidated product sales were $462.1M in FY2025.
- Products and services
- Payment cards, including metal cards, NFC-enabled cards, and EMV chip cards, manufactured by the CompoSecure business. Husky manufactures products from facilities across North America, Europe, and Asia. Management services provided to CompoSecure and Husky under long-term management agreements.
- Customers and end markets
- Banks and card issuers operating on payment networks are end customers of the CompoSecure business. CompoSecure's products require certification from payment networks; loss of certification would result in loss of bank card-issuing customers. Husky serves manufacturing end markets from facilities in multiple countries.
- Value-chain role
- Resolute Holdings acts as a management company, overseeing and providing management services to operating subsidiaries. CompoSecure occupies a manufacturing and supply role in the payment card value chain, sourcing metals, NFC-enabled chips, and EMV chips from suppliers and producing finished cards for bank and card-issuer customers.
- Geographic exposure
- Resolute Holdings is headquartered in New York, NY. CompoSecure operates leased manufacturing and office facilities in Somerset, NJ. Husky operates owned and leased manufacturing facilities in Bolton, Ontario (Canada); Luxembourg; Milton, VT; Shanghai, China; San Dimas, CA; Diessenhofen, Switzerland; and Chennai, India, as disclosed in the 10-K filed March 12, 2026.
Source: SEC 10-K, filed 2026-03-12
Industry:
Finance Services