Golden Peak Media Acquires Creativebug
Golden Peak Media, a media and education company serving craft enthusiasts, has acquired Creativebug, a platform previously owned by Joann.
Schacht Spindle Acquired by Louët B.V.
Barry Schacht and Jane Patrick, owners and founders of Schacht Spindle Company, announced, they’ve sold the business to Louët B.V., a Dutch company that also makes spinning wheels and looms.
Jimmy Beans Wool Acquired by Local Crafts Group
Jimmy Beans Wool, the Reno, Nevada-based yarn shop founded in 2002 by Laura Zander, has been acquired by Local Crafts Group.
Rebecca Page Rebrands, Then Quietly Shuts Down
Popular sewing pattern and virtual events company, Rebecca Page, suddenly shut down this month. Customers, affiliates, instructors, and brand ambassadors were not notified.
Shibui Knits Finds New Home at Madelinetosh
Laura Zander of Madelinetosh and Darcy Cameron, founder of Shibui Knits, have agreed to transfer Shibui Knits’ product lines to Madelinetosh.
Blue Sky Fibers Sold to Malabrigo
Uruguay-based Malabrigo Yarns announced today that it has acquired Minnesota yarn company Blue Sky Fibers. Both are family businesses.
Ocean State Innovators Acquires Cloud9 Fabrics
Cloud9 Fabrics has been acquired by Ocean State Innovators, a company that previously acquired quilting fabric manufacturer P&B Textiles.
WeaveUp, the Digital Print-on-Demand Fabric Company, Acquired by JOANN
AccuQuilt, a Division of TekBrands, Acquired by Private Equity Firm WILsquare Capital
AccuQuilt, maker of the GO! cutting machines, has been acquired by a private equity firm. WILsquare Capital, a St. Louis-based firm, announced the acquisition of AccuQuilt’s parent company, TekBrands, late last week.
Berroco Acquired by Premier Needle Arts, Owner of KnitPicks and WeCrochet
Premier Needle Arts, a Blue Point Capital Partners portfolio company, announced today the acquisition of Berroco, Inc., a leading supplier of knitting and crochet yarns and patterns serving local yarn shops and ecommerce retailers.