How Private Equity is Reshaping the Crafts Industry
Many of the recent shakeups in the craft world were instigated by private equity investors. A new book explains their motivations.
Special Podcast Episode: Megan Greenwell on Private Equity
In this podcast interview, journalist Megan Greenwell talks about private equity’s impact on the crafts industry, specifically on JOANN. Megan is the author of Bad Company: Private Equity and the Death of the American Dream.
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.
Podcast Episode #198: Ursula Morgan and Mark Hyland of Premier Needle Arts
In this podcast episode, Mark Hyland of Premier Needle Arts and Ursula Morgan of The Crafts Group talk about their strategy to grow a family of craft brands.
F+W Craft Communities Have Been Auctioned Off to Macanta Investments
In a bankruptcy auction that took place today Macanta Investments, a private investment partnership based in New York City, was the successful bidder for the largest portion of the Crafts Community with a bid of $2,850,000.