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.
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.
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.