Blue Point-Backed Local Crafts Group Acquires Jimmy Beans Wool
April 16, 2025
Blue Point Capital Partners, together with its portfolio company Local Crafts Group, has acquired Jimmy Beans Wool, a Reno-based retailer and distributor of yarn, knitting patterns, tools and accessories. The deal brings Jimmy Beans' boutique yarn lines and acquired brands into Local Crafts' platform, strengthening distribution, manufacturing capabilities and support for independent yarn stores across the U.S. and Canada.
- Buyers
- Blue Point Capital Partners, Local Crafts Group
- Targets
- Jimmy Beans Wool
- Platforms
- Local Crafts Group
- Industry
- Retail
- Location
- Nevada, United States
- Transaction Type
- Addon
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