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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