Premier Needle Arts (Blue Point) Acquires Berroco, Inc.
October 14, 2021
Premier Needle Arts, a Blue Point Capital Partners portfolio company, has acquired Berroco, Inc., a long-standing family-owned supplier of knitting and crochet yarns, patterns and related products. Berroco will operate as a separate brand within the PNA family, preserving existing management, locations and sales channels to continue serving local yarn shops and e-commerce customers.
- Buyers
- Premier Needle Arts, Blue Point Capital Partners
- Targets
- Berroco, Inc.
- Sellers
- Wheelock family (Berroco owners)
- Platforms
- Premier Needle Arts
- Industry
- Consumer Products
- Location
- Rhode Island, United States
- Transaction Type
- Addon
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