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Announced

Completed

Branford Castle Partners completed the acquisition of Handi Quilter from Premier Needle Arts.

Synopsis

Branford Castle Partners, a private equity firm, completed the acquisition of Handi Quilter, a manufacturer and designer of longarm quilting machines, products and associated software, from Premier Needle Arts, a platform of brands in consumable crafts that are sold primarily direct-to-consumers. Financial terms were not disclosed. "We are excited to partner with Mark, Darren and the Handi Quilter leadership team, honoring the joy and passion of quilting across the globe. The Company's position as the leader in the longarm quilting market, along with their customer-oriented focus and approach, make it an exceptional platform for continued growth," Ceon Francis, Branford Castle Vice President.

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