<ul><li>Blue Point Capital Partners, through its portfolio holding company Local Crafts Group, has acquired Jimmy Beans Wool, a specialty crafts retailer and distributor.</li><li>Jimmy Beans Wool is a U.S. and international seller of yarn, knitting and crochet tools, patterns, and accessories.</li><li>Laura Zander will continue as the CEO of Jimmy Beans Wool and has been named Chief Brand Officer of Local Crafts Group.</li><li>This acquisition marks the fifth add-on acquisition for Local Crafts Group, with previous acquisitions including Superior Threads, Quilt Pro Systems, Crafts Americana Group, and Berroco.</li></ul>

Blue Point Closes Fifth Add-On for Local Crafts

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