Premierneedlearts
About Premierneedlearts
Premierneedlearts is a Retail company, and was acquired by Blue Point Capital Partners in December 2014. Needle arts supplies and patterns are offered by Premierneedlearts online. Premierneedlearts has completed 2 acquisitions, including Berroco and Jimmybeanswool. Its focus areas include Consumer Goods and Retailers.
Company details
Premierneedlearts functions as a retailer in the needlework and crafting sector. Products such as threads, fabrics, needles, and instructional patterns are sold through the domain premierneedlearts.com. Operations center on serving hobbyists and professionals engaged in embroidery, knitting, and cross-stitch activities. Inventory is managed digitally, with shipments handled to various locations based on customer orders. The focus remains on essential tools and materials for needle-based crafts.
- Stage Acquired
- SectorsRetail
- Website premierneedlearts.com
- Acquired by Blue Point Capital Partners (Dec 2014)
- Investors
- Investments & AcquisitionsBerroco
& 1 more
- Acquired byBlue Point Capital Partners
(Dec 2014)
Investors in Premierneedlearts
Premierneedlearts has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Blue Point Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blue Point Capital Partners is engaged in private equity investments. | bluepointcapital.com | Cleveland, United States |
Investor details for Premierneedlearts
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Premierneedlearts
12 people are tracked at Premierneedlearts (8 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Matt Petkun | President | Leadership |
Karl Taylor | VP Finance | Leadership |
Mark Hyland | CEO | Leadership |
Caroline Wheelock | Director, Berroco Product Development | Leadership |
Ursula Morgan | CMO, Crafts Group Division | Leadership |
Kara Tripp | VP Operations, DTC & GM Columbus | Leadership |
Brenda Groelz | Director Of Customer Experience | Leadership |
Jan Hurwitz | General Manager – Berroco, Inc. | Leadership |
Warren Wheelock | EVP, Berroco | Team |
Nate Arnesen | SVP Sales & Marketing, Handi Quilter | Team |
Kylie Marinzel | Performance Marketing Manager | Team |
Steven Liu | Search And Affiliate Marketing Manager | Team |
Complete people profiles for Premierneedlearts
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Premierneedlearts
Premierneedlearts has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Berroco and Jimmybeanswool.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Retailer of yarn, knitting, and crochet supplies and kits | jimmybeanswool.com | Reno, United States | 2002 | Apr 2025 | •••• | |
Yarn materials are manufactured by Berroco in the United States. | berroco.com | Smithfield, United States | 1987 | Oct 2021 | •••• |
Complete acquisition details for Premierneedlearts
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Premierneedlearts
3 dated milestones of Premierneedlearts across 11 years, from founding to its latest funding, stage changes and deals.
- Exit Acquired by Blue Point Capital Partners.
- Acquisition Acquires Berroco.
- Acquisition Acquires Jimmybeanswool.
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Frequently Asked Questions about Premierneedlearts
Premierneedlearts functions as a retailer in the needlework and crafting sector. Products such as threads, fabrics, needles, and instructional patterns are sold through the domain premierneedlearts.com. Operations center on serving hobbyists and professionals engaged in embroidery, knitting, and cross-stitch activities. Inventory is managed digitally, with shipments handled to various locations based on customer orders. The focus remains on essential tools and materials for needle-based crafts.
Premierneedlearts has made 2 acquisitions, including Berroco, and Jimmybeanswool.
Premierneedlearts has 1 investor. Key investors include Blue Point Capital Partners.
Yes. Premierneedlearts was acquired by Blue Point Capital Partners in December 2014.