About Spinrite Yarns
Spinrite Yarns is a company based in Listowel (Canada) founded in 1952, and was acquired by Comvest Partners in July 2018. Craft yarns are manufactured and distributed by Spinrite Yarns. The company has 292 employees. Its chief executive, as recorded, is Ryan Newell.
Company details
Spinrite Yarns was established in 1952 in Listowel, Canada, within the textile industry. Operations focus on the production of yarns tailored for crafting applications, with distribution handled through established channels. Facilities are maintained in Canada to support manufacturing processes. The company is led by President and CEO Ryan Newell, overseeing activities in the craft yarn sector.
- Headquarters Listowel, Canada
- Employees 292
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website spinriteyarns.com
- Social LinkedIn X Facebook
- Acquired by Comvest Partners (Jul 2018)
- InvestorsKayne Anderson Capital Advisors
& 5 more
- Employee Count292
- Acquired by
Funding Insights of Spinrite Yarns
- Total Rounds 2
- First Round $28.4M
(Nov 2007)
- Investors Count 2
All 2 funding rounds of Spinrite Yarns with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | Debt – Conventional | – | – | ||
| Nov 2007 | $28.4M | Debt – Conventional | – | – |
6 investors in total: 6 institutional.
Investors in Spinrite Yarns
Spinrite Yarns has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Kayne Anderson Capital Advisors, NMP Capital and TorQuest Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment solutions are provided by NMP Capital to financial sponsors. | nmp.com | Minneapolis, United States | ||
Middle-market private equity investments are managed by TorQuest Partners. | torquest.com | Toronto, Canada | ||
Private equity and capital solutions are offered by Sentinel. | sentinelpartners.com | New York, United States | ||
Private equity and credit investment services for North American middle-market companies. | comvest.com | |||
| kaynecapital.com | ||||
Invests in and advises retail and consumer companies through management operations. | 2015 | jwlmp.com | New York, United States |
Investor details for Spinrite Yarns
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Spinrite Yarns
1 people are tracked at Spinrite Yarns (1 in leadership); the tracked headcount is 292.
| Name | Role | Group |
|---|---|---|
Ryan Newell | President & CEO | Leadership |
Complete people profiles for Spinrite Yarns
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.
Timeline of Spinrite Yarns
6 dated milestones of Spinrite Yarns across 66 years, from founding to its latest funding, stage changes and deals.
- Founded Spinrite Yarns is founded.
- Exit Acquired by Sentinel Capital Partners.
- Funding First funding round of $28.4M.
- Exit Acquired by TorQuest Partners.
- Funding Latest funding round, Debt – Conventional,.
- Exit Acquired by Comvest Partners.
Web traffic of Spinrite Yarns
The website of Spinrite Yarns (spinriteyarns.com) receives about 3.1K visits a month.
- Monthly visits3.1K
▼ 28.2% vs previous month
Websites whose visitors overlap most with Spinrite Yarns. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
madeirausa.com | madeirausa.com | 100% | #290,802 | – | |
| vreseis.com | 100% | #2,878,453 | View details | ||
yarnfactoryoutlet.com | yarnfactoryoutlet.com | 28% | #9,054,963 | – |
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Frequently Asked Questions about Spinrite Yarns
Spinrite Yarns was founded in 1952 and raised its 1st funding round 55 years after it was founded.
Spinrite Yarns is headquartered in Listowel, Canada. It is registered at Listowel, Ontario, Canada.
Ryan Newell is the CEO of Spinrite Yarns, as recorded in our data.
Spinrite Yarns has 292 employees.
Spinrite Yarns was established in 1952 in Listowel, Canada, within the textile industry. Operations focus on the production of yarns tailored for crafting applications, with distribution handled through established channels. Facilities are maintained in Canada to support manufacturing processes. The company is led by President and CEO Ryan Newell, overseeing activities in the craft yarn sector.
Spinrite Yarns has 6 investors. Key investors include Kayne Anderson Capital Advisors, NMP Capital, TorQuest Partners, Sentinel Capital Partners, and Comvest Partners.
Yes. Spinrite Yarns was acquired by Comvest Partners in July 2018.