Spinrite Yarns

Listowel, Canada Founded: 1952 • Age: 74 yrs Acquired By Comvest Partners
Craft yarns are manufactured and distributed by Spinrite Yarns.
Annual revenue - Latest available
Total funding - 2 rounds
Employees 292 Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Spinrite Yarns

Spinrite Yarns is a company based in Listowel (Canada) founded in 1952 was acquired by Comvest Partners in July 2018. The company has 292 employees as of December 31, 2024.

  • Headquarter Listowel, Canada
  • Employees 292 as on 31 Dec, 2024
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Operational Areas
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Key Metrics
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Funding Insights of Spinrite Yarns

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment solutions are provided by NMP Capital to financial sponsors.
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Middle-market private equity investments are managed by TorQuest Partners.
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Private equity and capital solutions are offered by Sentinel.
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Investor details for Spinrite Yarns

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Investments & Acquisitions by Spinrite Yarns

Investments
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Investment portfolio details for Spinrite Yarns

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Financial Statements - Spinrite Yarns

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Detailed financials for Spinrite Yarns

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Spinrite Yarns Comparisons

Spinrite Yarns Primary company
Description
Craft yarns are manufactured and distributed by Spinrite Yar...
Location
Listowel, Canada
Founded Year
1952
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
292
As of 2024
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Peer comparison for Spinrite Yarns

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Competitors of Spinrite Yarns

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Detailed competitors of Spinrite Yarns

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Latest news on Spinrite Yarns

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Complete news archive for Spinrite Yarns

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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 current CEO of Spinrite Yarns.

As of Dec 31, 2024, the latest employee count at Spinrite Yarns is 292.

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.

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