M&A Deal Summary

Modella Capital Acquires HobbyCraft

On August 27, 2024, private equity firm Modella Capital acquired retailer HobbyCraft from Bridgepoint

Acquisition Highlights
  • This is Modella Capital’s 1st transaction in the Retail sector.
  • This is Modella Capital’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2024-08-27
Target HobbyCraft
Sector Retail
Buyer(s) Modella Capital
Sellers(s) Bridgepoint
Deal Type Secondary Buyout

Target

HobbyCraft

Christchurch, United Kingdom
HobbyCraft is an out-of-town art and craft retailer that operates 87 large format stores catering to over 250 pursuits including hobbies such as knitting, needlecraft, modeling, art and paper craft, and an e-commerce platform. HobbyCraft was founded in 1995 and is based in Christchurch, United Kingdom.

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Buyer(S) 1

DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Secondary Buyout) 1 of 1
Country (United Kingdom) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Bridgepoint

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 28.2B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Bridgepoint is a large European private equity firm that invests in middle-market companies across a broad range of industries with an enterprise value of €200 - €1000 million. Prospective transaction situations include buyouts, buy-ins, growth financings, consolidations, and take privates. The firms invest in the range of €75 - €400 million transaction. Bridgepoint Development Capital specializes in investments in businesses valued up to a €150 million, taking equity stakes of between €10 million and €75 million. General sectors of interest include consumer products and services, retail, financial services, healthcare, media, technology, industrials, and business services. Bridgepoint was formed in 1984 and has offices in London, Frankfurt, Luxembourg, Madrid, Milan, Paris, Stockholm and Warsaw.


DEAL STATS #
Overall 109 of 109
Sector (Retail) 8 of 8
Type (Secondary Buyout) 65 of 65
Country (United Kingdom) 50 of 50
Year (2024) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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LumApps is an employee experience platform to unify the modern workforce through better communication, engagement, and instant access to information. Integrated with Google Workspace and Microsoft 365, LumApps intelligently connects people, information, and business applications to empower employees and enhance productivity. LumApps was founded in 2015 and is based in Tassin, France.

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