Transaction Overview
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Sorenson Capital has acquired a controlling interest in Provo Craft
About the Seller
The Spanish Fork-based business operates 10 retail centers in Utah and Idaho under the Roberts Arts & Crafts name. The company employs roughly 800 people statewide and is a wholesale creator, designer and supplier of scrapbooking supplies, home decor and general craft items to national and international outlets.
About the Buyer
Sorenson Capital is a U.S.-Based, growth-focused investment firm with more than $1 billion in capital under management. Comprised of seasoned entrepreneurs, industry executives, and investment veterans, Sorenson Capital is prepared to meet the complex growth needs of your business.
https://www.deseretnews.com/article/600136975/Fund-invests-in-Provo-Craft.html
28+
$1B+
Global
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