Hobbycraft

Acquirer: Modella Capital

Modella Capital, a private equity firm, acquired Hobbycraft, the UK’s largest craft retailer, in August 2024 for an undisclosed sum, subsequently leading it through a successful restructuring process.Summary of transaction details:Value: UndisclosedSector: Consumer Goods & RetailAdvisor: N/AKey Entities: Modella Capital (Acquirer), Hobbycraft (Target)Location: United KingdomNote: This acquisition represents Modella Capital's continued investment in the high street retail sector, focusing on companies with strong operational fundamentals and growth potential, even within a challenging economic environment for retailers.