Hobbycraft

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: Undisclosed
• Sector: Consumer Goods & Retail
• Advisor: N/A
• Key Entities: Modella Capital (Acquirer), Hobbycraft (Target)
• Location: United Kingdom

Note: 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.