TorQuest sustains brisk deal pace with sale of Spinrite to Comvest
TorQuest Partners has sold yarn business Spinrite, capping an especially busy season of exits and acquisitions for the private equity firm. The Toronto investor this week announced the sale of its majority interest in Spinrite, North America’s largest consumer craft yarn maker, to Comvest Partners. Terms weren’t disclosed. Based in Listowel, Ontario, Spinrite produces tens of millions of yarn balls annually for a growing population of knitters and crocheters.
3 July 2018•3 mins read
