Caron International

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Caron International - overview

Location

Washington, NC, US

Primary Industry

Internet

About

Caron International specializes in high-quality yarn products for knitting and crocheting, providing a range of options that cater to crafters of all skill levels. Caron International is a brand under Yarnspirations, offering a variety of yarn products. The company was acquired by Spinrite Income Fund, a portfolio company of Sentinel Capital Partners, from National Spinning Company in December 2011. Its headquarters are located in Washington, US.


Caron Yarn, a key brand within Yarnspirations, offers a wide array of high-quality yarns designed for knitting and crocheting. The selection includes acrylic and cotton yarns, such as Caron Simply Soft, Caron One Pound, and the recently launched Caron All Day Cotton. These products cater to various crafting needs, ranging from garments to home décor items, reaching a global market that includes the United States, Canada, and other select regions. Caron Yarn generates revenue through direct-to-consumer sales and partnerships with retailers and wholesalers.


Customers buy products primarily from the brand’s online store or through various retail outlets. The pricing is aligned with the quality of the yarns, notable products like Caron Simply Soft and Caron One Pound form a significant part of the revenue, supported by promotional strategies that encourage customer engagement. Caron International plans to introduce new yarn products in the upcoming year, expanding its product line to attract a wider customer base. The company is targeting expansion into new geographic markets, specifically in Europe and Asia, by the end of 2022.


The recent acquisition funding will aid these growth initiatives, enhancing product development and market reach.


Current Investors

Spinrite Yarns Online Inc.

Primary Industry

Internet

Sub Industries

Web Applications

Website

www.caron.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Caron International - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCaron International-

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