Huntington Business Credit closed a $12 million new credit facility with Local Crafts Group, LLC on April 4, 2025. Local Crafts Group, LLC is a portfolio company of Cleveland, Ohio-headquartered private equity firm Blue Point Capital Partners. Proceeds of the facility were used to finance an add-on acquisition and provide ongoing working capital financing.
Local Crafts Group, LLC, headquartered in Murray, Utah, is an online distributor and wholesaler in the crafts industry specializing in yarn and quilting.
