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Is AccuQuilt going out of business

Is AccuQuilt going out of business?

If you like to keep updated within the business world then you may interested to know about “Is AccuQuilt going out of business.” in this article, I will give you information about it. So, read this article from start to end to get useful information about it.

What is AccuQuilt?

AccuQuilt is a company that is popular for producing a range of fabric-cutting tools and accessories to use for quilting, sewing, and other fabric crafts. The company is situated in Omaha, Nebraska, United States of America. Steve and Nabity founded the company in 2008.

The major products of this company include fabric cutters tools, dies that are metal templates used to cut fabric and other equipment, which makes fabric cutting faster and more accurate. Quilters and fabric crafters used their products to cut fabric to give it a precise shape, which is then used in quilts, home décor items, and other fabric-based things.

This company is known for its unique products designed and manufactured using the technology. The products of this company are popular among fabric crafters and quilters around the world.

Is AccuQuilt going out of business?

This question arises in people’s minds when they hear the news that AccuQuilt, which is a division of TekBrands, is got by a private equity firm WILsquare Capital.

AccuQuilt, which is a company that designed and manufactured fabric cutting tools and machines, has been acquired by a private firm “WILsquare Capital” which is a St.Louis-based firm. This was announced by the parent company of AccuQuilt, TekBrands in the few past days.

AccuQuilt is a division of TekBrands that was co-founded by Steve and Nabity in 1990 in Omaha, Nebraska, US. The CEO of TekBrands, Mary Kay stated that he and the leadership team are pleased to collaborate with a private equity firm “WILsquare.”

Additionally, he said that they immediately knew that they were their best partner and it helps them to take their firm to the next level. The culture and working system of WILsquare fit with TekBrands and they are excited to work with each other.

TekBrands’ division companies AccuQuilt and Accucut brands provide quilting and constructing enthusiasts the tools that make their work faster, more accurate, and safer. They provide cutting fabric solutions that make fabric cutting faster, more efficient, and more accurate.

The director at WILsquare Capital, Andrew Scharf also gave his views about the partnership with AccuQuilt. He stated that the Midwestern values and different cultures of nonstop improvements at TekBrands resonate strongly with his firm.

Is AccuQuilt going out of business
Is AccuQuilt going out of business

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