Weaver Leather has been sold to Blue Point Capital Partners
Headquartered in Mt. Hope, Ohio, and founded in 1973, Weaver’s core values, culture and management philosophy have been key to its uninterrupted growth over the past 45+ years. Known for its superior quality and breadth of products, Weaver manufactures, markets and distributes a broad line of branded and non-branded leather, nylon/synthetic, hardware and other products and accessories uniquely designed for its loyal channel partners and end consumers. The company’s domestic manufacturing and distribution operation is strengthened by deep, global supplier partnerships, permitting leading shipping times and order fulfillment. Its customer and supplier partnerships have enabled its history of growth and successful entry into new end markets and product categories.
Jason Weaver, Chief Executive Officer and President of Weaver Leather, commented, “Weaver was founded by my grandfather and has deep personal meaning to myself and the rest of our long-tenured leadership team. Our goal was to find a private equity partner that could not only support our financial and business objectives, but even more importantly, align with our culture and values which have been the key to our success. Lincoln took the time to develop a deep understanding of our rich culture in order to thoughtfully convey our story and lead us to a partner to fit that criteria perfectly. The Lincoln team’s engagement with the day-to-day details of the transaction was critical to our successful outcome. I am excited to partner with the Blue Point team to take Weaver to the next level.”
Lincoln acted as the exclusive investment banking advisor to Weaver Leather, working closely with the company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparation, marketing, due diligence and negotiation phases of the transaction.
Lincoln’s strong understanding of Weaver’s end markets, coupled with their thoughtful advice, proved valuable throughout the process. Their ability to effectively articulate the company’s multi-faceted growth and differentiated business model to buyers was critical to driving a great outcome.
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