Jo-Ann Stores LLC

Jo-Ann Stores LLC

Jo-Ann Stores LLC

Overview
Date Founded

1951

Headquarters

5555 Darrow Road,Hudson, OH 44236

Type of Company

Private

Employees (Worldwide)

23K

Industries

Retail: Other
Consumer Services
Internet Software & Services
Pension Funds & Sovereign Wealth

Company Description

Jo-Ann Stores LLC operates as a fabric and craft specialty retailer. It offers products for apparel, craft and home decor sewing and quilting, as well as a range of components, tools and kits for crafters of all ages. The company was founded in 1943 and is headquartered in Hudson, OH.

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Executives & Employees

President, Chief Executive Officer, Director & General Counsel

Executive Director

Chief Financial Officer

Chief Information Officer

Executive Vice President, Chief Merchandising Officer

Vice President & Controller

Director Purchasing

Director

Director of Information Technology

Board of Directors

President, Chief Executive Officer, Director & General Counsel at Jo-Ann Stores LLC

Former Chief Executive Officer at Jo-Ann Stores LLC

Chief Executive Officer & Director at Crescent Acquisition Corp.

Chairman & Chief Executive Officer at AB Acquisition LLC

Partner at Leonard Green & Partners LP

Paths to Jo-Ann Stores LLC
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Jo-Ann Stores LLC
Recent Transactions
Details Hidden

Leonard Green & Partners LP, Jo-Ann Stores LLC purchase Creativebug LLC from The Chernin Group LLC

Details Hidden

Leonard Green & Partners LP purchases Jo-Ann Stores LLC

Details Hidden

Jo-Ann Stores LLC purchases IdeaForest.com, Inc. from North Castle Partners LLC, AllegisCyber, Rustic Canyon Partners

Transaction Advisors
Legal Advisor

Advised onLeonard Green & Partners LP purchases Jo-Ann Stores LLC

Accountant

Advised onJo-Ann Stores LLC purchases House of Fabrics, Inc.

Investment Advisor

Advised onLeonard Green & Partners LP purchases Jo-Ann Stores LLC

Investment Advisor

Advised onLeonard Green & Partners LP purchases Jo-Ann Stores LLC

Co-Founder

Advised onLeonard Green & Partners LP purchases Jo-Ann Stores LLC

Legal Advisor

Advised onLeonard Green & Partners LP purchases Jo-Ann Stores LLC

Advisors & Consultants
Real Estate Agent

Managing Director at Newmark Knight Frank

Legal Advisor

Managing Partner at Bowman and Brooke LLP

Key Stats and Financials As of 2019
Market Capitalization
Total Enterprise Value
Earnings Per Share
Revenue
$2.75B
Non-Profit Donations & Grants
Investments
Details Hidden

IdeaForest.com, Inc. provided ecommerce and direct marketing solutions to retailers, distributors, and manufacturers. It offered ecommerce, direct marketing, sourcing, order fulfillment, and customer services. The company was founded in 1999 and was headquartered in El Segundo, CA.

Investors
Details Hidden

Crescent Capital Group is one of the leading independent global providers of mezzanine capital. The firm has expertise in providing junior debt capital, primarily to fund shareholder transitions on behalf of private equity firms. They seek is to provide investors with substantial current income and capital appreciation by investing in a diversified portfolio of mezzanine securities. Investments generally take the form of private debt securities with equity participation in connection with buyouts, recapitalizations and refinancings.

Details Hidden

Leonard Green & Partners invests in established companies that are leaders in their markets. The firm focuses primarily on the consumer & business services, consumer products, distribution, financial, healthcare and retail sectors. They invest in companies in the form of buyouts, going-private transactions, recapitalizations, growth capital investments and corporate carve-outs. They selectively makes public equity and debt investments.

Suppliers
Coupa Software, Inc. Accounting & Financial Services | San Mateo, CA

Coupa Software, Inc. engages in providing business spend management (BSM) solutions. It offers cloud-based BSM platform that delivers a broad range of capabilities that would typically require the purchase and use of multiple disparate point applications. Its platform consists of procurement, invoicing, expense management and payments modules that form the transactional engine for managing a company's business spend. The company was founded by Noah Eisner and Dave Stephens in 2006 and is headquartered in San Mateo, CA.

Oracle Corp. Internet Software & Services | Redwood Shores, CA

Oracle Corporation is an American multinational computer technology corporation headquartered in Redwood Shores, California. The company specializes primarily in developing and marketing database software and technology, cloud engineered systems, and enterprise software products — particularly its own brands of database management systems. In 2018, Oracle was the third-largest software maker by revenue, after Microsoft and Alphabet. The company also develops and builds tools for database development and systems of middle-tier software, enterprise resource planning (ERP) software, customer relationship management (CRM) software, and supply chain management (SCM) software.

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