short-right-arrow logoMobile media-pie 1 7 % share download email linkedin round-download

Privacy Preference Centre

Your Privacy

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. We use two types of cookies on our website: cookies which are necessary for this website to function and analytics cookies. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Cookies used

  • CookieNotice
  • CookieAnalytics

Analytics Cookies

These are Google Analytics cookies which allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site and social media platforms All information these cookies collect is aggregated and therefore anonymous. This cookie is defaulted to ‘Active’, which means we will be able to track, on any anonymous basis, how many visitors we have to our site, and monitor its performance. If you wish to turn them off you can do so by unticking ‘Active’ and clicking ‘Save and Accept Cookies’. For more information on how these cookies work, including a link through to the Google Privacy Policy which sets out further information about data which Google may collect in the course of providing us with Analytics.

Cookies used

  • _ga

Targeting Cookies

We use necessary cookies to make our site work. We also use analytics cookies which collect information about how visitors use our website and help us to improve it; these are defaulted to ‘Active’, if you wish to turn them off you can do so through the Cookie Settings. Please be aware that by blocking some types of cookies it may impact your experience of the site and the services we are able to offer. For more information about any of these cookies and our use of them, or to change your settings at any time, please see Cookie Settings and our Cookies Policy.

Bridgepoint in the News

29 April 2010

HobbyCraft acquired by Bridgepoint

HobbyCraft, the UK’s leading out-of-town art and craft retailer, has been acquired by Bridgepoint in a management buyout for an undisclosed sum.

Founded in 1995, HobbyCraft has 47 out of town stores throughout the UK and is the first national arts and crafts retailer to cater for more than 250 different activities all under one roof. It appeals to both children and adults alike, providing a breadth and range of hobbies unmatched by its competitors.

Chris Crombie, CEO of HobbyCraft, believes that with this deal, the company will be able to accelerate its expansion plans and will benefit from the funding and focus an experienced investor in the specialist retail market such as Bridgepoint will bring.

He said: "We have always been very ambitious for HobbyCraft and have developed the business to become the leading specialist in its field, but there is significant growth capacity and roll-out potential yet to come which we look forward to achieving in the next five years and beyond."

The arts and crafts market in the UK is estimated to be a £2 billion marketplace comprising a range of operators from specialist independents serving a single activity to large generalists carrying limited ranges of products. HobbyCraft, as the leading player in the space, carries over 35,000 products.

Jason McGibbon, who leads Bridgepoint's investment activities in the consumer sector, believes that HobbyCraft has many of the features required to make it a compelling specialist retail opportunity, with a growth trajectory ahead of many of its retail peers.

"HobbyCraft is a quality business with great potential. We have tracked its progress for some time and believe that there is now significant scope for the business not only to grow through further rollout in the UK and development of its store format but also to create a significant multi-channel online presence." he said.

Advisers involved in this transaction include: for Bridgepoint - Deloitte (financial & tax), Travers Smith (legal), Circus (commercial), ERM (environmental), Marsh (insurance), Harvey Spack Field (property); for management - Argyll Partners (corporate finance), Allen & Overy (legal); for vendor - Grant Thornton (corporate finance), Lamport Bassitt (legal), KPMG (vendor due diligence), Javelin (commercial due diligence).


Contact us

If you are interested in working for Bridgepoint, please complete the form below.


Investor reports registration

To access investor reports through the web based reporting facility, please fill in the form to register for an account.

The information submitted on this form will be used for the sole purpose of registering you as an account user and will not be shared with third parties.


Request a copy of The Point

Mandatory fields are marked as (required*)