Fresno, CA — Duncan Enterprises ("Duncan" or the "Company"), a leading arts and crafts company, has been acquired by The Dyson-Kissner-Moran Corporation ("DKM"), a private investment company. Legacy FocalPoint Partners, now B. Riley Securities ("B. Riley") served as exclusive financial advisor to Duncan Enterprises.
The business, which has been rebranded to "iLoveToCreate", is located in Fresno, California. iLoveToCreate is the leader in do-it-yourself crafting for tie-dye, fabric paint, adhesives, and spray paint projects with brand names such as Tulip, Aleene's, ColorShot, Scribbles, and Puffy. iLoveToCreate products are available in big box retailers such as Walmart and Target, craft retail chains such as Michaels, JOANN, and Hobby Lobby, and online at Amazon.com and Walmart.com. iLoveToCreate was established in 1946 and has evolved into one of the major suppliers to the craft industry creating products for crafters worldwide.
"This is a wonderful opportunity for iLoveToCreate to continue its leadership position in the industry and, with the resources of DKM, to bring new and exciting creative lifestyle products for the whole family to enjoy," said President and CEO Larry Hermansen, who will continue to lead the Company.
Rob Dyson, Chairman and CEO of DKM, said, "Along with Plaid Enterprises ("Plaid"), a long time holding of DKM, the acquisition of iLoveToCreate extends our commitment to the craft industry. With their iconic brands, both companies have consistently created products and projects that are easy to use and fun to make for people of all ages. We look forward to assisting Larry and his team in taking iLoveToCreate to the next level."
About iLoveToCreate
What began in 1946 as a small startup in the Duncan family's garage is today a thriving international business with the same close-knit, family-owned vibes the Company was founded on. iLoveToCreate's dedication to our team and our adaptability to change has evolved the Company from the garage to selling creative lifestyle products in every state in the U.S. and 35 other countries. Today iLoveToCreate is one of the largest providers of crafting adhesives and fashion art in the world with its ongoing reputation for excellence in product development, quality, education, and health and safety. To learn more, visit www.ilovetocreate.com.
About Plaid
In 1976, Plaid founder David Cunningham set out to "create a diversified, yet synergistic company that would provide the most complete, comprehensive programs available to market and sell craft products." Today, Plaid is the industry's leading small batch paint manufacturer, producing all USA-made paint in facilities located outside of Atlanta, Georgia. The company continued to evolve with the craft industry, developing products in tune with trends—stenciling, faux finishes, fashion, glass crafts—and reaching out to new artists and markets, including home improvement. Notable brands in Plaid's portfolio include FolkArt, Gallery Glass, One Stroke, and one of the industry's best known, Mod Podge, a favorite since 1967. In 1996, Bucilla, the nation's needlecrafts leader, was added to the Plaid portfolio. To learn more, visit www.plaidonline.com.
About The Dyson-Kissner-Moran Corporation
DKM has holdings in the craft, aluminum, semiconductor and recreational vehicle industries. DKM's strength is developing family businesses, with solid entrepreneurial management teams, into powerhouse competitors in their field of expertise through a concentration on customer service, product innovation, improved productivity, and strategically deployed capital. To learn more, visit www.dkmcorp.com.
B. Riley Securities is a leading investment bank that provides a full suite of investment banking, corporate finance, advisory, research, and sales and trading services. Investment banking services include initial, secondary, and follow-on offerings, institutional private placements, merger and acquisition (M&A) advisory, SPACs, corporate restructuring, and recapitalization. The firm is nationally recognized and highly ranked for its proprietary small-cap equity research. B. Riley Securities is a wholly owned subsidiary of B. Riley Financial. For more information, visit brileysecurities.com.