JOANN operates hundreds of stores across the US while also running an online business. Now, customers want to know more about the fabric and crafts retail chain and its owner. AlamyJoann is a fabric and crafts company founded in 1943[/caption] Who owns fabric and crafts store Joann? Joann is owned by private equity investment firm Leonard Green & Partners (LGP), which is headquartered in Los Angeles, California. It was founded by Leonard I. Green on January 7, 1989. “Our firm partners with experienced management teams and often with founders to invest in market-leading companies,” the firm’s website states. “We primarily focus on services, including consumer, healthcare
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