Creative Edge Master Shop, which was founded by Jim Belilove 30 years ago, has announced a transition of ownership to a chosen buyer, Weaton Capital, which will continue Belilove’s legacy and retain operations in Fairfield, Iowa. The sale includes two other divisions of Creative Edge (ToolKeepers and Resilient Flooring) with Belilove remaining as a principal for four years.
“Nate Weaton is a born-and-bred Iowan and Fairfield resident with deep roots in this community,” says Belilove. “He plans to be involved in daily operations at our factory. While provided the investment capital, he’s not an arms-length investor. Rather, he’s a ‘roll-up-your-sleeves’ investor.”