Bandera Partners increased its stake after securing Board seat in Tandy Leather Factory

Key Summary: In February 2014, Bandera Partners (28%) gained a board seat through mutual agreement and increased its stake to 33.2% on February 5, 2021. JCP Investment Management disclosed a 7.3% stake on March 23, 2017, with James C. Pappas serving on the board, and later increased its stake to 8.9% on May 9, 2018, and 9.4% on December 6, 2018.

Market Cap: $34 million | Tandy Leather Factory, Inc. is a retailer and a wholesale distributor of a Bandera Partners increased its stake after securing Board seat in Tandy Leather Factory range of leather and related products. The Company's products include leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. 

Bandera Partners

  • In February 2014, Bandera Partners (28%) gained one Board seat through mutual agreement. Source
  • On February 5, 2021, Bandera Partners increased its stake to 33.2%.

JCP Investment Management

  • On March 23, 2017, JCP Investment Management disclosed 7.3% stating that James C. Pappas, managing member of JCP Management serves on the Board.
  • On May 9, 2018, JCP Investment Management increased its stake to 8.9%.
  • On December 6, 2018, JCP Investment Management increased its stake to 9.4%.

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