TaylorMade Golf Company, Inc. announced today that its current financial sponsor, KPS Capital Partners has signed a definitive agreement, through an affiliate, to sell TaylorMade Golf Company, Inc., to Centroid Investment Partners, a Seoul, Korea based private equity firm. Financial terms of the transaction were not disclosed.
TaylorMade Golf Sold!
What’s your reaction?
Love0
Sad0
Happy1
Sleepy0
Angry0
Wink0
Rip the bandaid off maybe?
My P790’s would disagree quite strongly with that statement.
Same. Last purchase was an M3 440 9*. Maybe I’m the only one on the planet that hits toe fades and heel hooks, but it did NOT work for me.
Was briefly interested in their 790 irons. Then stopped sucking at contact. Lost interest. Then sucked at contact again, but lost interest.
I’m invested in blade type irons now. I’ll find out if I can hit them soon enough. So far that’s a big negative except certain shots are beautiful.
My R15 430 (longest “regular” driver I’ve ever hit if I did my part) would also.
M1 430 (2016?) was no slouch either, I think I got a slightly dead head on that one and I beat the F out of it until it’s face eventually gave in trying to get my ballspeed up. Lesson? Sometimes a face just isn’t hot, and this was at the tail end of my CHS days before injury and illness. I never hit that anywhere near as good as the R15 430.
Totally agree. Have to think the new firm is building up the brand to sell at a multiple. As you know…we’d need to see the balance sheet. Golf is on a global tear. I don’t follow Callaway stock but it’s a good public reference point for valuation.
Agree market is extremely hot, pandemic business growth and potential fueled this. Not sure on P&L but this has to be high volume business that made sense from a cash EBITA perspective
View attachment 9007505
Honestly that would be great for the game!
Oh man, you’re missing a ton of solid gear since then
Absolutely. Just because they don’t have the marketing power they used to, doesn’t mean they have stinker products top to bottom. Sim Max stuff for example was really good.
We have had a long standing relationship with TaylorMade going back over 12 years. Done many Experiences with them, video shoots and more. We do not expect that to change.