The financial meanderings of the golf business won’t ever be confused with the excitement of a Players Championship, but when one of golf’s leading companies changes hands, it reverberates in its own special way like a eagle-birdie-birdie finish at TPC Sawgrass.
Si Woo Kim won the Players Championship with some timely putting this morning at TPC Sawgrass, using his Scotty Cameron by Titleist 009M to near perfection.
With the news of TaylorMade’s acquisition by private-equity firm KPS Capital Partners, it brings to mind numerous other purchases of equipment companies.
A day after Rory McIlroy signed a long-term deal with the company, TaylorMade is back in the news. In a press release, Adidas AG announced overnight that KPS Capital Partners has purchased the TaylorMade brand for $US425 million.
TaylorMade M1 Driver BY WAY of a new, lower density titanium alloy, called 9-1-1, and an added carbon toe panel that accounts for a total of 43 per cent more carbon composite than its predecessor, the new M1 460’s mass properties have been optimised to deliver optimal launch conditions, more personalisation and increased forgiveness. The Read more…