TaylorMade is a leading global manufacturer of golf equipment, balls, bags and accessories

CARLSBAD, California (May 23, 2021) — TaylorMade Golf Company, Inc. announced recently 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.

Established in 1979, TaylorMade is a leading global manufacturer of golf equipment, balls, bags and accessories with a #1 or #2 market position in most of its key categories and markets. 

For over 40 years, TaylorMade has brought innovative, high performance product technologies to golfers worldwide and has an unrivaled portfolio of athletes across the global tours including world No. 1 Dustin Johnson, Tiger Woods, Rory McIlroy, Tommy Fleetwood, Collin Morikawa, Rickie Fowler, Matthew Wolff, SH Park, Charley Hull, Maria Fassi and Sierra Brooks.

After KPS acquired TaylorMade in 2017 from adidas, the company has transformed into a fully independent, golf equipment and golf ball company and has experienced the highest key product and market growth rates in the industry. 

TaylorMade invested heavily in industry leading technologies, introduced revolutionary performance advances in equipment, achieved significant market share growth in golf balls, built new manufacturing and distribution facilities, and successfully refocused its marketing strategy, including the expansive build-out of one of the most advanced digital platforms in the business.

Since 2017, TaylorMade has experienced substantial growth in revenue and profitability worldwide and is positioned in 2021 to have the strongest year in its history under the leadership of David Abeles, CEO of TaylorMade Golf, and its wider management team.

Paul Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel and Morgan Stanley & Co. LLC and Allen & Co. LLC served as financial advisors to TaylorMade. Completion of the transaction is subject to customary closing conditions and approvals.

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