M&A Deal Summary

Golfsmith Acquires Golf Town

On May 14, 2012, Golfsmith acquired retailer Golf Town from OMERS Private Equity

Acquisition Highlights
  • This is Golfsmith’s 1st transaction in the Retail sector.
  • This is Golfsmith’s 1st transaction in Canada.
  • This is Golfsmith’s 1st transaction in Ontario.

M&A Deal Summary

Date 2012-05-14
Target Golf Town
Sector Retail
Buyer(s) Golfsmith
Sellers(s) OMERS Private Equity
Deal Type Merger

Target

Golf Town

Markham, Ontario, Canada
website
Golf Town is a retailer of golf merchandise. it now operates 32 stores across Canada employing some 1,200 people in the provinces of Ontario, British Columbia, Alberta, Manitoba, Quebec and Nova Scotia. Golf Town offers products from the leading international manufacturers together with teaching academies, golf simulators and pro shop services. As well, Golf Town provides fast, reliable logo?ing services on this wide range of brand name apparel, equipment, balls and more for corporate tournaments and events.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Golfsmith

Austin, Texas, United States

website


Category Company
Founded 1967
Sector Retail
DESCRIPTION

Golfsmith is a specialty retailer of golf equipment and related accessories in the industry and is an established designer and marketer of golf equipment. Golfsmith offers equipment from leading manufactures such as Callaway, Cobra, Footjoy, Nike, Ping, Taylor Made, and Titleist in addition to proprietary brands Golfsmith, Lynx, Snake Eyes, and Killer Bee. The Company markets its products through 42 superstores as well as through its direct-to-consumer channel, which includes clubmaking and accessory catalogs and an Internet site.


DEAL STATS #
Overall 2 of 2
Sector (Retail) 1 of 1
Type (Merger) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-20 MacGregor Golf

Albany, Georgia, United States

MacGregor Golf, one of the oldest golf companies in the world, has a storied 113-year history filled with innovation and PGA Tour success including 59 major championships. MacGregor Golf uses state of the art, advanced technologies to create golf equipment that makes the game easier and more fun for all golfers. Drivers, fairway woods, hybrid utility clubs, irons, wedges, putters, golf bags, golf gloves, golf balls and other accessories are marketed under the MacGregor Golf brand name.

Buy -

Seller(S) 1

SELLER

OMERS Private Equity

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1987
PE ASSETS 19.8B CAD
Size Mega
Type Sector Agnostic
DESCRIPTION

OMERS Private Equity, Inc. is the private equity arm of the Ontario Municipal Employees Retirement System. OMERS invests in buyout, venture, and mezzanine funds as well as makes direct private equity investments in North American companies with and enterprise value of $200 million to 1.5 billion. Target sectors include manufacturing, financial and business services, industrial and consumer products, transportation, and technology. OMERS Private Equity was formed in 1987 and is based in Toronto, Ontario.


DEAL STATS #
Overall 3 of 28
Sector (Retail) 1 of 2
Type (Merger) 1 of 1
State (Ontario) 2 of 8
Country (Canada) 3 of 10
Year (2012) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-14 Golfsmith

Austin, Texas, United States

Golfsmith is a specialty retailer of golf equipment and related accessories in the industry and is an established designer and marketer of golf equipment. Golfsmith offers equipment from leading manufactures such as Callaway, Cobra, Footjoy, Nike, Ping, Taylor Made, and Titleist in addition to proprietary brands Golfsmith, Lynx, Snake Eyes, and Killer Bee. The Company markets its products through 42 superstores as well as through its direct-to-consumer channel, which includes clubmaking and accessory catalogs and an Internet site.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-18 Constellation Software

Toronto, Ontario, Canada

Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions to address the specific needs of its customers in those industries. Constellation Software was founded in 1995 and is based in Toronto, Canada.

Buy -