Topgolf Callaway Brands M&A Summary
Topgolf Callaway Brands has acquired 10 companies, including 3 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 3 assets.
Topgolf Callaway Brands’ largest acquisition to date was in 2020, when it acquired Topgolf International for $2.0B. It’s largest disclosed sale occurred in 2025, when it sold Jack Wolfskin & Co. KGaA to ANTA Sports Products for $290M. Topgolf Callaway Brands has acquired in 4 different US states, and 2 countries. The Company’s most targeted sectors include apparel/textiles (34%) and consumer products (23%).
M&A Summary
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M&A Total Activity11
- M&A Buy Activity8
- M&A Sell Activity3
- Total Sectors Invested 5
- Total Countries Invested 2
- M&A Buy/Sell Connections 6