M&A Deal Summary

GolfTEC Intellectual Property Acquires SkyTrak

On August 10, 2022, GolfTEC Intellectual Property acquired information technology company SkyTrak

Acquisition Highlights
  • This is GolfTEC Intellectual Property’s 1st transaction in the Information Technology sector.
  • This is GolfTEC Intellectual Property’s 1st transaction in the United States.
  • This is GolfTEC Intellectual Property’s 1st transaction in Mississippi.

M&A Deal Summary
Date 2022-08-10
Target SkyTrak
Sector Information Technology
Buyer(s) GolfTEC Intellectual Property
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking (Financial)

Target

SkyTrak

Ridgeland, Mississippi, United States
SkyTrak provides golfers of all skill levels accurate, real-time feedback making it a complete practice, play and entertainment system. SkyTrak is based in Ridgeland, Mississippi.

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Buyer(S) 1

Buyer

GolfTEC Intellectual Property

Englewood, Colorado, United States
Category Company
Founded 1995
Sector Consumer Services
DESCRIPTION

GolfTEC Intellectual Property LLC is a provider of premium golf lessons and club fittings. GolfTEC company combines the skills of PGA teaching professionals with a patented blend of video, motion analysis, launch analysis and biofeedback technology aimed at helping golfers improve their golf skills and, ultimately, derive more enjoyment from the game. GolfTEC Intellectual Property was founded in 1995 and is based in Englewood, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Mississippi) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

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