M&A Deal Summary

North Castle Partners Acquires Five Iron Golf

On January 1, 2020, private equity firm North Castle Partners acquired leisure company Five Iron Golf

Acquisition Highlights
  • This is North Castle Partners’ 6th transaction in the Leisure sector.
  • This is North Castle Partners’ 42nd transaction in the United States.
  • This is North Castle Partners’ 8th transaction in New York.

M&A Deal Summary
Date 2020-01-01
Target Five Iron Golf
Sector Leisure
Buyer(s) North Castle Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Five Iron Golf

New York, New York, United States
Five Iron Golf is an urban indoor golf experience that combines a unique mixture of golf, design, and entertainment with the vision of making the game more inclusive and accessible. Five Iron Golf was founded in 2017 and is based in New York City.

Search 201,292 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

North Castle Partners

Greenwich, Connecticut, United States

Investor

Category Private Equity Firm
Founded 1997
Size Middle-Market
Type Sector Focused
DESCRIPTION

North Castle Partners is a specialist private equity firm that targets investments in consumer-driven product and service businesses. North Castle seeks control investments in companies that benefit from consumers looking to live 'healthier' lives as well as businesses that benefit from the baby boomer population. Specific areas of interest include aesthetics and personal care, consumer health, fitness and recreation, home and leisure, and nutrition. North Castle was formed in 1997 and is based in Greenwich, Connecticut.

DEAL STATS #
Overall 44 of 48
Sector (Leisure) 6 of 6
Type (Buyout (LBO, MBO, MBI)) 26 of 26
State (New York) 8 of 10
Country (United States) 42 of 46
Year (2020) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 European Wax Center

Plano, Texas, United States

European Wax Center offers guests a full suite of waxing services, as well as a proprietary line of beauty products in the skincare, body, and brow categories. It is a franchisee with 14 locations across the New York and Massachusetts markets. European Wax Center was founded in 2004 and is based in Plano, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-19 Mynd & Salon

Stamford, Connecticut, United States

Mynd Spa & Salon is an operator of prestige salons and day spas, offering high-end services and premium products at more than 110 salons and day spas located in major cities across the country, including New York, Chicago, San Francisco, Washington, D.C., Dallas and Phoenix.

Sell -
Mergr

Product

Company

Legal