1. Home >
  2. M&A >
  3. Going Private >
  4. United States >
  5. Texas >
  6. OMERS Private Equity Acquires Golfsmith

M&A Deal Summary

OMERS Private Equity Acquires Golfsmith

On May 14, 2012, private equity firm OMERS Private Equity acquired retailer Golfsmith

Acquisition Highlights
  • This is OMERS Private Equity’s 2nd transaction in the Retail sector.
  • This is OMERS Private Equity’s 10th transaction in the United States.
  • This is OMERS Private Equity’s 1st transaction in Texas.
Investment Fate
  • Golfsmith went bankrupt in 2016.
  • Golfsmith was sold to a strategic buyer in 2016 for 69M USD.

M&A Deal Summary
Date 2012-05-14
Target Golfsmith
Sector Retail
Buyer(s) OMERS Private Equity
Deal Type Going Private

Target

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.

Search 215,058 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

OMERS Private Equity

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1987
PE ASSETS 27.5B 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 25 of 57
Sector: Retail M&A 2 of 2
Type: Going Private M&A Deals 2 of 3
State: Texas M&A 1 of 4
Country: United States M&A 10 of 30
Year: 2012 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-14 Golf Town

Markham, Ontario, Canada

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.

Sell -
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, Ontario.

Buy -
Mergr

Solution for

Product

Company

Legal