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  6. Troon Acquires appliedgolf

M&A Deal Summary

Troon Acquires appliedgolf

On July 6, 2023, Troon acquired leisure company appliedgolf

Acquisition Highlights
  • This is Troon’s 5th transaction in the Leisure sector.
  • This is Troon’s 6th transaction in the United States.
  • This is Troon’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2023-07-06
Target appliedgolf
Sector Leisure
Buyer(s) Troon
Deal Type Add-on Acquisition

Target

appliedgolf

Millstone Township, New Jersey, United States
appliedgolf is a full-service golf & hospitality management company providing customized solutions for Public and Municipal courses as well as Semi-Private and Private Clubs. The company manages, leases, and owns properties to provide guidance and direction to golf course owners and operators. appliedgolf was formed in 2006 and is based in Millstone Township, New Jersey.

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Buyer(S) 1

Buyer

Troon

Scottsdale, Arizona, United States
Category Company
Founded 1990
Sector Leisure
DESCRIPTION

Troon is a golf and club-related leisure and hospitality services company, providing a variety of services at 620-plus locations around the globe, including managing 640-plus 18-hole equivalent golf courses. Troon was founded in 1990 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 6 of 6
Sector: Leisure M&A 5 of 5
Type: Add-on Acquisition M&A Deals 6 of 6
State: New Jersey M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-27 ClubUp

Charlotte, North Carolina, United States

ClubUp is an operator of a golf technology and service company that currently caters to 65 golf clubs and resorts operating caddie programs domestically and internationally. ClubUp is based in Charlotte, North Carolina.

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