Associated tags: Golf, General Sports, Sports, Retail, Professional Services, Kinzie, Specialty, Other Retail, Finance, Banking, Clarity Partners, Financial services, Trimaran Capital Partners, GT, SC, CIBC, Consumer, Other Consumer, Luxury, Men
Retrieved on:
Monday, December 18, 2023
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Kinzie GT Golf Supplies, Inc. (“GT Golf”), a leading wholesale golf distributor, today announced the acquisition of The ProActive Sports Group (“ProActive”), a national golf accessories and products provider.
Key Points:
- GT Golf Supplies, Inc. (“GT Golf”), a leading wholesale golf distributor, today announced the acquisition of The ProActive Sports Group (“ProActive”), a national golf accessories and products provider.
- The acquisition will expand GT Golf’s position as the largest golf accessories distributor in the U.S. with the broadest selection of golf products, a nation-wide presence anchored by four distribution centers, a preeminent distribution salesforce for golf products for retailers and golf courses as well as a robust e-commerce offering.
- GT Golf is thrilled to welcome ProActive to our team.”
GT Golf currently has offices in South Carolina, Texas and California and will be adding ProActive’s facility in Oregon as a fourth distribution center to better serve the Pacific Northwest.
- “Acquiring ProActive will add exclusive proprietary products and key customers while materially increasing the overall size of the platform.”
Litwin Kach served as the exclusive legal advisor to GT Golf Supplies, Inc. on this transaction.
Retrieved on:
Wednesday, January 11, 2023
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Kinzie Kinzie Capital Partners LP (“Kinzie”), a Chicago-based private equity firm, announced that through an affiliated entity it has acquired GT Golf Holdings, Inc. (“GT Golf” or the “Company”), headquartered in Vista, CA with additional locations in Fort Worth, TX and Mount Pleasant, SC.
Key Points:
- Kinzie Capital Partners LP (“Kinzie”), a Chicago-based private equity firm, announced that through an affiliated entity it has acquired GT Golf Holdings, Inc. (“GT Golf” or the “Company”), headquartered in Vista, CA with additional locations in Fort Worth, TX and Mount Pleasant, SC.
- GT Golf was founded in 1995 and offers a wide breadth of consumable products, including golf grips, accessories and tees, sourcing more than 3,000 SKUs from over 150 vendors in addition to 300 Company-owned proprietary products.
- “We are thrilled to partner with Kinzie as we move into our next phase of growth and innovation,” said Brian Van De Veere, President of GT Golf.
- “Brian, Gary and Patrick’s commitment to expanding the business, coupled with the rapid growth of the fragmented golf supply market, provides a strong opportunity for Kinzie to enter this attractive market,” said Suzanne Yoon, Founder and Managing Partner of Kinzie Capital Partners.
