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New Deal


Announced

Completed

Troon completed the acquisition of Indigo Golf Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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investment management company

Asset Managers and Custodians

Acquisition

golf management

Completed

Single Bidder

Domestic

Private

Friendly

Majority

United States

Private Equity

Synopsis

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Troon, a professional golf club management company, completed the acquisition of Indigo Golf Partners, a management company with 170 golf courses. Financial terms were not disclosed. “Leaving the industry better than we found it has been a guiding principle of Indigo Golf Partners, and Bob Morris and I hope to have achieved that in our over 30-year history in the industry. Troon aligns with our commitment to quality service and has a complementary course portfolio making it the right company for us to join. We are confident in growth ahead for Indigo and appreciate the dedication and commitment of all team members and partners who have made our great company what it is today," Peter Hill, Indigo Golf Partners Founder.

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