Centroid Investment to acquire TaylorMade Golf Company from KPS Capital Partners for $1.6bn.

Centroid Investment, a Seoul-based private equity firm, agreed to acquire TaylorMade Golf Company, a provider of sporting and athletic goods, from KPS Capital Partners, an investment company, for $1.6bn. “TaylorMade Golf is a transformational investment for Centroid. We were very excited to have the opportunity to invest in a global leader in golf. The industry is currently experiencing high demand, increased participation with strong long-term opportunities around the world. TaylorMade is an iconic brand with continued momentum across the key golf equipment categories and regions, especially the Korean and wider Asian markets," Jinhyeok Jeong, Centroid Investment Founder and CEO.