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New Deal


Announced

Completed

Röko completed the acquisition of an 80% stake in Golf Experten.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

golf equipments

Private Equity

Denmark

Acquisition

Cross Border

Single Bidder

Private

Specialty Retailers

Majority

Friendly

Synopsis

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Röko, an investment company, completed the acquisition of an 80% stake in Golf Experten, a retailer of golf equipment, apparel and clothing. Kim Johansen, Golf Experten founder, together with Kim Jacobsen and Michael Christiansen, will retain 20% of the shares. Financial terms were not disclosed. Golf Experten operates with a strong omnichannel-approach, which ensures that customers can get what they want, when they want it. This approach contributes to a very high level of customer loyalty and customer satisfaction, which is supported by loyalty programs, a comprehensive customer club with more than 80k members, and finally professionally trained staff across their retail stores.

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