Topgolf is an owner and operator of high-end sports entertainment facilities built around a golf driving range concept. Topgolf merged with Callaway Golf Company in 2021.
Image
Body
Sectors
Media
Geography
North America
Investment Date
Status
Active
Investment Team
Board Members
Scott Marimow
Managing Director
Team
Byron Scott
Principal
Ellen Bao
Associate
Callaway and Topgolf are just better together. Callaway’s leadership in the global golf equipment market and geographic diversity, combined with Topgolf’s revolutionary technology platform and access to golfers of all abilities, will allow both companies to accelerate growth and create competitive advantages. This transformational merger has already created and will continue to create meaningful shareholder value. We are very excited to begin this next chapter and I cannot wait to see what we can accomplish together."
Chip Brewer, President and Chief Executive Officer, Callaway
*This statement was provided by Chip Brewer while serving as the President and CEO of Topgolf Callaway Brands, which is a portfolio company of certain investment vehicles advised by Providence. Mr. Brewer was not compensated for providing this statement. Providence may have certain discretion or influence over the compensation or other benefits of portfolio company executives, and such compensation or benefits could incentivize such executives to provide favorable evaluations of their experiences working with Providence. Mr. Brewer was not an investor at the time the statement was made nor is he a current investor in any strategies sponsored by Providence.