TaylorMade Could Have a New Owner Soon
Centroid Investment Partners, the South Korean private equity firm that acquired TaylorMade in 2021, has begun the process of selling its stake in the brand. The Korean Economic Daily first reported the news. And while details remain limited, the move reflects strong investor interest as golf continues to ride a post-pandemic wave. TaylorMade has undoubtedly capitalized on this momentum in years, matching its expertise in drivers and fairways woods alongside sharp branding and tongue-in-cheek campaigns (remember that Christmas shoot?).
Since Centroid's acquisition, TaylorMade has grown steadily, posting an average annual growth rate of over 10% in net sales and more than 15% in EBITDA (earnings before interest, taxes, depreciation, and amortization), according to reports. The company has also expanded its influence, launching theSun Day Redapparel line alongsideTiger Woodsearlier this year and continuing to be the club of choice for some of the top players in the world like Scheffler, McIlroy, Korda and Collin Morikawa.
With its mix of elite performance, cultural relevance and global momentum, TaylorMade remains one of the most desirable brands in golf. Whether the ownership shifts behind the scenes or not, the company's trajectory or public facing image show no sign of changing.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNBC
6 hours ago
- CNBC
Samsung Electronics signs $16.5 billion chip-supply contract; shares rise
Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors, a regulatory filing showed Monday. Samsung shares were up more than 2% in early trading. The South Korean memory chipmaker did not name the counterparty. It did not immediately respond to a request for comment on the contract.
USA Today
8 hours ago
- USA Today
Winner's Bag: Kurt Kitayama, 2025 3M Open
A complete list of the golf equipment Kurt Kitayama used to win the PGA Tour's 2025 3M Open. A complete list of the golf equipment Kurt Kitayama used to win the PGA Tour's 2025 3M Open: DRIVER: Titleist GT3 (11 degrees), with Graphite Design Tour AD VF 7 TX shaft FAIRWAY WOODS: Titleist GT1 3Tour (14.5 degrees), with Graphite Design Tour AD DI 8 TX shaft, Titleist GT1 (21 degrees), with Graphite Design Tour AD DI 9 TX shaft IRONS: TaylorMade P·7CB (4), TaylorMade P·7MB (5-PW), with True Temper Dynamic Gold Tour Issue X100 shafts WEDGES: Titleist Vokey Design SM10 (52, 56, 60 degrees), with True Temper Dynamic Gold Tour Issue S400 shafts PUTTER: Scotty Cameron Newport 2 BALL: Bridgestone Tour B XS
Boston Globe
8 hours ago
- Boston Globe
Lottie Woad looks every bit a veteran in winning Women's Scottish Open in her first LPGA event as a pro
Woad finished at 21-under 267 and earned $300,000. 'I think it's quite hard to do that, but very special to win in my first event,' Woad said. 'Everyone was chasing me today, and managed to maintain the lead and played really nicely down the stretch and hit a lot of good shots.' Kim had opened with four birdies in seven holes, and when the South Korean added birdies on the 11th and 12th, she shared the lead with Woad. Advertisement Woad was unflappable, making birdie on the 13th and 14th holes to regain control and dropping only one shot late in her round. She finished with a three-quarter wedge over a winding burn to 2 feet for birdie and a reserved celebration. Lottie Woad is victorious in her FIRST professional start at the Women's Scottish Open! 👏🏆 — Golf Channel (@GolfChannel) Her victory is certain to get everyone's attention in women's golf. Woad was the No. 1 amateur in the women's ranking when she won the Women's Irish Open on the Ladies European Tour three weeks ago. Then, she finished one shot out of a playoff in the Evian Championship in France, an LPGA major. Advertisement That gave her enough points for an LPGA card, so the 21-year-old decided to forgo her final year at Florida State and turn pro. Now she has an LPGA title — the Women's Scottish Open is co-sanctioned with the LET — as she heads south for Royal Porthcawl in Wales for the final major of the year in the Women's British Open. Nelly Korda, who played the opening three rounds with Woad, ran off four straight birdies on the front nine until missing some putts that stalled her momentum. She shot 71 and finished eight shots behind, leaving the American winless this year after a seven-win season in 2024. Julia Lopez Ramirez closed with a 65 and tied for third with Sei Young Kim (73), earning the Spaniard one of three spots available in the Women's British Open next week. The other spots went to Paula Reto of South Africa and Mary Liu of China. Woad first made a name for herself when she 'I think Augusta, that was the biggest tournament I played in at the time and was kind of my big win,' Woad said. 'So definitely felt the pressure of it more there, and I felt like all those experiences helped me with this.' The only difference this week was getting paid for it. Along with winning the Women's Irish Open, Woad tied for 31st in Advertisement She heads to Wales hopeful of keeping the momentum. 'It's been pretty good, yeah. I don't really know how to describe it,' Woad said. 'Just been shooting low scores, which is always nice.' The LPGA Tour has had a different winner in all 19 tournaments this year, the longest stretch of no multiple winners in its 75-year history.
