Five Iron Golf Acquires Golf the Green (Bucktown, Chicago)

Five Iron Golf Acquires Thr3 Jack in Minneapolis North Loop

December 18, 2024

Restaurants & Hospitality

Five Iron Golf has acquired Thr3 Jack, a 9,000 sq ft golf and dining venue in Minneapolis’ North Loop, and will reopen the site as its 26th location and first in Minnesota. The acquisition brings Five Iron’s Trackman simulator technology, instruction, and entertainment-forward hospitality to the former Thr3 Jack space to serve both consumer guests and corporate events.

Fairway Acquires Simply Green to Expand in Atlanta

June 12, 2025

Environmental Services

Fairway has acquired Simply Green, a lawn care business founded in 2004, to expand its footprint into the Atlanta market. Simply Green's founder Don Smith said the company chose Fairway for cultural fit, and Greg Clendenin and The Clendenin Consulting Group served as financial advisor to Simply Green.

Kinzie Capital Partners Acquires GT Golf Holdings, Inc.

January 12, 2023

Consumer Products

Chicago-based private equity firm Kinzie Capital Partners has acquired GT Golf Holdings, Inc., a Vista, California–based distributor of consumable golf products, in partnership with the company's management team. The transaction (terms undisclosed) transfers ownership from Hadley Capital to Kinzie and positions GT Golf to expand nationally while leveraging Kinzie's technology and operational resources.

Leonard Green Acquires 60% Stake in Topgolf from Topgolf Callaway Brands

January 1, 2026

Restaurants & Hospitality

Private equity funds managed by Leonard Green & Partners acquired a 60% stake in Topgolf and Toptracer from Topgolf Callaway Brands, valuing the Topgolf unit at approximately $1.1 billion. Topgolf Callaway Brands received about $800 million in net cash proceeds, retained a 40% stake, and used proceeds to repay $1 billion of term loan debt while announcing a corporate name change back to Callaway Golf Company.

Worldwide Golf and Capitol Hill Group Acquire Big 5 Sporting Goods

October 2, 2025

Retail

A partnership comprised of Worldwide Golf and Capitol Hill Group completed a merger to take Big 5 Sporting Goods private, with Big 5 surviving as a wholly owned subsidiary of the partnership. Under the deal, Big 5 stockholders will receive $1.45 per share in cash; the buyers said the combination pairs Capitol Hill Group's capital with Worldwide Golf's specialty retail expertise to re-energize growth.

Clubessential Holdings Acquires BlueGolf

September 28, 2022

Cloud & SaaS

Clubessential Holdings has acquired BlueGolf to form a new Golf and Club Technology business unit led by Clubessential president Scott Strong. The deal adds BlueGolf’s tournament registration, management and real-time scoring/leaderboard SaaS — used across ~30,000 tournaments annually — to Clubessential’s suite of club and course management solutions to expand product capabilities and global reach.