GOLFTEC Acquires SkyTrak

Technology & Services

GOLFTEC acquisition of SkyTrak


Summary

GOLFTEC Enterprises LLC (“GOLFTEC”) has entered into a definitive agreement to acquire SkyTrak LLC (“SkyTrak”). Terms of the transaction were not disclosed. The transaction is subject to various regulatory approvals and customary closing conditions.

Baird served as the exclusive financial advisor to GOLFTEC on this transaction.

About

GOLFTEC is a world leader in golf improvement. The GOLFTEC experience is designed for golfers of all ages and abilities to work with an expert Coach to build a game improvement plan customized to specific needs and goals. GOLFTEC’s cutting edge training systems, including new OptiMotion, gives students and coaches instant and data-driven feedback. GOLFTEC has given millions of lessons across more than 230 locations around the world. GOLFTEC is headquartered in Englewood, Colorado.

SkyTrak is golf’s most popular consumer launch monitor and simulator. SkyTrak provides golfers of all skill levels accurate, real-time feedback making it a complete practice, play and entertainment system. SkyTrak delivers quality ball flight simulations that reflect a golfer’s actual performance and is utilized for consumers, teachers, club fitters and PGA Professionals. SkyTrak is headquartered in Carlsbad, California.
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Technology & Services

GOLFTEC acquisition of SkyTrak

Date
August 2022
Company
GOLFTEC Enterprises LLC
Transaction
M&A - Buyside
Sectors
Technology & Services
Verticals
Travel, Leisure & Hospitality
Target Location
North America
Acquiror Location
North America

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