Who invented golf, and how did it become so popular?
WestRiver Group was founded and is run by Erik Anderson, Executive Chairman of Topgolf International, Inc., dba Topgolf Entertainment Group (TEG). As the company expanded, Callaway Golf Company (NYSE: ELY) became an investor in 2006 and Thomas Dundon in 2011. Also in 2008, the company was incorporated as Topgolf International, Inc.
Where did the sport golf get its name from?
Feb 10, 2022 · Founded 2000. Country/Territory ... but it’s hard to have a better story about the power of competition than the CEO of Top Golf, Dolf Berle. ...
Where are the top golf locations?
Founded Date 2000; Founders Dave Jolliffe, Steve Jolliffe; Operating Status Active; Last Funding Type Series C; Also Known As Topgolf; Company Type For Profit; Contact Email [email protected]
Where does the golf purse come from?
Oct 16, 2020 · Puttshack was created by the twin brothers who founded Topgolf, a concept that operates large-footprint units with bays where customers can hit tech-enabled golf balls. Players can order food and drink in their bays. Puttshack’s CEO Joe Vrankin was the …
When was the first Topgolf?
2000The Jolliffe brothers and a licensee developed the first three Topgolf locations in the United Kingdom beginning in 2000. The U.S. licensee, with WestRiver Group as the lead investor, brought Topgolf to the U.S. in 2005 with the opening of Topgolf Alexandria.
Where did Topgolf first open?
Watford, United KingdomTopgolf / Place founded
How long has Topgolf been in business?
Topgolf was founded in England in 2000 by two brothers, both avid golfers, who wanted a way to improve their game.
Where was the first Topgolf in the United States?
Eventually, an American investor was brought in, the WestRiver Group, to create Topgolf locations overseas in the United States. In 2005, they selected the first location stateside in the Washington, D.C., suburb of Alexandria, Virginia.Jan 7, 2021
Who founded Topgolf?
Steve JolliffeDave JolliffeTopgolf/Founders
Who owned Topgolf?
Callaway Golf CompanyTopgolfTrade nameTopgolf Entertainment GroupKey peopleErik Anderson (Executive chairman) Artie Starrs (CEO)BrandsTopgolfParentCallaway Golf CompanyDivisionsTopgolf Swing Suite Toptracer Global10 more rows
How many people attend Topgolf a year?
23 million guestsTopgolf has 63 locations around the globe – including a robust pipeline of new openings – serving more than 23 million guests in 2019 with more than 50% of consumers identifying as non-golfers.Oct 27, 2020
How does Topgolf make money?
While a hefty sum to build, the average Topgolf facility returns roughly $21.5 million a year (adjusted for inflation). About half of that revenue is generated from food and drink, and the other half is made from customers paying for a Topgolf bay, for which they pay $30–$50 an hour.
Is Topgolf owned by Callaway?
Callaway Golf Company Completes Merger with Topgolf, Creating an Unrivaled Global Leader in the Game of Golf.Mar 8, 2021
Why is it called Topgolf?
Topgolf originated from the timeless golf question, "Who hit it closer?" Originally called "Target Oriented Practice Golf," the founders of Topgolf used proprietary radio-frequency identification (RFID) technology and dartboard-style targets to answer this question, and the first Topgolf venue was created in Watford in ...
Where is the biggest Topgolf?
Las VegasSpanning four levels and 105,000 square feet, the Topgolf flagship location in Las Vegas stands as the biggest Topgolf venue to date.
When did Callaway buy Topgolf?
Callaway already owned a 14% stake in Topgolf after an early investment in 2006 and will pay $2.66 billion in stock to acquire the rest of the company.Mar 11, 2021
Where did the name Topgolf originate?
Topgolf originated from the timeless golf question, "Who hit it closer?". Originally called "Target Oriented Practice Golf," the founders of Topgolf used proprietary radio-frequency identification (RFID) technology and dartboard-style targets to answer this question, and the first Topgolf venue was created in Watford in the United Kingdom in 2000.
How many Topgolf venues are there?
Topgolf breaks Guinness World Record for most golf balls hit simultaneously around the world. As of December 29, 2019, Topgolf owned, operated or franchised 58 Topgolf venues consisting of 57 company-operated venues in the United States and the United Kingdom and one franchised venue in Australia. 2020.
Who is the CEO of Top Golf?
Located at the intersection of sports and business are thousands of leading executives with amazing stories, but it’s hard to have a better story about the power of competition than the CEO of Top Golf, Dolf Berle.
What is Topgolf's approach to customer experience?
Topgolf’s approach to creating an authentic customer experience shows what things will be like in the future. Instead of focusing only on basic customer needs, brands should consider the entire experience. Be creative, think outside the box and trust your team to create great moments for customers.
About
Topgolf Entertainment Group operates as a technology-enabled global sports and entertainment community.
Highlights
View contacts for Topgolf Entertainment Group to access new leads and connect with decision-makers.
M&A Details
Topgolf Entertainment Group was acquired by Callaway Golf for $2B on Oct 27, 2020. This deal was done in Stock.
Overview
Topgolf is a global sports entertainment company headquartered in Dallas, Texas with locations in the United States, United Kingdom, Australia, Mexico and the United Arab Emirates. In October 2020, publicly traded Callaway Golfannounced it was acquiring Topgolf, with the merger completed in March 2021. TopGolf locations in Australia are run by a joint venture of Topgolf Internationa…
History
Twin brothers Steve and Dave Jolliffe had sold their mystery shoppingbusiness and were looking for a new project in 1997. Both golfers, they began complaining about golf's issues: the time factor and lackluster driving ranges. Looking to improve the game, the Jolliffes looked to the then-new commercial microchip technology and placed it in the golf ball. From this, they designed a …
Merger with Callaway
On October 27, 2020, Callaway Golf Company announced it will acquire Topgolf for $2 billion. On the date of such announcement, Callaway was holding 14% share of Topgolf. Callaway has been the investor for Topgolf since 2006, with the present CEO Chip Brewer serving on the Topgolf board since 2012.
Games
The Topgolf games can be played by all ages and skill levels, and the micro chipped golf balls score themselves, providing players with instant feedback on each shot's accuracy and distance.
• Top Golf – Players aim for 11 giant dartboard-like targets. The further the shot goes and the closer to the pin, the more points the player receives.
• Top Break – has a snookerbased format in which a player must hit a red target then a coloured target. The higher value colours, the more p…
Locations
There are currently 50+ Topgolf locations, three in the United Kingdom, and one in Australia, Mexico, and the UAE. Each Topgolf venue features climate-controlled hitting bays for year-round play, food, beverage, music and HDTVs on which various sports games are shown, such as football, basketball and golf. Topgolf also offers golf lessons, leagues, tournaments, concerts, and corporat…
External links
• Official website
• Topgolf Media