Who owns top golf?
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. 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 …
Is Topgolf publicly traded?
Erik Anderson. Executive Chairman, Topgolf Entertainment Group. ×. Erik Anderson is a leader in global innovation. He is the Founder and Chief Executive Officer of WestRiver Group (WRG) since 2002. WRG is a collaboration of leading investment firms providing integrated capital solutions to the global innovation economy.
Does top golf have stock?
Topgolf Comes to the USA. WestRiver Group invests in Topgolf, WestRiver Group's Erik Anderson becomes Modern Founder. The first U.S. venue opens in Alexandria, VA. 2006. Callaway Golf Company invests in Topgolf. 2012.
How expensive is Topgolf?
In 2021, Topgolf Entertainment Group merged with the Callaway family of brands and is now a wholly owned subsidiary of Callaway Golf. Erik Anderson now serves as Vice Chairman of the Callaway Board of Directors, and WestRiver Group, Providence Equity Partners and Dundon Capital remain significant shareholders in the combined company.
Who is Topgolf owned by?
| Trade name | Topgolf Entertainment Group |
|---|---|
| Key people | Erik Anderson (Executive chairman) Artie Starrs (CEO) |
| Brands | Topgolf |
| Parent | Callaway Golf Company |
| Divisions | Topgolf Swing Suite Toptracer Global |
Who is the CEO of Topgolf?
Does Callaway own all of Topgolf?
How much does a Topgolf owner make?
Who owns Topgolf Dubai?
Who is the COO of Topgolf?
How much does Callaway make from Topgolf?
With the post-COVID picture getting a bit clearer, Callaway is flexing its muscles and appears quite bullish on 2022. The company projects 2022 revenues to reach $3.8 billion this year with more than $1.5 billion coming from a full year of Topgolf.Feb 11, 2022
How does Topgolf make money?
Who is Topgolf competitor?
Is Topgolf a private company?
How big is Topgolf?
How many Topgolf locations are there?
Where was Topgolf built?
From this, they designed a new game, Topgolf, which is a redesigned driving range. In Watford, just outside London, the twins built the first location, which opened in 2000.
How many Topgolf locations were opened in 2013?
Anderson moved to have newer location be even larger, with a full line kitchen and executive chefs replacing small kitchens and more golfer space. Ten locations were opened in 2013. Topgolf had sales of $163.5 million in 2014 to make the Inc. 500.
Where is Topgolf Media located?
www .topgolf .com. Topgolf is a global sports entertainment company headquartered in Dallas, Texas with locations in the United States, United Kingdom, Australia, Mexico and Dubai.
Is Topgolf in Australia?
TopGolf locations in Australia are run by a joint venture of Topgolf International (3.7%) and Village Roadshow Theme Parks. In Canada, a joint venture with Cineplex Entertainment was established to operate locations there, but was abandoned by Cineplex in 2020.
When did Richard Grogan visit Topgolf?
In 2003, bankers approached Richard Grogan to invest but were rejected. Grogan later had been induced to visit the Topgolf facility in February 2004. Seeing only a 5% return on investment, Grogan turned them down again, although he was otherwise impressed during the visit.
When did Callaway buy Topgolf?
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.
How much of Topgolf is Callaway holding?
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.
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.
Where was the first topgolf venue?
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. Over the next 20 years, Topgolf would become a movement opening new ...
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.
Is Nike a top 5 golf company?
Buoyed by the success of their No. 1 golfer as much as their evolving line of equipment and apparel, including clubs, balls and, of course, footwear, Nike consistently ranks in the top five of golf companies worldwide.
What products does the golf conglomerate make?
Other products that the billion-dollar golf conglomerate produces include Pinnacle golf balls, Scotty Cameron putters and Foot Joy golf shoes and apparel. The company line has been to keep many of its products in the hands of golf pro shops, but it also has extended to include golf retailers around the world.
Is golf an old game?
Golf is such an old game that companies that were once titans of the industry no longer have any bearing on the game. Several companies rise to the top when you think about the most successful golf-related companies in the world.
When did Callaway Golf start?
Callaway came about in the 1980s and today is one of the leading golf brands in the United States and beyond. The company was founded by a wine maker, no less. Ely Callaway bought a company called Hickory Stick and changed the name over to Callaway Hickory Stick. The name became its current Callaway Golf Company in 1988.
When did Callaway Golf start making hickory sticks?
Ely Callaway bought a company called Hickory Stick and changed the name over to Callaway Hickory Stick. The name became its current Callaway Golf Company in 1988 . Its most successful product, Big Bertha metal woods, were launched in 1991 and spurred its growth over the next two decades.
Overview
Topgolf is a golf driving range game with electronically tracked golfballs and automatically scored drives that started in 2000 and grew to become an American multinational sports entertainment company. Headquartered in Dallas, Texas, it has locations in the United States, United Kingdom, Australia, Mexico and the United Arab Emirates. In October 2020, publicly traded Callaway Golfa…
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 would acquire Topgolf for $2 billion. At the time, Callaway held a 14% share of Topgolf. Callaway had invested in Topgolf since 2006, with CEO Chip Brewer serving on the Topgolf board since 2012.
Games
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