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February 05, 2019
Summit-backed Club Champion Acquired
Club Champion – one of the largest premium custom golf club fitting retailers in the world – provides the latest example of Summit’s experience in scaling specialty consumer/retail businesses. Summit invested in Club Champion in 2017, and since then, the company has nearly tripled its store count across the United States, using highly trained fitters and the latest in ball flight measuring technology to deliver a Tour-quality fitting experience.
Today, Club Champion announced its next milestone: the acquisition by Levine Leichtman Capital Partners. Summit will continue to hold an equity stake in the business, and we are thrilled to continue our partnership with the Club Champion team. We look forward to the company’s next phase of growth.
Founded in 1984, Summit Partners is a global alternative investment firm that is currently managing more than $14 billion in capital dedicated to growth equity, fixed income and public equity opportunities. Summit invests across growth sectors of the economy and has invested in more than 475 companies in healthcare & life sciences, technology and other growth industries. For more information, including a complete list of companies, visit www.summitpartners.com.