TLT has advised Golfsupport.co.uk on the deal.
Golfsupport.co.uk has been sold to PGC Group, the French leader in the distribution of golf equipment for players and professionals and the European leader in driving range and course equipment.
Golfsupport.co.uk is one of the European leaders in online golf retailing, based in Mansfield, Nottinghamshire and generating about half of its turnover in the UK and a third in continental Europe.
The acquisition allows PGC Group to penetrate the British market – the first European golf market – but also online distribution, thus integrating a new channel and new brands.
KBS Corporate advised on the sale of the shares in Golfsupport.co.uk. The firm implemented a highly successful research strategy, producing over 50 interested parties from trade and private equity.
PGC Group has simultaneously completed the acquisition of Range King B.V., which specialises in the B2B distribution of driving range and golf course equipment in particular with its own brands.
Richard Life (Picture), partner at TLT, led the team advising on the deal.
Involved fees earner: Richard Life – TLT LLP;
Law Firms: TLT LLP;