An affiliate of Sun Capital Partners, Inc. has acquired Edwin Watts Golf Shops, LLC. Headquartered in Fort Walton Beach, Florida, Edwin Watts Golf is a multi-channel retailer of golf equipment, apparel, and accessories through 66 retail stores, in ten southern, southeastern and northeastern states, as well as through a mail order catalogue and an e-store. Terms of the acquisition were not disclosed.
Edwin Watts, president and CEO, Edwin Watts Golf Shops, LLC, said, “We are extremely pleased with our affiliation with Sun Capital, which has the requisite financial resources and deep retail experience to help strengthen our operations and build out our footprint in suitable locations. We are delighted with this transaction and look forward to a close working relationship with the fine people at Sun Capital.”
M. Steven Liff, managing director, Sun Capital Partners, Inc., added, “Edwin Watts Golf is a leading golf retailer possessing excellent customer service, a deep assortment of hard and soft goods, and outstanding product knowledge. Given our retail experience and our partnership with Edwin Watts and his management team, we plan to assist the Company with its strategy to expand the chain and continue to strengthen the Companys merchandising plan.”
