Edwin Watts Acquires Five Golf Stores in Southeast

Edwin Watts Golf Shops, LLC acquired five retail locations from Southern
Golf Partners, including stores in Albany, Ga.; Augusta, Ga.; Macon,
Ga.; Ocala, Fla. and Panama City Beach, Fla. Each of the stores will
be converted into full-service Edwin Watts Golf Shops. The move will increased the store's footprint to more than 70 locations.

Terms were not disclosed.

Edwin Watts also noted that the acquisition complements its recent  multi-year agreement With Sears to open in-store shops in the U.S. The company so far plans to open 12 “store-within-a-store” retail locations at Sears stores nationwide.

“We are very excited to expand the Edwin Watts Golf Shops portfolio with the acquisition of these 5 new store locations,” said John Watson, Chief Executive Officer, Edwin Watts Golf Shops. “In conjunction with our new agreement with Sears, we are committed to establishing the Edwin Watts Golf Shops brand in new markets nationwide, while also continuing to leverage our brand name to open up new stores in regions where we already have a presence.”

The five new Edwin Watts Golf Shops locations, via the Southern Golf Partners acquisition, will be equipped with the latest technology, including a launch monitor & club repair facility, and will feature select product assortments in golf equipment & apparel, electronics and related golf accessories from top brands such as Callaway, TaylorMade, Titleist, FootJoy, adidas Golf, Cleveland, Cobra, Adams, Wilson, Champions Tour and others.

Watson adds, “Edwin Watts Golf Shops will continue to bring a new dimension of golf retail to an ever-growing audience of avid golfers, newcomers to the game and shoppers of golf equipment and accessories. This type of expansion is important to the game as it creates opportunities to grow golf at a time when it is needed the most.”