GT Golf was founded in 1995 and offers a range of consumable products, including golf grips, accessories and tees, sourcing more than 3,000 SKUs from over 150 vendors in addition to 300 company-owned proprietary products.
“We are thrilled to partner with Kinzie as we move into our next phase of growth and innovation,” said Brian Van De Veere, president of GT Golf. “Kinzie’s collaborative relationship with technology specialists, along with their operational expertise, presents us with an opportunity to expand our reach into new markets and demographics.”
With the acquisition by Kinzie, GT Golf will be able to leverage Kinzie’s partnership with management and technology consulting firm Clarity Partners to use its technology and extend its national presence.
“Brian, Gary and Patrick’s commitment to expanding the business, coupled with the rapid growth of the fragmented golf supply market, provides a strong opportunity for Kinzie to enter this attractive market,” said Suzanne Yoon, founder and managing partner, Kinzie Capital Partners. “We are proud to work with GT Golf’s management team as they expand the business nationally and increase its position as a leading wholesale supplier in this space.”
CIBC Cleary Gull served as the exclusive financial advisor to GT Golf on this transaction.
