Pro Golf of America Inc., the franchisor for 80 independently owned Pro
Golf stores, has been acquired by an investment group in bankruptcy
proceedings.
Terms of the deal were not disclosed.
Pro Golfs assets were sold after Ajay Sports Inc., the former majority
owner of Pro Golf International, filed for Chapter 11 bankruptcy in
January. Pro Golf is based in Farmington Hills, MI.
The buyer, Golf Acquisitions L.L.C., based in Plymouth, MI, and
consists of investors James Jabara, Jeffery Meek and Plymouth-based
Gerish Investment Group, which is headed by CEO Bruce Gerish.
According to Crains Detroit, bids were also submitted for Pro Golf
International Inc., the holding company for Pro Golf of America, and
progolf.com Inc. Those deals are pending.
