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
,
consists of investors James Jabara, Jeffery Meek and Plymouth-based Gerish
Investment Group, which is headed by CEO Bruce Gerish. The company is currently
waiting on pending bids for Pro Golf International Inc., the holding company
for Pro Golf of America, and progolf.com Inc.
