Acushnet, the parent of Titleist and Footjoy, has hired Solebury Capital to advise on a potential IPO, according to Reuters.

The Korea Economic Daily reported earlier on Tuesday that Acushnet was expected to complete a listing around 2016, likely in New York, with an estimated market capitaliztion of 2 trillion won ($1.81 billion), citing a high-ranking source at Mirae Asset.

Acushnet is owned by Fila and several Korean companies including Mirae Asset. In 2011, Fila and partners purchased Acushnet, which owns the Titleist and FootJoy brands, for $1.23 billion.

The Reuters story is here.