Connect with us

Equipment

Acushnet files with SEC for proposed IPO

Published

on

Late last month, Reuters reported that Acushnet Holdings Corp., the umbrella company for Titleist and FootJoy, was preparing for an IPO. Today, the company made it official.

Related: Titleist unveils new 917 drivers at Quicken Loans National

Acushnet announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed IPO of its common stock under the symbol “GOLF,” with J.P. Morgan and Morgan Stanley acting as lead book-running managers and representatives of the underwriters. Credit Suisse, Daiwa Capital Markets Deutche Bank Securities, Jeffries and Wells Fargo Securities are also acting as joint book-running managers. The number of shares and price range have not yet been determined.

In 2011, Fortune Brands sold Acushnet to Fila Korea Ltd and Mirae Asset Private Equity for $1.23 billion.

12 Comments

12 Comments

  1. bob

    Jun 20, 2016 at 11:33 pm

    the problem for the industry, if they let retailers do what they want with pricing, the internet will bust everybody thats left. if you just have a web site to pay for, you can sell everything at cost plus 5% and do well. the brick and mortar retailer needs at least 30-35% and high volume to survive. i was in the business for years before the internet, and at my peak my gross margins were 18-20%, but we did big numbers because of no internet. no way you could survive today.

  2. Justin

    Jun 20, 2016 at 7:16 pm

    Pro V 1 most used ball by looser’s of 2016 U.S. Open…only one winner and he used a Taylormade ball….

  3. Scooter McGavin

    Jun 20, 2016 at 3:36 pm

    Are there actually people that would buy stock in golf companies now?

    • Cam

      Jun 20, 2016 at 7:14 pm

      This just means the investors (Fila) has run the numbers and it makes no sense to keep pouring money into a dead horse….D J winning with a Taylor Made ball this week does not help, runner ups were only 1 out 3 with a Pro V 1 also……

    • Cr

      Jun 20, 2016 at 7:17 pm

      I think it’s more to do with attempting making the company more American owned, again, than having a foreign company be the major shareholder. People heard that Titleist is owned by Koreans and sales dropped

  4. D Louis

    Jun 20, 2016 at 1:50 pm

    I agree it’s the beginning of the end, once they go public and are driven by shareholders that are only concerned with a return on their investment, the high quality products they’re known for will slowly be replaced with lower cost, higher margin products much like they direction Taylormade took. Eventually, it will be difficult to tell the fifference between TM and Titleist products.

  5. Garry Pierce

    Jun 20, 2016 at 1:40 pm

    This is the beginning of the end. Why I say this. Titleist is a $500 million a year company. Be a terrible investment. Golf stocks have been non performers for years. Will Titleist become another Golfsmith addition. Snake eyes – MacGregor.

    Tim you don’t know how many times I got my account suspended for selling below MAP. AND ebay is a real be no no now. Taylor thought they could shut ebay down and buyers would run to The PGA Store. BAD idea. NOW they are up for sale. They went from 1.5 billion to 900 million and dropping. MAP and MSRP are the biggest loads of crap. Let me as the retailer decide how much I want to make on an item. $35 on Pro V1’s won’t happen. That is wholesale cost to dealers. and add shipping on top of that. Balls is where the money is. Clubs are break even. Shirts and balls.

    I have always maintained from the 18 years in the golf biz,,,, the dumbest people in business run the golf biz. Club pros are the laziest… they love that MAP and MSRP. They don’t have to leave the bar to make a sells pitch. ab=nd now add the USGA farce and you cab=n see why golf has a problem. Out of touch imbeciles driving the car over the cliff

    • Cam

      Jun 20, 2016 at 7:10 pm

      Most companies that go public are signing their death warrants….Most be a billion companies that ran fine and made Mom and Pop a good living for years….then talked into growing and farming control of the products out to Joe and Jane College, saw a huge jump only to end up on top of the mountain with one and a half feet hinging over the cliff and Joe and Jane College stepping on that half foot as they took there golden parachutes and walked away. If anyone is dump enough to buy titlist stock just remember for the most part you are paying off some investors and giving some higher ups a big check to go away smiling.

  6. fred

    Jun 20, 2016 at 1:17 pm

    Does this mean that the ancient Acushnet Bullseye putter I have will now be worth something?

  7. Tim

    Jun 20, 2016 at 12:46 pm

    If all these big golf companies want to make money they will pull away from controlling the price their retailers can sell their stuff for…..It is still strange how they continue to control the pricing of their balls and clubs etc. Price fixing was outlawed years ago but these companies found a loop hole, something to do with patents or something. No retailer can even give you a dozen balls or free shipping in many cases unless the OEM approves. I have found a few independent golf pro shops that sell under market but that is always on a one to one thing,, never advertised. If the price fixing was out we may find a retailer selling some REAL specials like maybe PROV’s for $35 instead of $48, which still gives the manufacture his profit and lets the retailer go after some volume and foot traffic and a lot of Sporting/Golf stores could use some sales volume.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Equipment

Neal Shipley, AKA, the “Big Fridge’s,” custom stamping

Published

on

Neal Shipley was the first to admit that he enjoyed his food while in college. But since his days at Ohio State, he’s slimmed down and earned a PGA Tour Card.

That hasn’t stopped him from having fun with his wedge stampings, though it’s led to some misunderstandings.

On the 54 (degree), we have ‘Big Fudge,'” Shipley told GolfWRX. “It was supposed to be ‘Big Fridge,’ so this happened a little while ago. ‘Big Fridge’ was a nickname between my college teammates and I, with ‘fridge’ meaning stomach, a big stomach.

“We told the Ping guys to put … ‘Big Fridge’ on it, and I think maybe some bad cell service or something, and they thought I said ‘fudge,’ so they put fudge on it.”

On Shipley’s 50-degree he also continues the food theme, this time with his go-to order at the “Golden Arches,” and his stamping “DONS 7.”

“The number 7 meal, the two cheeseburger meal, that was my McDonald’s order, back when I would have McDonald’s frequently,” Shipley shared.

Check out Shipley’s full what’s in the bag and the rest of his wedge stampings here on “Inside the Ropes” from Colonial.

Continue Reading

Equipment

From the GolfWRX Classifieds: L.A.B. Purple DF3 with Masters cover

Published

on

At GolfWRX, we are a community of like-minded individuals who all experience and express our enjoyment of the game in many ways.

It’s that sense of community that drives day-to-day interactions in the forums on topics that range from best driver to what marker you use to mark your ball. It even allows us to share another thing we all love – buying and selling equipment.

Currently, in our GolfWRX buy/sell/trade (BST) forum, @raw10628 has a L.A.B. DF3 putter and Masters putter cover up for grabs.

From the listing: “Some great items here today, time to thin out and make room for next set of gear.  All prices include shipping. 
LAB DF3 Purple 33.5” 68° lie with TPT – $725. LAB Masters release DF3 cover – $150.

To check out the full listing in our BST forum, head through the link. If you are curious about the rules to participate in the BST Forum, you can learn more here: GolfWRX BST Rules

Continue Reading

Whats in the Bag

Maria Torres WITB 2026 (June)

Published

on

Driver: Ping G440 LST (9 degrees)
Shaft: Accra TourZ Green 5-M4

3-wood: Ping G440 Max (15 degrees)
Shaft: Accra TourZ Green 6-M4

5-wood: Ping G440 Max (19 degrees @18)
Shaft: Accra TourZ Green 6-M4

Hybrid: Ping G440 (23 degrees)
Shaft: Oban Isawa Red Hybrid Shaft 04 Flex 70 Gms

Irons: Srixon ZXi7 (5-P)
Shafts: Aerotech SteelFiber Private Reserve i80

Wedges: Cleveland RTZ (50-MID, 54-FULL, 58-MID)
Shafts: Aerotech SteelFiber Private Reserve i105

Putter: L.A.B. Golf OZ.1i
Shaft: ACCRA Putter Shaft

Grips: Golf Pride Tour Velvet

Continue Reading

Announcement

Our Privacy Policy and Terms of Use have been updated as of January 29th, 2026. Please review the updated policies here Privacy Policy | Terms of Use. By continuing to use our site after January 29th, 2026, you agree to the changes.

WITB

Facebook

Trending