Sun May 18 17:30:00 UTC 2025: **FOR IMMEDIATE RELEASE**
**TaylorMade Golf Up for Sale as Ownership Group Seeks $3.5 Billion**
*NEW DELHI, INDIA* – TaylorMade, the leading golf equipment brand favored by top PGA Tour players like Rory McIlroy and Scottie Scheffler, is reportedly up for sale. Centroid Investment Partners, the South Korean private equity firm that acquired TaylorMade in 2021 for $1.7 billion, is seeking to divest its ownership, according to a report in the *Korean Economic Daily*.
The company aims for an outright sale rather than an initial public offering (IPO). JP Morgan and Jefferies conducted a risk-return analysis that favored a sale of stake over an IPO. TaylorMade is expected to fetch a staggering $3.5 billion.
The planned sale isn’t without its hurdles. Korean fashion conglomerate F&F, which contributed $392 million (23%) to Centroid’s original purchase, reportedly opposes the sale, preferring a future IPO. Reports suggest F&F believes it has the first right of refusal, potentially giving it the power to block the transaction.
Despite the ownership wrangling, TaylorMade’s brand remains strong. The company has benefited from its long-standing relationship with Tiger Woods, who joined TaylorMade in 2017. Most recently, Tiger Woods launched his own apparel brand, Sun Day Red, under TaylorMade’s umbrella.
The sale raises questions about the future ownership of the golf equipment giant and who will emerge as the next ruling brand in the industry.
**About Devlina Sarkar:**
Devlina Sarkar is a Newsweek contributor based in New Delhi, India, focusing on golf and film. She joined Newsweek in February 2025 and previously worked for The Indian Express and iTV Network. She is a graduate of Delhi University and also studied at the University of London.