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Kinzie Capital Partners Acquires One-Stop Supplier Gt Golf Holdings, Inc.

Jan 11, 2023•over 2 years ago

Acquiring Company

Kinzie Capital Partners

Acquired Company

One-Stop Supplier

Venture CapitalConsulting

Description

Kinzie Capital Partners LP (“Kinzie”), a Chicago-based private equity firm, announced that through an affiliated entity it has acquired GT Golf Holdings, Inc. (“GT Golf” or the “Company”), headquartered in Vista, CA with additional locations in Fort Worth, TX and Mount Pleasant, SC. The transaction was completed in partnership with the Company’s management, including President Brian Van De Veere, Chief Operating Officer Gary Anderson and Vice President of Sales and Marketing Patrick Coughlin, who will continue to hold key management roles at the Company.

Company Information

Company

Kinzie Capital Partners

About

Kinzie invests in lower middle-market companies in the manufactured products, business services and consumer industries. In alliance with Clarity Partners, LLC, specialists in management and technology consulting, Kinzie has assembled a team of technology, operations and industry experts that work closely with its portfolio companies to execute strategic vision. Whether companies are navigating a generational shift, experiencing a period of high growth or managing a complex business cycle, Kinzie seeks to create sustainable outcomes by leveraging technology and strong operational focus. For more information visit www.kinziecp.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed