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TaylorMade Golf Company is an American sports equipment manufacturing company based in Carlsbad, California, United States. The company focuses on the golf equipment market, producing golf clubs, balls, and clothing. TaylorMade Golf is currently a subsidiary of Centroid Investment Partners after it was purchased from KPS Capital Partners in May ...
This was the reason Golfsmith owed $5.5 million to Callaway Golf Co., $5.1 million to Taylormade Golf Co. Inc., $3.5 million to Nike, $2.3 million to PING Inc. and $2.1 million to Titleist. Golfsmith CEO David Roussy blamed "a recession-driven decline in golf participation and an oversized brick-and-mortar retail presence" for its situation.
In 2012, Adams Golf was acquired by TaylorMade Golf (which was owned by Adidas by then) for USD 10.80 per share in cash (roughly 70 million). As a result, Adams was added to the corporation set of golf brands, such as Adidas Golf and TaylorMade–adidas Golf. TaylorMade assured that Adams' headquarters in Plano, Texas, would remain. [2]
Gary Adams was an American salesman, founder of TaylorMade Golf, Founders Club, McHenry Metals, and nominal inventor of the modern "metal wood." After leaving college, he started working as a golf salesman. He observed new golf balls worked well with irons, but not wood clubs, so he started tinkering to create a metal driver. [2]
The R7 driver has been one of the most popular drivers in golf because of its ability to reduce the effects of faults. With the success of the R7 Quad, some other companies have sought to bring customizable products to the market, while others have produced clubs that are pre-weighted for the same corrective ball-flight.
In 2017, McIlroy signed a 10-year, $200 million contract extension with Nike for apparel only after Nike exited the golf equipment business, allowing him to additionally sign a 10-year, $100 million equipment deal with TaylorMade to use their clubs, ball, and bag.