Mintz Advises Invited, Inc. in Sale of BigShots Golf to Topgolf Callaway Brands
The Situation
Mintz served as legal counsel to Invited, Inc. in its sale of certain assets related to its BigShots Golf business to Topgolf Callaway Brands Corp.
The acquisition adds BigShots’ brand and certain locations to Topgolf Callaway’s existing portfolio of US venues for off-course golf. Concurrent with the sale, Invited and Topgolf entered into a preferred vendor agreement, whereby Topgolf Callaway’s products and merchandise will be featured in Invited’s more than 140 golf and country clubs. Invited is an Apollo portfolio company.
The Mintz deal team was led by Private Equity Co-chair Matthew T. Simpson and included David Conway and Garrett Galvin. Mintz Member Scott Rader and Special Counsel Kristen White also advised on the deal.