Mintz Advises Invited, Inc. in its Sale of Certain Assets Related to its BigShots Golf Business to Topgolf Callaway Brands Corp.
WASHINGTON, DC – 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 in off-course golf. Concurrent to the sale, Invited and Topgolf entered into a preferred vendor agreement, whereby Topgolf Callaway’s products and merchandise will feature 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 Of Counsel Kristen White also advised on the deal.
Mintz’s Private Equity/Mergers & Acquisitions Practice includes 50+ professionals from many different legal areas who focus on executing transactions that meet our clients’ wide-ranging legal, business, and operational goals. Mintz develops winning transaction strategies for deals of virtually every size and type, including strategic acquisitions and divestitures, private equity platform and roll-up acquisitions and exits, spin-offs, joint ventures, asset and IP acquisitions, distressed sale transactions, complex earn-out and contingent value rights transactions, tender offers, and going private transactions and recapitalizations. Mintz’s Private Equity/ Mergers & Acquisitions Practice is also bolstered by its nationally-recognized Litigation and Intellectual Property practices, as well as industry-leading energy, healthcare and communications regulatory teams.