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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 2021. TaylorMade's initial success came with the innovation of metal drivers, which debuted in 1979 and have subsequently dominated the golf market. In September 2012, ''Outside'' magazine named TaylorMade one of America's "Best Places to Work". History Origins in Illinois TaylorMade incorporated in 1979 after Gary Adams borrowed $24,000 on his house and leased a 6,000 square foot building in McHenry, Illinois. He originally had three employees and sold only one item, his newly invented 12-degree loft metalwood. The metalwood was unique in its steel construction - replacing persimmon as the primary material from which modern drive ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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Pittsburgh
Pittsburgh ( ) is a city in the Commonwealth of Pennsylvania, United States, and the county seat of Allegheny County. It is the most populous city in both Allegheny County and Western Pennsylvania, the second-most populous city in Pennsylvania behind Philadelphia, and the 68th-largest city in the U.S. with a population of 302,971 as of the 2020 census. The city anchors the Pittsburgh metropolitan area of Western Pennsylvania; its population of 2.37 million is the largest in both the Ohio Valley and Appalachia, the second-largest in Pennsylvania, and the 27th-largest in the U.S. It is the principal city of the greater Pittsburgh–New Castle–Weirton combined statistical area that extends into Ohio and West Virginia. Pittsburgh is located in southwest Pennsylvania at the confluence of the Allegheny River and the Monongahela River, which combine to form the Ohio River. Pittsburgh is known both as "the Steel City" for its more than 300 steel-related businesses and as the ...
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Professional Golfer
A professional golfer is somebody who receives payments or financial rewards in the sport of golf that are directly related to their skill or reputation. A person who earns money by teaching or playing golf is traditionally considered a "golf pro," most of whom are teachers/coaches. The professional golfer status is reserved for people who play, rather than teach, golf for a career. In golf, the distinction between amateurs and professionals is rigorously maintained. An amateur who breaches the rules of amateur status may lose their amateur status. A golfer who has lost their amateur status may not play in amateur competitions until amateur status has been reinstated; a professional may not play in amateur tournaments unless the Committee is notified, acknowledges and confirms the participation. It is very difficult for a professional to regain their amateur status; simply agreeing not to take payment for a particular tournament is not enough. A player must apply to the govern ...
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Morgan Stanley
Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. The original Morgan Stanley, formed by J.P. Morgan & Co. partners Henry Sturgis Morgan (a grandson of J.P. Morgan), Harold Stanley, and others, came into existence on September 16, 1935, in response to the Glass–Steagall Act, which required the splitting of American commercial and investment banking businesses. In its first year, the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The current Morgan Stanley is the result of the merger of the original Morgan Stanley with Dean Witter ...
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Sergio García
Sergio García Fernández (; born 9 January 1980) is a Spanish professional golfer. He has played on the European Tour, PGA Tour and LIV Golf Invitational Series. García has won 36 international tournaments as a professional, most notably the 2008 Players Championship and the 2017 Masters Tournament. García was also the Chairman of Spanish football team CF Borriol. García has spent much of his career in the top 10 of the Official World Golf Ranking, including over 300 weeks in the top 10 between 2000 and 2009, and over 450 weeks in the top 10 in total. He reached his highest career ranking, second, after winning the HSBC Champions tournament in November 2008. García has achieved career earnings of more than US$43 million. As a player, he is noted for strong iron play and accuracy. In the Ryder Cup, he competed in ten of the eleven matches playing during his professional career cumulatively earning a record 28.5 points during those matches. Early years and amateu ...
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TheGuardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ...
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Nike, Inc
Nike, Inc. ( or ) is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$37.4 billion in its fiscal year 2020 (ending May 31, 2020). As of 2020, it employed 76,700 people worldwide. In 2020, the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses. Previously, in 2017, the Nike brand was valued at $29.6 billion. Nike ranked 89th in the 2018 Fortune 500 list of the largest United States corporations by total revenue. The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, ...
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Rory McIlroy
Rory Daniel McIlroy (born 4 May 1989) is a professional golfer from Northern Ireland who is a member of both the European and PGA Tours. He is the current world number one in the Official World Golf Ranking, and has spent over 100 weeks in that position during his career. He is a four-time major champion, winning the 2011 U.S. Open, 2012 PGA Championship, 2014 Open Championship and 2014 PGA Championship. Along with Jack Nicklaus and Tiger Woods, he is one of three players to win four majors by the age of 25. McIlroy had a successful amateur career, topping the World Amateur Golf Ranking for one week as a 17-year-old in 2007. Later that year, he turned professional and soon established himself on the European Tour. He had his first win on the European Tour in 2009 and on the PGA Tour in 2010. In 2011, at the age of 22, he became the youngest player ever to reach €10 million in career earnings on the European Tour. In 2012, he became the youngest player to reach $10 m ...
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Tiger Woods
Eldrick Tont "Tiger" Woods (born December 30, 1975) is an American professional golfer. He is tied for first in PGA Tour wins, ranks second in men's major championships, and holds numerous golf records. * * * Woods is widely regarded as one of the greatest golfers of all time and is one of the most famous athletes in modern history. He is an inductee of the World Golf Hall of Fame. Following an outstanding junior, college, and amateur golf career, Woods turned professional in 1996 at the age of 20. By the end of April 1997, he had won three PGA Tour events in addition to his first major, the 1997 Masters, which he won by 12 strokes in a record-breaking performance. He reached number one in the Official World Golf Ranking for the first time in June 1997, less than a year after turning pro. Throughout the first decade of the 21st century, Woods was the dominant force in golf. He was the top-ranked golfer in the world from August 1999 to September 2004 (264 consecutive ...
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Adams Golf
Adams Golf, Inc. was an American sports equipment manufacturing company based in Plano, Texas, focused on the golf equipment market. The company produced golf equipment (more specifically clubs). In 2012 it was acquired by TaylorMade (owned by Adidas), becoming one of its brands. History In 1983, Barney Adams joined Dave Pelz Golf in Abilene, Texas. When Pelz's '' Preceptor Golf'' went bankrupt in 1988, Adams bought the assets and started Adams Golf. He moved the company to Dallas in 1991. Adams Golf initially specialized in custom fitted golf clubs, initially becoming associated with Hank Haney setting up a club fitting and repair shop at the Hank Haney Golf Ranch. Adams "Tight Lies" fairway wood became a commercial success as the result of television infomercial, with sportscaster Jack Whittaker as the host and narrator; Haney, then Tiger Woods' coach; Bill Rogers, British Open winner and PGA Player of the Year in 1981; and LPGA Hall of Famer Carol Mann, as spokesperson ...
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Ashworth (clothing)
Ashworth is a United States clothing brand, currently owned by Newtimes Group since 2019.TaylorMade Golf’s Ashworth Brand Acquired
by Mariel Concepcion on San Diego Business Journal, 11 Sep 2019
The brand is focused on a wide range of clothing such as s, s, s, cardigans,

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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must c ...
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