KPS Capital To Sell TaylorMade to Centroid Investment Partners

Paul, Weiss is advising KPS Capital Partners, LP in the sale of its portfolio company TaylorMade Golf Company, Inc. to Centroid Investment Partners, a Seoul, Korea-based private equity firm. KPS acquired Carlsbad, California-based TaylorMade, a leading global designer and manufacturer of high-performance golf equipment, in 2017 from adidas AG and transformed the company into a fully independent, focused golf equipment company that achieved market leadership in all its key product categories and experienced the highest growth rates in the industry. Terms of the transaction were not disclosed.

The Paul, Weiss team includes, among others, corporate partners Angelo Bonvino and Greg Liu and counsel Erika Detjen; intellectual property partner Charles Googe and counsel Michael Kurzer; tax partner David Mayo; real estate partner Peter Fisch and counsel Barry Langman; executive compensation counsel Nicole Tark; antitrust counsel Marta Kelly; litigation counsel Steven Herzog; international trade counsel Richard Elliott; and environmental counsel William O'Brien.