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Worldwide Golf

has completed a majority recapitalization led by Capitol Hill Group

Worldwide Golf Shops is a leading golf retailer and e-tailer in the United States. Founded in 1984 by Craig McCallister, the Company has grown from one retail store in San Diego to 81 stores nationwide. The Company operates under seven regional sub-brands including Edwin Watts, Roger Dunn, Golf Mart, Van’s Pro Golf Shops, Golfer’s Warehouse, Uinta Golf, and Las Vegas Golf Superstore. Over its 35-year history, Worldwide Golf Shops has gained a loyal following with golf enthusiasts and maintained its dominant position in the marketplace. 

The Sage Group was engaged by Worldwide Golf Shops to explore possible M&A opportunities. After extensive market research, the Company decided on a recapitalization led by Capitol Hill Group, a private investment firm, among others. Al Morris will remain on the Board and as CEO of Worldwide Golf Shops.

Choosing the Sage team to represent the company through our sale process was one of the best business decisions we have ever made. The Sage team really dug into our business, found the right partner and transaction for us, and managed every step of the process from the very beginning up to and including post close follow-up assistance. They always had our best interests in mind, and became true friends. I would highly recommend Sage to any business looking for a sale or liquidity event,

– Al Morris, CEO