31 Jul '12, 12pm

Golf Town and Golfsmith officially complete combining operations

TORONTO and AUSTIN, Texas -- Two golf industry giants, Golfsmith and Golf Town, have officially combined operations, creating the largest golf specialty retail business in the world. The combined business will operate under the name Golfsmith International. Golfsmith International operates 151 golf retail stores in North America - 56 in Canada and 95 in the United States. Stores located in Canada will remain branded as Golf Town and all stores in the U.S. will be branded as Golfsmith. The combination, announced on May 14, was brought together by OMERS Private Equity and joins two companies that have been serving golfers in North America for more than four decades. Golfsmith was founded in 1967 as a golf catalog business and started developing retail locations outside of Austin, Texas in the 1990s. Golf Town, founded in 1999, quickly set the standard for specialty golf reta...

Full article: http://www.worldgolf.com/newswire/browse/72248-Golf-Town-...

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