1/25/2024 0 Comments Foresight golf![]() Their industry knowledge and experience will be invaluable.” We are excited to be partnering with all4golf for the next part of our journey. We’ve exceeded our own expectations and couldn’t be happier with the help and guidance we’ve received from Foresight. It represents the fourth successful realisation by Foresight’s Private Equity team in the last 12 months, cementing their position as one of the most active SME investors in the UK market.īen Reeves, CEO of Clubhouse Golf, said: “Foresight has supported Clubhouse on its journey to become the UK’s leading online retailer for golf enthusiasts. This successful exit, terms of which are undisclosed, delivered six times return for the Fund’s investors. ![]() The Company has increased staff numbers by 50% since Foresight’s investment, making a positive social impact in the local area. During the last three years the business has launched a new website and delivered an effective marketing strategy through social media channels. ![]() Since the Fund made its original investment in February 2017, Clubhouse has more than doubled its revenue to almost £30 million, with strong growth in the UK and a successful expansion into the European market. It stocks the majority of golf brands and offers a direct to customer proposition centred around a bigger choice for better value with an industry leading service. Manchester-based Clubhouse Golf is the leading online retailer of golf equipment. This represents the first exit for the £58 million Foresight Regional Investment LP (“the Fund”), which supports small businesses in the North West of England and North Wales and which, since launch in 2016, has invested in fifteen companies to date. Manchester, 20 April 2020: Foresight Group LLP (“Foresight”), a leading independent infrastructure and specialist regional private equity investment manager, is pleased to announce the successful sale of Clubhouse Golf (“Clubhouse” or “the Company”), the UK’s largest independent online retailer of golf equipment, to all4golf, a leading European ecommerce business focused on golf.Ĭlubhouse has found a strong strategic partner in all4golf and together will look to become the pan-European market leader for golf equipment.
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