Versant Media to Acquire Golf Tech Firm Full Swing for $530 Million
By
Brian Steinberg
Summary
Versant Media, the company behind Golf Channel and GolfNow, announced plans to acquire Full Swing, a sports technology firm specializing in golf simulators and performance data, for $530 million in cash from Bruin Capital and minority investors. The acquisition aims to strengthen Versant's direct-to-consumer golf business, reflecting a broader trend of media companies diversifying revenue streams beyond traditional advertising and subscriptions.
Source
VarietyVersant Media to Acquire Golf Tech Firm Full Swing for $530 Millionvariety.comKey quotes
· 2 pulledIn an era when more traditional media companies are looking beyond the usual flows of revenue, Versant on Monday unveiled plans to purchase Full Swing...
The purchase will bolster Versant's growth in the direct-to-consumer golf space.
You might also wanna read
Versant Media Group Acquires Sports Tech Firm Full Swing for $530 Million
Versant Media Group has acquired sports technology company Full Swing for $530 million in cash. Full Swing produces hardware and software fo
Deadline·4h agoVersant Inks $530 Million Deal for Sports Tech Company Full Swing
Berkshire Hathaway acquires Taylor Morrison for $8.5 billion in all-cash housing deal
Berkshire Hathaway has agreed to acquire homebuilder Taylor Morrison in an all-cash deal valued at approximately $8.5 billion, paying $72.50
cnb.cx·1mo ago
Meta spins off VR fitness app Supernatural into independent company after $400M acquisition and FTC battle
Meta spent approximately $400 million to acquire Within, the studio behind the VR fitness app Supernatural, after an eight-month antitrust b
thenextweb.com·1mo ago
Weekly Portfolio Update: €971K Stock Value, Dividend Income & New Purchases
A weekly investment portfolio update showing a total stock portfolio value of €971,581. The update lists purchases of 40 Comcast and 8 Accen
finveztor.com·8d ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.