- July 1, 2021
- Posted by: Stratford Team
- Category: Business
Sports-management agency SPORTFIVE is expected to announce Thursday its acquisition of Chicago-based golf event management firm Global Golf Management, Golf Digest has learned. The deal, confirmed by both parties, expands the SPORTFIVE golf-event portfolio, part of its recent strategy to grow its golf business beyond player representation and its own event management position.
Terms were not disclosed. Negotiations had been in the works for several months.
Founded in 1989, Global Golf Management has staged, or assisted with operations at, nearly 1,000 worldwide tournaments, including events on the PGA Tour (including this week’s Rocket Mortgage Classic in Detroit), LPGA, Korn Ferry Tour and PGA Tour Champions. It also manages and conducts corporate, collegiate and charity outings and other golf-related ventures. In addition to operations at numerous…
