Sun Mountain Sports, a longtime leader in the golf bag, walking cart, and outerwear spaces has been sold to Solace Capital Partners.
Sun Mountain, headquartered in Missoula, Montana was established in 1981 by Rick Reimers.
“For 40 years, Sun Mountain has watched and listened to golfers and worked diligently to create products that make the sport a more enjoyable experience,” said Reimers. “I am proud of the patents we have earned, the innovations we have ushered in, and the lifelong friends I have made along the way. Solace brings a shared sense of values and deep appreciation for the brand, and I am confident that under Ed’s and the Sun Mountain team’s leadership, the company’s best days are ahead.”
Initial indications are that the Sun Mountain management team will stay in place. More than 200 people are employed by the company.
Terms of the transaction were not disclosed.
From today’s Press Release: “Solace Capital Partners is a Los Angeles-based private investment firm that provides flexible debt and equity solutions for established lower middle market businesses. Solace seeks to leverage its extensive expertise to provide financial stability, lead operational improvements, and drive performance growth in its portfolio companies while generating attractive risk-adjusted returns for its investors.”
Ed Kowachek, longtime Sun Mountain executive has been slated to take over as CEO.
“Our mission will always be to create original, world-class golf products that enhance our customers’ experience and performance on and off the course,” said Kowachek. “We are pleased to partner with Solace, which possesses substantial financial resources and operational expertise, to execute our mission on an even larger scale. I have been incredibly fortunate to work with and learn from Rick over the years and will strive to continue the legacy of a man who did so much to improve the sport of golf.”
Reimers will retain ownership of Sun Mountain Motor Sports, which produces electric single-rider golf carts under the Finn Scooters brand.
Birdies & Bogeys From Thursday at the TOUR Championship
ATLANTA, GA - Thursday at the TOUR Championship was full of great golf action. Let’s take a look at the birdies and bogeys of Day 1 at East Lake. BIRDIE: Patrick Cantlay Cantlay did exactly what he needed to with a first round 67. The round could have actually been...
At 48, Stewart Cink Back Among the Tour’s Elite 30
ATLANTA, GA - Stewart Cink is making his first appearance at the TOUR Championship since 2010. At 48, he’s the oldest player in the field. Cink qualified in large part thanks to his two wins this year. To win once at his age is no small feat. Two wins at his age, at...
Golf Themed License Plate Introduced by the Alabama Golf Association
The Alabama Golf Association has announced that it will offer the state’s first golf-themed license plate. Pre-commitments for the “Drive Fore the Game” plate is now being offered to residents of Alabama at an annual cost of $50 plus a $5 administration fee....
“On the Tee” Interview With Evan Schiller
No one captures the beauty of a spectacular golf hole better than Evan Schiller. For over 25 years, Evan has travelled the world photographing over 600 championship golf courses. His talent and distinctive style set him apart. It was my pleasure to recently speak with...
BIOLYTE….the IV in a Bottle
What is BIOLTYE? BIOLTYE is a rehydration drink that contains the same amount of electrolytes as an IV bag. It is marketed as “the IV in a bottle.” BIOLTYE was formulated by a physician, Dr. “Trey” Rollins. He is a practicing Anesthesiologist and Pain Specialist of 37...
Destination Golf: Pursell Farms
If great golf, luxurious accommodations, and southern hospitality are what you’re looking for, then look no further than Pursell Farms in Sylacauga, AL. The off-the-grid destination offers all of that and much more! Set on 3,200 unspoiled acres in the Central Alabama...
PENINSULA GOLF & RACQUET CLUB COMPLETES MULTI-MILLION DOLLAR RENOVATION OF GOLF COURSE AND CLUBHOUSE
Gulf Shores, Ala. (May 25, 2021) – Peninsula Golf & Racquet Club in Gulf Shores, Alabama recently completed a multi-million-dollar renovation of its award-winning golf course, clubhouse and Racquet Club. The golf course renovation project and Racquet Club...
Payne Stewart Kids Golf Foundation Created to Support Youth Golf in America
Brentwood, TN (May 21, 2021) -- The name Payne Stewart will forever be etched in our minds and memories not only as an elite golfer who won 11 PGA TOUR tournaments, including three major championships, but also as the dapper dresser in signature knickers and a flat...
Golf Digest “America’s Greatest” Courses Panelists Rank Primland as Virginia’s Top Public Golf Venue
MEADOWS OF DAN, VIRGINIA – May 13, 2021 – Golf Digest named The Highland Course at Primland, the boutique luxury resort amid 12,000 acres in the Blue Ridge Mountains, as the state’s top public-access course in its just-released “America’s Greatest Courses by State,...
THE MISSISSIPPI GOLF TRAIL MAKES ITS DEBUT
The Mississippi Golf Trail is here! The collaboration of six Magnolia State facilities from the Coast to the northern tip of the state was unveiled in late April to give golfers a guide list to play when they travel to the great state of Mississippi. Playing all of...
AWARD WINNING EUROPEAN LASER LANDS IN U.S.
From the same stable as Europe’s #1 push cart brand BIG MAX, new Laser Rangefinder brand ZOOM is introducing its award winning first model to the U.S. market. The ZOOM Focus X has swept the board in European media awards over the past 12 months with its combination of...
What Is The Best Grip For You?
by David Musial, PGAAs I work with golfers on their game, one of the first things that we assess is the positioning of the hands on the golf club. What is the best grip for the golfer? Well, golfers come in all sizes and shapes. Some players have small hands and...
