Paul, Weiss client KPS Capital Partners won Buyouts magazine’s “Turnaround Deal of the Year” award for 2022 for its revamp of portfolio company TaylorMade Golf Company, Inc. and August 2021 sale to Centroid Investment Partners, a Seoul, Korea-based private equity firm. The recognition marks an unprecedented fifth “Turnaround Deal of the Year” for KPS since 2012.
KPS acquired Carlsbad, California-based TaylorMade, a leading global designer and manufacturer of high-performance golf equipment, in 2017 from adidas AG and transformed the company into a fully independent, focused golf equipment company that achieved market leadership in all its key product categories and experienced the highest growth rates in the industry. Paul, Weiss represented KPS in both the acquisition and sale of TaylorMade.
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