TaylorMade’s Ownership Dispute Heats Up

Summary

• Centroid Investment Partners, TaylorMade’s current owner, hired JPMorgan and Jefferies to explore a sale of the company
• F&F Holdings, a Korean retail giant and strategic investor in TaylorMade, claims the sale violates its contractual right to approve or purchase the company first
• F&F has hired Goldman Sachs to launch its own acquisition bid while threatening legal action, setting up a high-stakes ownership battle

While TaylorMade staffer Scottie Scheffler was busy sealing his first Claret Jug—and his legacy as a generational force—last weekend, changes continue to brew behind the scenes at the Carlsbad-based OEM.

Back in May, it was reported that TaylorMade was up for sale by its current owners, a Korean private equity firm called Centroid Investment Partners. But now, a spanner has been thrown in the works by F&F Holdings.

The Korean retail giant contributed $400 million USD to Centroid’s 2021 acquisition of TaylorMade, under the condition that it would have final say in any future sale of the company, according to F&F. Now, in 2025, as Centroid taps JPMorgan and Jefferies to shop the brand, F&F says the firm is in breach of that original agreement.

They’ve since hired Goldman Sachs to help mount a competing bid to purchase TaylorMade outright while simultaneously threatening legal action to hold Centroid accountable. Goldman’s involvement suggests they believe F&F has a legitimate case. So now, the two sides—Centroid and F&F—are locked in a battle for control over TaylorMade’s future.

Then again, none of that changes the fact that one of Scottie or Rory, both TM guys, is still probably your Player of the Year. So, carry on.