“Fortune Brands Golf Unit Sold for $1.2B”
Deal Pipeline, May 20, 2011
David Goldman, Paul Kim and Thomas Conaghan led the McDermott team that represented Fila Korea and Mirae Asset Private Equity in purchasing the Acushnet Co. golf equipment business of Fortune Brands. Acushnet Co. has some of the top brands in golf, including Titleist and Footjoy. In finalizing the successful transaction, Fila Korea as advised by the Firm reportedly beat out several private equity firms and another leading golf equipment maker.