TaylorMade sold to KPS for $425 Million and adidas isn’t Laughing All The Way
Adidas AG has agreed to sell golf brands TaylorMade, Adams Golf and Ashworth to private-equity firm KPS Capital Partners for $425 million, after a year on the market. Source: Adidas Sells TaylorMade and Other Golf Brands to KPS for $425 Million A few months ago TaylorMade added Tiger Woods to the roster and I noted…