Transaction Announcement

TravisMathew Acquired for $125.5 Million

TravisMathew LLC, a fast-growth, iconic men’s sportswear and accessories company, has been acquired by Callaway Golf Company (NYSE: ELY) for $125.5 million—11.8 times TravisMathew’s projected 2017 EBITDA. Moss Adams advised TravisMathew’s shareholders on this transaction.

TravisMathew was formed in 2007 by two PGA Tour professionals who saw an opportunity to provide casual and performance apparel to male consumers that could be worn on and off the golf course. The founders built an organization focused on exceptional people, quality products, and outstanding customer service. Today, the brand is sold in department stores, high-end country clubs and resorts, and TravisMathew’s experiential retail stores and website.

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To learn more about our investment banking services—including mergers and acquisitions, deal advisory, strategic alternative evaluations, and financing—contact your Moss Adams professional or visit our Investment Banking page.

For more information regarding this deal, please contact:

Rich Anderson, Managing Director | (949) 221-4006
Tyler Dale, Vice President | (949) 221-4030
James Parr, Associate | (949) 221-4099