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Golf Industry News // How will TPG Capital & Symphony Ventures accelerate Troon’s growth? (golfbusinessmonitor.com)

Troon has signed a definitive agreement for TPG Capital, the private equity platform of alternative asset firm TPG, to make a significant strategic investment in the company. TPG Capital is joined by Symphony Ventures, the investment fund of professional golfer Rory McIlroy, who has agreed to invest in the company in partnership with TPG.

Existing investor Leonard Green & Partners (“LGP”) will retain a significant investment in the business.

Tim Schantz, CEO of Troon says

“The investment from TPG, a leading investor and business builder, is a testament to the quality and strength of our offering. We look forward to working with them and the team at LGP to continue accelerating our growth while providing even more resources for our valued clients and partners.”

TPG has significant experience in the travel and leisure space, having invested in dynamic brands like Airbnb, Life Time…

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