Category: News

CONTINUED EXPANSION: TOPGOLF AND FRANCHISE PARTNER ANNOUNCE DEVELOPMENT PLANS FOR NEW VENUES THROUGHOUT SOUTHEAST ASIA

Jan 6, 2021

Partnership will bring multiple Topgolf entertainment venues to six additional countries

DALLAS, Jan. 6, 2021 /PRNewswire/ — Topgolf Entertainment Group, a global sports and entertainment company, alongside franchise partner TG SEA Development Pte., Ltd, Singapore (TG SEA), announced today plans to develop Topgolf venues across Southeast Asia. With this partnership, TG SEA will introduce the Topgolf experience to multiple countries across the region including Singapore, Thailand, Malaysia, Vietnam, the Philippines and Indonesia.

“Today’s announcement is a significant one for us. We’re thrilled to work alongside TG SEA to bring the coveted Topgolf experience to several new countries across Southeast Asia,” said Topgolf Vice President of International Strategy & Franchise Management Steve Lane. “One of our top priorities has been to expand our presence in Asia and we can’t wait to introduce Topgolf’s unique and technology-driven experience to more communities across the globe.”

Topgolf has long been a leader in the sports and entertainment industry and is credited with growing the sport of golf by attracting new fans through fun and meaningful experiences. Topgolf venues across the world offer a variety of entertainment options, featuring outdoor hitting bays, craft food and beverage offerings stemming from chef-inspired menus, and corporate and social event space.

“We’re very excited to be partnering with Topgolf and expanding this leading sports entertainment brand into Southeast Asia. We look forward to bringing a multitude of new venues to countries across this region that have not yet had a chance to experience anything like Topgolf,” said TG SEA Managing Director Andrew Nathan.

This announcement is the latest example of Topgolf expanding its global footprint, which also has franchise venues in Gold Coast, Australia; Dubai, U.A.E.; and Monterrey, Mexico. Topgolf currently has over 60 venues in five countries as it works to create moments that matter for people from all walks of life and make the game of golf more accessible and inclusive for all.

For more information about Topgolf, including Topgolf’s Commitment to Play Safely, please visit www.topgolf.com or follow @Topgolf on Facebook, Twitter, Instagram and LinkedIn.

About Topgolf Entertainment Group

Topgolf Entertainment Group is a technology-enabled global sports and entertainment community that connects people in meaningful ways through the experiences we create, the innovation we champion and the good that we do. What started as a simple idea to enhance the game of golf has grown into a movement where people from all walks of life connect at the intersection of technology and sports entertainment. Topgolf Entertainment Group’s platforms include Topgolf venues, Topgolf Media, Topgolf International, Toptracer and Topgolf Swing Suite. Follow @topgolf on Instagram, Facebook, Twitter and LinkedIn, or visit the Topgolf Press page for the latest news.

About Topgolf Venues

Topgolf venues, the first brand experience of Topgolf Entertainment Group, connect people in meaningful ways through technology, food and beverage, and the belief that Topgolf is a place where one can discover common ground no matter the occasion. These venues feature high-tech gaming, climate-controlled outdoor hitting bays, a chef-driven menu, hand-crafted cocktails, music, corporate and social event spaces, and more. Topgolf venues entertain more than 20 million guests annually at over 60 locations across the U.S. and internationally.

About TG SEA

TG SEA Development, Pte. Ltd., the exclusive developer and franchisee for Topgolf across Southeast Asia, was founded and is led by the principals of Parkview Entertainment & Leisure, JLM Financial Partners (JLM) and Chaucer Global; the same sponsors of SEAL, the exclusive developer and franchisee of Topgolf in Greater China. Tony Hwang of the Hong Kong based developer, Parkview Group, serves as the Chairman of TG SEA. JLM, led by Larry Meyer, Trey Owen, Jeff Ezell and Andrew Hirsekorn, is an Austin, Texas based private investment firm focused on multi-unit and scalable businesses in the U.S. and Asia with a primary focus on health and wellness, lifestyle/entertainment, and recreation. Chaucer Global, whose founder Joe Canterbury played a key role expanding Starbucks across Asia and the world, invests in and helps consumer and lifestyle brands expand across the U.S. and Asia.

Media Contact:

Kara Barry

Head of Communications

E-mail: press@topgolf.com

The Recreational Group Acquires Engineered Turf, A Leader in Synthetic Turf Manufacturing

Dalton, Ga. (Aug. 14, 2020) — The Recreational Group, a leading provider of residential and commercial surfacing products, has acquired Engineered Turf Inc., a fast-growing, customer-centric manufacturer of synthetic grass used in commercial and residential landscape, sport and putting green applications.

Engineered Turf manufactures high-quality grass in more than 20 varieties, used for athletic fields, playgrounds, putting surfaces, lawns, pet care and more. All the products made in the Dalton, Ga. manufacturing facility use materials sourced from companies in the United States. Engineered Turf has managed to double their sales even through the pandemic.

The Recreational Group (RG) oversees a diverse line of American made surfacing solutions, including XGrass, Tour Greens, VersaCourt and Swisstrax. The acquisition allows for vertical integration of all synthetic grass products from fiber through tufting to installation, which will result in enhanced quality control and product innovation.

Engineered Turf CEO, John Tidwell has been in synthetic turf for more than 20 years. Founded on the principle putting relationships first, customers choose Engineered Turf for the high level of customer service and because it has remained true to its small business roots.

“We are thrilled John trusted RG as his partner to take Engineered Turf to the next level,” said Ron Bennett, CEO, RG. “Engineered Turf in a very short amount of time has earned its reputation as the preeminent synthetic turf manufacturer. We have the expertise, the capital and the relationships to continue to grow this remarkable and expanding business.”

Tidwell will remain as President of Engineered Turf, with Stacey Hewitt staying on as Vice President of Manufacturing, and Shawn Keeter remaining as Vice President of Sales.

“I was impressed with RG from the beginning, especially its leadership and capabilities, to take our customer focused model further and faster throughout the market,” said Tidwell. “We will continue to concentrate on our clients and delivering the best manufacturing solutions, while RG will be critical in growing our footprint, improving our marketing and tightening our supply chains. This partnership will help us enhance our overall offering directly to the consumer and the flooring industry as a whole.”

RG continues to look for add-on acquisitions across a range of verticals within the recreational surfacing industry, including artificial turf and modular flooring. Because the company is vertically integrated, it is seeking to add installation companies, dealerships, manufacturing entities and brand names to its organization.

RG opened a 21,000-square foot showroom and distribution center in central Florida and entered into a partnership with Turf Tek USA to become the exclusive seller of XGrass residential and commercial surfacing products in New York, New Jersey and Connecticut in the second quarter. The company acquired SwissTrax, the leading provider of plastic tiles used as floor covering in garages, hangars, and event spaces, late last year.

About RG

The Recreational Group is a leading provider of recreational surfacing products including artificial turf used for playground, golf and landscaping needs, outdoor and indoor sport tile, garage tile, wood flooring, and safety foam for use underneath synthetic turf. Learn more by visiting www.recreationalgroup.com.

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Media Contact:

Thornton Kennedy

PR South

C | (404) 210-0363

thornton@prsouth.net

Topgolf Entertainment Group Announces Major Expansion in Asia Through New Franchise Partnership

Global sports and entertainment community to open venues in Greater China (including Mainland
China, Hong Kong, Macau and Taiwan) and the Philippines

DALLAS, Nov. 12, 2019 /PRNewswire/ — Topgolf Entertainment Group, a global sports and entertainment community, continues its global expansion by entering into a franchise agreement with Sports Entertainment Asia, H.K. Limited (SEAL) with plans to open venues in Greater China (comprising Mainland China, Hong Kong,Macau and Taiwan) and the Philippines.

“This franchise partnership marks a pivotal step in the Topgolf growth story. We take a bold and purposeful approach to connecting communities around the globe, and one of the ways we are doing this is through strategic partnerships to expand our presence in international markets,” said Topgolf Chief Executive Officer Dolf Berle. “The SEAL management team has extensive experience developing iconic hospitality brands as well as food and beverage brands in this region, and we are thrilled to see this partnership come to fruition.”

Through this agreement, each Topgolf venue will be owned and operated by SEAL, which is comprised of Hong Kong-based Parkview Leisure & Entertainment Company Ltd., and SEAL TG US, LLC, led by JLM Financial Partners and Chaucer Global, both of which have extensive experience developing leading brands in the U.S. and across Asia. The SEAL franchise leaders are in active pursuit of premier destinations to highlight Topgolf’s special blend of technology and entertainment that builds and connects communities.

“We view Topgolf as an ideal entertainment destination across Greater China with a broad appeal for families, youth, companies and people of all ages wanting to connect and have fun together,” said SEAL Chairman Tony Hwang. “We are incredibly excited to be partnering with Topgolf and expanding its global sports and entertainment community to our markets.”

Currently, Topgolf operates 57 venues worldwide including 53 in the U.S., three in the United Kingdom and one in Australia. Plans are also underway to open new venues in additional U.S. and U.K. markets, as well as Mexico, Dubai and Canada. Topgolf also recently announced plans to expand in central Europe in partnership with another new franchise partner.

“We see significant white space for Topgolf’s global growth and are looking forward to expanding our technology-driven experience in new regions around the world,” said Topgolf Entertainment Group Executive Chairman Erik Anderson. “To have attracted a partner as experienced as SEAL is a testament to Topgolf’s growth journey over the last 20 years driven by unmatched experiences.”

At Topgolf venues, Guests can create meaningful experiences and discover common ground through friendly competition and fun, no matter the occasion. Venues feature a chef-driven menu, hand-crafted cocktails, live music, high-tech gaming, corporate and social event spaces, and more.

For more information about Topgolf, please visit www.topgolf.com or follow @Topgolf on Facebook, Twitter,Instagram and LinkedIn.

ABOUT TOPGOLF ENTERTAINMENT GROUP
Topgolf Entertainment Group is a global sports and entertainment community that connects nearly 100 million fans in meaningful ways through the experiences we create, the innovation we champion and the good that we do. What began as a technology that enhanced the game of golf now encompasses a range of unmatched experiences where communities can discover common ground at brand expressions including Topgolf venues, Lounge by Topgolf, Toptracer, Toptracer Range, Topgolf Swing Suite, Topgolf Studios, Topgolf Live, World Golf Tour (WGT) by Topgolf and Driving for Good.

ABOUT TOPGOLF VENUES
Topgolf venues, the first brand expression of Topgolf Entertainment Group, connect communities of fans in meaningful ways through technology, entertainment, food and beverage, and the belief that Topgolf is a place where one can discover common ground no matter the occasion. These venues feature high-tech gaming, climate-controlled hitting bays, a chef-driven menu, hand-crafted cocktails, music, corporate and social event spaces, and more. Topgolf venues entertain more than 20 million guests annually at nearly 60 locations across the U.S. and internationally.

ABOUT SEAL: SPORTS ENTERTAINMENT ASIA, LTD., HONG KONG (SEAL)
SEAL, the exclusive developer and franchisee for Topgolf across Greater China, was founded and is led by the principals of Parkview Entertainment & Leisure, JLM Financial Partners (JLM) and Chaucer Global. Parkview Entertainment & Leisure was founded by Tony Hwang of the Parkview group, who serves as the Chairman of SEAL. JLM, led by Larry Meyer and Trey Owen, is an Austin, Texas based private investment firm focused on multi-unit and scalable businesses in the U.S. and Asia with a primary focus on health and wellness, beauty, lifestyle/entertainment, as well as recreation. Chaucer Global, whose founder Joe Canterbury helped expand Starbucks across Asia and the world, invests in and helps expand high potential consumer & lifestyle brands across the U.S. and Asia.

Media Contact:
Kara Barry
Head of Communications
Ph: 214-501-5028
E-mail: press@topgolf.com

SOURCE Topgolf Entertainment Group


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http://press.topgolf.com/2019-11-12-Topgolf-Entertainment-Group-Announces-Major-Expansion-in-Asia-ThroughNew-Franchise-Partnership

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