July 29, 2016 1:21 PM ET

Hotels, Restaurants and Leisure

Company Overview of Topgolf International, Inc.

Company Overview

Topgolf International, Inc., doing business as Topgolf Entertainment Group, operates golf entertainment facilities for non-golfers in the United States and the United Kingdom. The company offers amenities and services, including hitting bays, food and beverage services, monthly memberships, gift cards, space for events, games, leagues, live music, mini golf, academy, online games, and tournaments. It serves visitors from the United States, the United Kingdom, and internationally. The company was founded in 2000 and is based in Dallas, Texas.

8750 North Central Expressway

Suite 1200

Dallas, TX 75231

United States

Founded in 2000

Phone:

214-377-0615

Key Executives for Topgolf International, Inc.

Chief Executive Officer and Co-Chairman
Age: 57
Chief Executive Officer
Age: 55
Chief Financial Officer
Director of Human Resources
Director of Golf Services and Director of Brand Management
Compensation as of Fiscal Year 2016.

Topgolf International, Inc. Key Developments

Topgolf International unveils Edison as its first location planned in New Jersey

Topgolf International unveiled Edison as its first location planned in New Jersey. Topgolf has begun construction on the 65,000-square-foot venue, which is expected to open to the public in December or early 2017. Topgolf Edison will be in the Hartz Mountain Industries, Inc.Edison Towne Square development on Route 1, just a mile south of the intersection of the New Jersey Turnpike and I-287. The new three-level location will include up to 3,000 square feet of private event space and 102 climate-controlled hitting bays that can host up to six players at one time. Shor estimates that Topgolf Edison will serve approximately 450,000 visitors in its first year of operation. Nearly half of all Topgolf guests describe themselves as non-golfers.

Topgolf International to Open Las Vegas Location in May 2016

Topgolf International announced that its Las Vegas location will open this May 2016 at MGM Grand Hotel and Casino. The 105,000-square-foot golf entertainment venue plans to hire for more than 850 positions. The four-level Topgolf Las Vegas will feature five bars, two kitchens, a concert venue, two swimming pools, intimate private event spaces, a retail shop, a Callaway club fitting center and 108 climate-controlled hitting bays.

Topgolf International Opens Doors to a Third Location in Virginia

Topgolf International opened its doors to a third location in Virginia on December 28, 2015. The new 65,000-square-foot venue is the company's 24th worldwide.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 24, 2016
Protracer AB
Private Placement
February 22, 2016
--
Merger/Acquisition
January 27, 2016
World Golf Tour, Inc.
 

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