Gillian Tan, Columnist

Your Lost Golf Balls Bode Well for This IPO

Titleist's owner Acushnet is in the business of replacing them.

June 20, 2016 at 5:44 PM UTC

Gillian Tan is a senior reporter covering finance and alternative asset classes including real estate, infrastructure, private equity, private credit, venture capital and sports business. She previously wrote an opinion column for Bloomberg and was a reporter at the Wall Street Journal. She is a qualified chartered accountant.

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The maker of Titleist golf balls is teeing up an IPO.

Acushnet, the company behind the best-selling balls and other golf gear, filed to go public Monday. The timing is good: Callaway Golf, its smaller rival and closest comp in the public market, is trading near an eight-year high. And because of your bad golf shots, Acushnet may well command a premium valuation to Callaway.