All Brands Owned by Leonard Green & Partners, L.P.

How much of Topgolf does Leonard Green own?
Funds managed by Leonard Green own 60% of Topgolf and Toptracer. The ownership became effective January 1, 2026.

Who owns the other 40% of Topgolf?
Callaway Golf Company retained 40%. It was previously named Topgolf Callaway Brands.

How much was the Topgolf transaction worth?
The transaction valued Topgolf at approximately $1.1 billion. Callaway reported about $800 million of net cash proceeds from the sale and related financing transactions.

Is Leonard Green publicly traded?
No. Leonard Green & Partners is a private partnership.

Does Leonard Green operate Topgolf venues?
Topgolf has its own management. Leonard Green exercises owner oversight through governance and board rights.

When did the Topgolf sale close?
The sale became effective January 1, 2026. Callaway announced completion on January 5, 2026.