TXG Sold?

[ginrin]

Rumour or fact? I read on another website that TXG was sold to Club Champion. Anyone know?

[Pingeye2_fan]

Rumour or fact? I read on another website that TXG was sold to Club Champion. Anyone know?

What was the site?

[Mr22putt]

What was the site?

https://forums.golfwrx.com/topic/185...on-bought-txg/

[pchyen]

MGS has a thread

[Pingeye2_fan]

https://forums.golfwrx.com/topic/185...on-bought-txg/

Thanks, interesting wonder if this is Club Champion trying to expand beyond the USA.

Maybe a merger type deal?

[rgk5]

I'll see what I can find out and report back. I hope it is not a complete sell out to CC and forcing Matt, Ian, Mike and the boys to exit stage left.

[smc66]

From TXG's IG Story ... seems like there is truth to the rumour?

https://scontent.cdninstagram.com/o1..._nc_sid=276363

[rgk5]

From TXG's IG Story ... seems like there is truth to the rumour?

https://scontent.cdninstagram.com/o1..._nc_sid=276363

All that yields is a Logo.

[smc66]

All that yields is a Logo.

Sure. But it would imply that some sort of deal/partnership with Club Champion will be announced?

[rgk5]

Perhaps.

[ginrin]

One would think the Ian being the force behind TXG has to be part of the deal.

[smc66]

More here ...
https://www.thehackersparadise.com/forum/index.php?threads/club-champion-acquires-txg.8936616/

“We are incredibly excited to bring Ian and his crew into the Club Champion family,” said Nick Sherburne, co-founder of Club Champion. “We’re looking forward to bringing the best of both our capabilities together to serve every golfer.”

This integration marks the first time that Club Champion will bring their club fitting services beyond USA borders. Simultaneously, this represents a massive opportunity for the TXG brand; the intent behind this merger is to further expand custom club fitting services across the Canadian golf market and to bring some crossover to the fitting content available for all golfers from both brands.

“There has always been a mutual admiration between TXG and Club Champion,” said Ian Fraser, TXG’s founder. “We share a similar belief that every golfer deserves the best possible equipment for their game, and now we get to work together to further that message.”

The online presence of both brands will be bolstered by this acquisition and allow for both to expand their content capabilities. Club Champion has an in-house studio and production crew, while Fraser and his team have built an incredible digital platform through social channels, including YouTube. TXG has amassed millions of views across the digital board, with 175K subscribers on YouTube alone at the time of publication. Their existing content strategy will lend itself well to Club Champion’s growing presence, and both brands will lean on each other to produce even more quality content for golfers of all levels.

“We’ve got a podcast, they’ve got a podcast. They’ve got awesome video content and we’ve only just started dipping our toes into that lake,” says Adam Levy, CEO of Club Champion. “This partnership is about so much more than just the masterful club fitting and building services we both offer. It’s about bringing two of the most prominent names in the golf equipment industry together to promote the best possible clubs, the best possible experience, and the best possible service you can find this side of a Tour card.”

[prov86]

They just touched on the topic on their YouTube livestream. Confirmed. Announcement tomorrow.

[Pingeye2_fan]

They just touched on the topic on their YouTube livestream. Confirmed. Announcement tomorrow.

Yes, sounds like a buyout but TXG will continue to operate as TXG under the CC umbrella.
Goal is to expand in to other provinces.

[smc66]

Yes, sounds like a buyout but TXG will continue to operate as TXG under the CC umbrella.
Goal is to expand in to other provinces.

This is bad news for Modern Golf, IMO.

Am I allowed to say that here, since Modern Golf is a TGN sponsor?