Overview

• L. A.B. Golf finalized the sale of a majority stake to consumer-focused private equity firm L Catterton at a valuation exceeding $200 million.
• Founder Sam Hahn and the core management team will remain in their roles, with the chief financial officer departing as planned.
• The deal follows a surge in demand after J. J. Spaun’s record-tying 64-foot birdie putt at the U.S. Open drove unprecedented sales and social media attention.
• L Catterton, whose portfolio includes Birkenstock and Just Food for Dogs, emphasized long-term brand growth over a quick resale.
• Some customers voiced skepticism on social media about private equity ownership, prompting commitments to preserve L. A.B. Golf’s customer-centric ethos.