DLA Piper Aids South Korea Private Equity Firm’s TaylorMade Buy

DLA Piper advised Seoul, South Korea-based private equity firm Centroid Investment Partners on its agreement to acquire the TaylorMade Golf Company Inc. from New York-based KPS Capital Partners LP.

Korean law firm Kim & Chang also advised Centroid, according to a statement.

Financial terms were not disclosed for the transaction, expected to close later in the year. A report in the Korea Economic Daily said the deal was worth an estimated 1.8 trillion won ($1.6 billion), without saying where it got the information.

Established in 1979, Carlsbad, Calif.-based TaylorMade manufactures golf equipment, balls, bags and accessories. Korea is the world’s ...