Golf-Loving Investor Behind Tiger Woods Deal Seeks More M&A

Just after Centroid Investment Partners purchased golf equipment maker TaylorMade in 2021, the founder of the South Korean investor visited a Dick’s Sporting Goods close to TaylorMade’s headquarters in Carlsbad, California.

“I had a chance to talk with a store clerk about this and that regarding golf clubs,” said Jinhyeok Jeong in an interview with Bloomberg News. “Suddenly store clerk said ‘Oh, did you know TaylorMade just recently got acquired buy a Korean firm?’”

“‘That’s me,’ I said. But the store clerk didn’t believe me.”

Jinhyeok Jeong

Photographer: Jean Chung/Bloomberg

Centroid, headquartered in Seoul, has quietly become a major investor in the golfing industry, ...