Carl’s Place
Carl’s Place is a leading developer, manufacturer, and distributor of fully customizable golf simulator packages and products. Established in 2006 and headquartered in Milton, Wisconsin, the Company offers a range of proprietary branded products including enclosures, hitting mats, and impact screens, alongside golf technology products such as launch monitors to create complete golf simulator packages. Carl’s Place has established a unique customer experience focused on flexibility and ease, with sales channels that include Direct-to-Consumer (B2C), distribution partners, resellers, and an affiliate program featuring prominent social media influencers and sponsors.
After several years of exponential growth, the Company’s ownership aimed to explore strategic alternatives to meet their liquidity objectives while ensuring the business’s long-term success. PPC was retained to lead a comprehensive engagement that included a confidential and targeted outreach process with strategic organizations and private equity firms with substantial experience in consumer products, golf, recreation, and related sectors. After gathering preliminary offers from several competing parties, PPC helped negotiate a Letter of Intent with Merit Capital Partners and Fulton Capital. PPC managed the entire engagement and successfully closed this transaction in the first quarter of 2025 marking another successful Done Deal for our firm. Read Press Release