Established in 2006, Carl’s Place has evolved into one of the leading national brands for competitively priced, Do-It-Yourself golf impact screens, custom golf simulator enclosures, and complete golf simulator packages sold primarily into consumer markets. Through a strong marketing presence, genuine customer engagement, and a breadth of products and styles, Carl’s Place has developed and curated a unique customer experience centered around flexibility and ease. The Company’s growth has been supported by a successful direct B2C eCommerce platform and a growing network of distribution partners that serve as resellers of the entire line of Carl’s Place products.
As a pioneer in the DIY Golf Simulator marketplace, the Carl’s Place brand is respected across a variety of channels as reinforced by the Company’s continued strong revenue growth. After completing another record year in sales, Carl’s Place sought to align the business with a financing partner that could support the Company’s continued expansion. Carl’s Place engaged Promontory Point Capital as its investment banker to evaluate a variety of financing options for the business and ultimately PPC helped close a new financing arrangement with Old National Bank. The new senior debt financing package for Carl’s Place closed during the third quarter of 2022 and represented another successful Done Deal for our firm.