JUPITER, Fla.–(BUSINESS WIRE)–20 Majors, LLC, an investment group led by Jack Nicklaus, TWG Global and Nicklaus Brown, has completed acquisition of the businesses of Nicklaus Companies, LLC, a premier golf experience company Mr. Nicklaus founded over 50 years ago.
The acquisition has reunited Mr. Nicklaus with the images and marks reflecting his extraordinary career, most notably the Golden Bear. It has also brought Mr. Nicklaus’ current design projects into Nicklaus Design, the company through which he had become one of the most honored and prolific golf course designers in the history of the game.
“I am truly pleased to join forces with TWG Global to market the Nicklaus brand and expand upon the great success of Nicklaus Design’s golf course design business,” Mr. Nicklaus said. “The opportunities are great and the future is bright.”
The association with Jack Nicklaus and his related brands is a notable addition to the growing portfolio of TWG Global and its principals, which includes the Los Angeles Dodgers, Los Angeles Lakers, Professional Women’s Hockey League, and Cadillac Formula 1 Team.
“While this moment is about the future,” Mr. Nicklaus added, “my family and I will be eternally grateful to our attorneys at Stearns Weaver Miller whose passionate advocacy on our behalf over the last four years made the seemingly impossible possible. Gene Stearns, Matt Buttrick, Cecila Simmons and Albert Lichy never stopped working and never stopped believing.”
About 20 Majors
For more than 50 years, the Nicklaus name and brand has been the gold standard in golf, delivering quality branded products and services on a global basis that mirror the high standards established in the career and life of its founder. 20 Majors’ business lines will continue to include golf-course design, golf and real estate community development, and the marketing and licensing of lifestyle products worldwide under the iconic Jack Nicklaus and Golden Bear brands. Nicklaus Design, recognized as the world leader in golf-course design, has created over 420 courses worldwide, open for play in 45 countries and 40 U.S. states.
About TWG Global
TWG Global is a diversified holding company that operates and invests in businesses with untapped potential and guides them to new levels of growth. TWG Global has interests across financial services, insurance, AI and technology, sports/media/entertainment and energy. The portfolio of TWG Global and its principals includes Guggenheim Investments, Guggenheim Securities, Group 1001 Insurance, and prominent sports properties such as the Los Angeles Dodgers, Los Angeles Lakers, Professional Women’s Hockey League, and Cadillac Formula 1 Team.
Contacts
Scott Tolley
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