Rantum Capital grants subordinated loan for the acquisition of Clubhouse Golf by All4Golf, a portfolio company of Afinum
As of today, Rantum Private Debt Fund II has granted a subordinated loan to the e-commerce specialist All4Golf from Hanover. The use of the funds is the acquisition of the British company Clubhouse Golf. Both All4Golf and Clubhouse Golf are leading e-commerce companies for golf in their markets. The transaction will create the market-leading e-commerce platform in the golf equipment segment in Europe.
Marc Pahlow, Managing Director of Rantum Capital, said: “We are pleased to support Afinum and All4Golf in building the European champion in golf e-commerce. E-commerce in the golf sector is characterized by customers’ preference for specialized online retailers as opposed to generalists due to the high specificity of the products.”
The law firm Kirkland & Ellis (Wolfgang Nardi and Fabrice Hipp) served as legal advisors to Rantum Capital.