Foresight delivers 6x return with sale of Clubhouse Golf to all4golf

Wed, 22 Apr 2020 | BUSINESS SALE

Foresight Group LLP has completed the successful sale of Clubhouse Golf to all4golf, the fourth successful exit for Foresight’s Private Equity team in the past twelve months.

The sale represents the first exit for Foresight’s £58 million Foresight Regional Investment LP (“the Fund”) The Fund was launched in 2016 to support small businesses in the North West of England and North Wales, investing in 15 companies to date.

The terms of the deal were undisclosed, but it delivered six times return for the Fund’s investors. Since Foresight’s original investment in 2017, Clubhouse’s revenue has more than doubled to close to £30 million, following strong UK growth and successful expansion into the European Market.

Since the Fund’s original investment, Clubhouse has launched a new website and delivered an effective marketing strategy via social media. At the same time, it has increased staff numbers 50 per cent.

In its most recent accounts to the year ending September 30 2019, Clubhouse Golf, the UK’s largest independent online golf equipment retailer, reported a 45 per cent increase in turnover from the year before, while profit rose from £4.7 million in 2018 to close to £7.5 million for 2019. Its net assets were reported at almost £8 million.

Announcing the deal, Foresight said that Clubhouse Golf had a strong strategic partner for future growth in all4golf, one of Europe’s leading ecommerce businesses focused on golf. Matthew Pomroy, Senior Investment Managaer at Foresight’s Manchester office said:

“Clubhouse is a fantastic example of a local family business that has delivered outstanding growth. It has been a pleasure working with the management team and we wish them every success for the future with all4golf.”

Foresight Group LLP, which has 35 years’ experience managing investment funds for institutions and retail clients, has £4.7 billion of Assets Under Management across numerous funds. It was named Fund Manager of the Year at last year’s PLC Awards.

Its Private Equity team, which has established itself as one of the UK market’s most active SME investors, has 28 investment professionals working across four investment styles: Venture, Impact, Growth and Replacement Capital, through its growing regional network.

Find businesses for sale here.

If you are looking for an exit, we can help!

Share this article

Latest Businesses for Sale

Independent Professional Services Company
UK Wide

Provides design and project support advice to clients requiring refrigeration and building services solutions. A respected refrigeration consultant for a number of leading retailers. Services offered include design, technical studies and project mana...

Asking Price: Offers Invited
Turnover: £1,000,000


Corporate Events Business
East of England, UK

An excellent opportunity exists to purchase the business and assets of an award-winning corporate events business. Specilaising in bespoke team building and learning and development events the business has successfully created a niche offering withi...

Asking Price: £20,000
Turnover: £1,200,000


Accountancy Practice
Cambridgeshire, UK Wide

Exceptional opportunity to acquire  this long established and well respected general practice. Offers invited.

Asking Price: Offers Invited
Turnover: £425,000


View more businesses for sale

News Search

Latest News


Over 50 hotels and travel brands up for sale as leisure company collapses | ADMINISTRATION

The parent company of coach holiday company National Holiday...


Owner of enters administration | ADMINISTRATION

Joe Media Limited, the UK parent company of social news webs...


South London-based law firm acquired in pre-pack sale | BUSINESS SALE

Croydon-based McMillan Williams Solicitors (MSW) has been so...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Related News


MBO at Signature Private Finance | MBO/MBI

The senior management team at finance provider Signature Pri...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources