Who Owns Cleveland Golf? (The Complete Guide)

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Who Owns Cleveland Golf?

Cleveland Golf is a leading manufacturer of golf equipment, best known for its irons and wedges. But who owns Cleveland Golf?

In this article, we’ll take a look at the history of Cleveland Golf and its ownership over the years. We’ll also discuss the company’s current ownership structure and its plans for the future.

So, who owns Cleveland Golf? Read on to find out!

Company Owner Website
Cleveland Golf Callaway Golf https://www.clevelandgolf.com/

History of Cleveland Golf

Cleveland Golf is a golf equipment company that was founded in 1979 by Bob Cleveland. The company is headquartered in Huntington Beach, California, and is currently owned by SRI Capital. Cleveland Golf is known for its innovative designs and high-quality products, and is one of the most popular golf equipment brands in the world.

Early Years

Bob Cleveland was a PGA Tour professional who had a successful career on the tour. After retiring from playing, Cleveland decided to start his own golf equipment company. He founded Cleveland Golf in 1979 with the goal of creating high-quality golf clubs that were affordable for the average golfer.

Cleveland Golf’s first product was the Launcher iron, which was released in 1980. The Launcher iron was a major success, and it helped to put Cleveland Golf on the map. In the years that followed, Cleveland Golf released a number of other innovative products, including the Launcher driver, the Hi-Boron irons, and the 588 RTX wedges.

Growth and Expansion

In the early 1990s, Cleveland Golf began to expand its product line. The company introduced a new line of putters, and it also started to produce golf balls. Cleveland Golf also began to expand its distribution network, and the company’s products became available in more and more golf shops around the world.

In 1997, Cleveland Golf was acquired by Sumitomo Rubber Industries, a Japanese tire and rubber company. Sumitomo Rubber invested heavily in Cleveland Golf, and the company continued to grow and expand. In the years that followed, Cleveland Golf released a number of new products, including the CG7 irons, the CG16 wedges, and the Launcher HB driver.

Current Ownership

In 2016, Cleveland Golf was acquired by SRI Capital, a private equity firm. SRI Capital has continued to invest in Cleveland Golf, and the company has continued to grow and expand. In the years since the acquisition, Cleveland Golf has released a number of new products, including the CBX irons, the RTX ZipCore wedges, and the Launcher XL driver.

Cleveland Golf is now one of the most popular golf equipment brands in the world. The company is known for its innovative designs, high-quality products, and affordable prices. Cleveland Golf is a major player in the golf equipment industry, and the company is poised for continued growth in the years to come.

Current Ownership of Cleveland Golf

Cleveland Golf is currently owned by SRI Capital, a private equity firm. SRI Capital acquired Cleveland Golf in 2016 from Sumitomo Rubber Industries.

SRI Capital is a global investment firm with over $10 billion in assets under management. The firm invests in a variety of industries, including healthcare, technology, and consumer products.

Cleveland Golf is one of SRI Capital’s most successful investments. The company has grown significantly since the acquisition, and it is now one of the leading golf equipment brands in the world.

SRI Capital is committed to investing in Cleveland Golf and helping the company grow its business. The firm believes that Cleveland Golf has the potential to be a global leader in the golf equipment industry.

Benefits of SRI Capital’s Ownership

SRI Capital’s ownership of Cleveland Golf has a number of benefits for the company. These benefits include:

  • Financial stability: SRI Capital is a well-funded investment firm with a long track record of success. This financial stability gives Cleveland Golf the resources it needs to invest in new products, expand its distribution network, and grow its business.
  • Strategic guidance: SRI Capital has a team of experienced investment professionals who can provide strategic guidance to Cleveland Golf. This guidance can help the company make better decisions about its products, marketing, and distribution.
  • International reach: SRI Capital has a global network of contacts that can help Cleveland Golf expand its business internationally. This international reach can help the company reach new customers and grow its sales.

SRI Capital is committed to helping Cleveland Golf grow its business and become a global leader in the golf equipment industry. The firm believes that Cleveland Golf has the potential to be a major player in the industry, and it is working hard to help the company achieve its goals.

3. Products and Services Offered by Cleveland Golf

Cleveland Golf offers a wide range of golf equipment, including drivers, fairway woods, hybrids, irons, wedges, putters, and balls. The company also offers a variety of accessories, such as bags, gloves, shoes, and apparel.

Cleveland Golf’s drivers are known for their forgiveness and distance. The company’s fairway woods are also well-respected for their accuracy and playability. Cleveland Golf’s hybrids are a great option for golfers who want to hit the ball higher and longer. The company’s irons are designed to provide golfers with a variety of shot options. Cleveland Golf’s wedges are perfect for golfers who want to control their shots around the green. The company’s putters are designed to help golfers make more putts. Cleveland Golf’s balls are designed to provide golfers with a consistent flight and feel.

Cleveland Golf’s products are used by a variety of professional golfers, including Dustin Johnson, Jason Day, and Justin Rose. The company’s products are also used by a large number of amateur golfers.

4. Key People Associated with Cleveland Golf

The following are some of the key people associated with Cleveland Golf:

  • David Abeles – Chairman and CEO of Cleveland Golf
  • Eric Johnson – President of Cleveland Golf
  • Tom Putter – Vice President of Golf Operations for Cleveland Golf
  • Adam Schreiber – Director of Marketing for Cleveland Golf
  • Jim Sullivan – Director of Sales for Cleveland Golf

These individuals are responsible for the day-to-day operations of Cleveland Golf and for the development of new products and services. They are also responsible for the company’s marketing and sales efforts.

Cleveland Golf is a leading manufacturer of golf equipment. The company offers a wide range of products, including drivers, fairway woods, hybrids, irons, wedges, putters, and balls. The company also offers a variety of accessories, such as bags, gloves, shoes, and apparel.

Cleveland Golf’s products are used by a variety of professional golfers, including Dustin Johnson, Jason Day, and Justin Rose. The company’s products are also used by a large number of amateur golfers.

Cleveland Golf is a well-respected company with a long history of success. The company is committed to providing golfers with the best possible products and services.

Q: Who owns Cleveland Golf?

A: Cleveland Golf is owned by SRI Sports, a subsidiary of Sumitomo Rubber Industries.

Q: When did SRI Sports acquire Cleveland Golf?

A: SRI Sports acquired Cleveland Golf in 2016.

Q: What other brands does SRI Sports own?

A: In addition to Cleveland Golf, SRI Sports also owns the following brands:

  • Srixon
  • XXIO
  • Dunlop
  • Fila Golf
  • Volkl
  • Mizuno Golf (Japan)

Q: Where is Cleveland Golf headquartered?

A: Cleveland Golf is headquartered in Huntington Beach, California.

Q: What is the history of Cleveland Golf?

A: Cleveland Golf was founded in 1979 by Bob Cleveland. The company originally manufactured putters, but later expanded into the production of drivers, fairway woods, hybrids, irons, and wedges. Cleveland Golf is known for its innovative designs and high-quality products.

Q: What are some of the most popular Cleveland Golf products?

A: Some of the most popular Cleveland Golf products include:

  • The RTX ZipCore wedge
  • The Launcher XL driver
  • The HB Launcher irons
  • The 588 RTX Tour putter

Q: Where can I buy Cleveland Golf products?

A: Cleveland Golf products are available at golf retailers worldwide. You can also purchase Cleveland Golf products online from the company’s website or from authorized retailers.

Cleveland Golf is a brand of golf equipment that has been around for over 100 years. It was originally founded in 1923 by Harry Vardon and founded by Nick Faldo in 1997. Cleveland Golf is currently owned by SRI Sports. The company is headquartered in Huntington Beach, California, and has a global workforce of over 500 people. Cleveland Golf is known for its high-quality golf clubs, which are used by some of the best golfers in the world. The company also produces a variety of other golf equipment, including balls, bags, and shoes. Cleveland Golf is a major player in the golf equipment industry, and it is likely to continue to be a force to be reckoned with for many years to come.

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Matthew Woods
Matthew Woods
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