A Split Between Tech Entertainment and Traditional Golf
Topgolf and Toptracer—known for immersive driving-range venues and high-precision ball-tracking technology—represent the company’s innovative entertainment segment.
The remainder of the soon-to-be-renamed Callaway Golf Company will refocus on its legacy business: golf equipment and lifestyle brands, including Callaway, Odyssey, TravisMathew, and Ogio.
Board Unanimously Approves the Sale
The company’s board gave unanimous approval, and the transaction is on track to close in the first quarter of 2026, pending regulatory clearance and standard closing conditions.
Once finalized, the renamed Callaway Golf Company will continue trading on the New York Stock Exchange under the updated ticker CALY.
CEO Says Sale Followed “Robust” Strategic Review
Chip Brewer, president and CEO, said leadership had evaluated multiple options to separate Topgolf, including a potential spin-off.
“After a robust process and a thorough evaluation of a range of alternatives, we believe this sale is the best outcome for our shareholders, as well as our employees and stakeholders,” Brewer said, adding that the move strengthens the company’s commitment to its core equipment and active-lifestyle platforms.
