SkyTrak allows you to play at home or in the office.
Last month, GolfTec announced its first meaningful acquisition in 27 years of being a trailblazer in indoor golf instruction. The Colorado-based company bought SkyTrak, a leading consumer launch monitor and simulator brand that bills its product as a professional-grade at-home-and-office device available at a favorable price point.
The move continues a trend in the feverishly popular simulator and launch monitor space. In July 2021, Bruin Capital acquired the Tiger Woods-backed Full Swing golf simulator company for a reported $160 million while expressing a desire to create a user network similar to the Peloton model. A few months later, Vista Outdoor – the parent company to Bushnell Golf – acquired Foresight Sports for a gross purchase price of $474 million. Foresight is known for PGA Tour players using its launch monitors, as well as the brand’s “sim-in-a-box” strategy for delivering easy-to-assemble golf simulation directly to a consumer’s door.
Now comes another deal be...