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The Marquie Group Acquires GETGOLF
Globenewswireยท 2025-10-01 15:44
Core Insights - The Marquie Group, Inc. has completed the asset acquisition of GETGOLF and its subsidiaries, which include Mountain Brook Golf Club, Apache Creek Golf Club, and Stand-by-Golf, generating over $8 million in annual gross revenues and nearly $2 million in profit [1][2] - Incoming Chairman and CEO Jeff Foster emphasizes that this acquisition serves as a launchpad for the future of golf, with GETGOLF set to scale globally and enhance golfer interactions through real-time tee-time booking and travel planning [2] - Current CEO Marc Angell expresses confidence in the growth potential of GETGOLF, highlighting its position as a leader in the rapidly growing golf industry [2] Company Overview - The Marquie Group, Inc. is transitioning to new management following the acquisition of GETGOLF, indicating a significant change in control and strategic direction [1][2] - The acquisition is expected to create new connections between golfers and courses, enhancing the overall golfing experience [2] Financial Performance - The combined businesses of GETGOLF and its subsidiaries are estimated to generate annual gross revenues exceeding $8 million, with profits nearing $2 million, although these figures are unaudited [1]