Revelyst Announces Acquisition of PinSeeker, a Leading Skill-Based Golf Simulator Competition Platform – Company Announcement - FT.com
Summary
25, 2024-- Revelyst, a collective of world-class maker brands that design and manufacture performance gear and precision technologies and a segment of (NYSE: VSTO), today announced it has acquired PinSeeker, a Wasserman portfolio company and the leading simulator off-course golf and connectivity app that hosts real-time, virtual, closest-to-the-pin tournaments. The app hosts virtual tournaments, closest-to-the-pin challenges and other contests where participants can play for free or compete for real money, experiencing the thrill of competitive golf with anyone, anywhere. “Adding PinSeeker’s one-of-a-kind app to Foresight Sports’ category-leading launch monitors and simulators will help us deliver an unmatched user experience for off-course golfers,” said , CEO of Revelyst. The addition of PinSeeker and its team builds our standing in the industry, expands our software offering and provides the resources and know-how to extend our reach in this rapidly growing skill-based gaming category. “By joining the team, we can bring our app to a new base of users and continue to grow the sport of off-course golf through skills-based wagering and new gaming opportunities.” served as legal adviser to in connection with the transaction.