Lamkin Corporation
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Lamkin Corporation - overview
Established
1925
Location
San Diego, CA, US
Primary Industry
Consumer Products
About
Lamkin is a specialized manufacturer of high-performance golf grips, designed to enhance gameplay for both amateur and professional golfers through innovative technology and advanced materials. Lamkin specializes in the design and manufacturing of golf grips. Founded in 1925 in San Diego, California, Lamkin has undergone no notable changes in business strategy. The company operates as an independent entity with no reported subsidiaries.
The founder's details are not provided, but Lamkin has maintained a consistent focus on premium golf grip production. As of March 4, 2025, Lamkin raised a total of KRW 80 billion through a Buyout led by DAOL Private Equity, marking a significant financial milestone. Lamkin primarily specializes in the design and manufacturing of high-performance golf grips, catering to both amateur and professional golfers. Their core product offerings include a range of innovative grip families such as Sonar+, UTX, Crossline, and ST+ Hybrid, each engineered to enhance player comfort, control, and feel.
These grips utilize advanced materials and technologies to address specific performance needs in varying playing conditions, including dry and wet weather. The company's products are distributed globally, with significant markets in North America, Europe, and Asia, serving golf enthusiasts, club manufacturers, and retailers. By focusing on delivering superior feel and performance, Lamkin aims to support golfers in maximizing their game. Lamkin generates revenue through a direct-to-consumer sales model, as well as partnerships with retailers and golf club manufacturers.
The transaction structure involves wholesale agreements with golf retailers who purchase grips in bulk for resale, alongside direct sales through their website. The pricing strategy for their products encompasses various tiers based on grip technology and features, with flagship offerings such as the Sonar+ and UTX series positioned at premium price points. By leveraging both B2B relationships and direct consumer sales, Lamkin effectively reaches a diverse customer base, ensuring widespread availability of their products and enhancing overall market penetration. In March 2025, DAOL Private Equity acquired Lamkin Corporation for KRW 80 billion.
The company plans to launch new grip models tailored for diverse playing conditions in 2025, expanding its product line. Lamkin is also targeting new markets in Asia and Europe to enhance its global footprint by 2026. The recent funding will support product development and market expansion initiatives, enabling Lamkin to strategically position itself in emerging golfing communities.
Current Investors
DAOL Private Equity
Primary Industry
Consumer Products
Sub Industries
Recreational Hobbies & Sporting Goods
Website
www.lamkingrips.com/
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Lamkin Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Lamkin Corporation | - |
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