Powered by

EMERGE Acquires UnderPar for $12 Million; Adding a Profitable Market Leader in Discounted Golf Experiences

Nov 20, 2019 - Business Wire
Mergers and Acquisitions-Partnership Announcement

EMERGE Commerce Inc. ("EMERGE"), Canada's leading digital deals and savings network, announced today it has acquired The UnderPar Group ("UnderPar"), the market leader in discounted golf experiences and products in Canada, with a fast growing presence in the U.S., for a total consideration of $12 million, in addition to a performance-based earnout.

UnderPar is EMERGE's fourth acquisition in North America, and its largest transaction to date. UnderPar is on track to achieve $30 million in R...