Wed May 2 2012Duo join forces to create specialist golf consultancy service
Former Chief Executive Officer of the Australian PGA, Max Garske, and boutique investment banker Don Matlock of Matlock Corporate Advisory Pty Ltd, have joined forces to assist in the sale or purchase of Golf Courses and their associated businesses, within Australia and the Asia Pacific region. They will operate the business under the banner of SAGOCO, as joint principals.
Both parties will conduct this venture as an operating arm of their respective existing consultancy businesses. Mr Garske in global golf industry consulting and Mr Matlock, through his long established Mergers & Acquisitions (M&A) advisory business.
They see the combination of Mr Garske’s experience and contacts in the golfing world and Mr Matlock’s extensive experience in M & A activities, as an ideal combination in an industry that has very few specialist sales advisory groups.
Given the increased interest from overseas investors, particularly from China, India and Malaysia in acquiring Australian golf courses, both gentlemen see a great deal of potential and activity in this area over the medium to longer term.
The SAGOCO business activities commenced February 2012 and expect to complete a number of transactions within the current year.