True Temper Sports Inc.

• Private
• US

Dow Jones Description

True Temper Sports, Inc. ("True Temper" or the "Company"), a wholly owned subsidiary of True Temper Corporation ("TTC"), is a leading designer, manufacturer and marketer of steel, composite, and multi-material golf club shafts for original equipment manufacturers ("OEMs") and distributors in the golf equipment industry. In addition, True Temper produces and sells a variety of performance sports products that offer high strength and tight tolerance tubular components to the bicycle, hockey and other recreational sports markets. In 2007, golf shaft sales represented 88% of total net sales, and performance sports sales represented 12%. During the first nine months of 2008, net sales of performance sports products represented 14% of total net sales. Purchase Agreement for True Temper Corporation On January 30, 2004, TTS Holdings LLC, a company formed by Gilbert Global Equity Partners, L.P. and its affiliated funds ("Gilbert Global"), entered into a stock purchase agreement with the Company's direct parent company, True Temper Corporation, pursuant to which TTS Holdings LLC and certain of the Company's senior management purchased all of the outstanding shares of TTC ("Gilbert Global Acquisition"). ...

Number of Employees 692

Contact Information

Peer Companies

• Nucor Corp.
• Commercial Metals Co.
• AK Steel Holding Corp.
• National Steel Corp.
• Quanex Corp.
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