Deal Flow
Letter · prints on one page
Transaction tear sheetData as of Nov 7, 2026
M&A · Industrials · Retail-Miscellaneous Shopping Goods Stores

Worldwide Golf Group LLC to acquire BIG 5 Sporting Goods Corp

Announced Jun 30, 2025 · Closed Oct 2, 2025

Deal value$113MEV $113M
Premium22.0%To unaffected price
EV / Adj. EBITDA—0.1x EV / Revenue
ConsiderationAll cash$1.45 per share

Transaction

Acquirer
Worldwide Golf Group LLC
Target
BIG 5 Sporting Goods Corp (BGFV)
Buyer type
Strategic
Offer price per share
$1.45
Enterprise value
$113M
Status
Closed Oct 2, 2025

Deal protections

Break fee (target pays)
$2.0M · 1.8%
Reverse fee (buyer pays)
$3.0M · 2.7%
Go-shop
No-shop
Financing
No financing condition

Advisors

To the acquirer
Not disclosed
To the target
Moelis

Sector context · Industrials

Comparable deals
91 in the prior 24 months
Premium
22.0% vs. 39.5% sector median
EV / Adj. EBITDA
Sector median 9.1x
Break fee
1.8% vs. 2.7% sector median

Timeline

  1. AnnouncedJun 30, 2025
  2. Proxy filedJul 24, 2025
  3. Definitive proxyAug 8, 2025
  4. Shareholder voteSep 26, 2025
  5. ClosedOct 2, 2025
Sources
  • 8-K (EX-99) · Jun 30, 2025
  • 8-K · Jun 30, 2025

Adj. EBITDA is operating income + D&A + impairment, restructuring, deal costs and stock compensation, less any large gain on a sale, last twelve months, from the target's filings. Calculated by Castle, so it can differ from a bank's adjusted figure.

Prepared with Castle from public SEC EDGAR filings. Figures are extracted automatically; verify against the source documents. Not investment advice.