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Miura Golf’s buyer revealed

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The official Miura-related announcement you’ve been waiting for: Billionaire investor, banking magnate, and golf enthusiast Howard Milstein has acquired global rights to distribute Miura Golf equipment.

We broke the news of Miura’s sale earlier this month, and new company president Hoyt McGarity told us the company’s trademark quality and pricing will remain consistent under the new ownership.

Milstein and family have acquired a majority interest in distribution rights, according to a press release, which also officially confirms Hoyt McGarity, founder and CEO of TrueSpec will serve as company president.

“We are excited to announce this new partnership and new chapter in Miura Golf’s storied history,” Milstein said. “We believe that Miura, with its decades-old reputation as perhaps the world’s finest designer and manufacturer of forged clubs, represents an ideal partner in the golf equipment category and is a tremendous fit with our company.”

Milstein is Chairman, President and CEO of New York Private Bank & Trust — the nation’s largest privately owned, family-run bank — and its operating bank, Emigrant Bank. Also a successful real estate investor, Milstein is perhaps most interesting for our purposes as the business partner of Jack Nicklaus and the Nicklaus family since 2007.

Also interesting: It appears the two golf companies under Milstein’s charge will be working together in some capacity, a story we will continue to follow.

“We focused on strategic opportunities and aligning ourselves with likeminded partners and companies that mirror the high standards long established by Jack and his company,” Milstein said. “Miura Golf is such a company, and we are pleased and proud to announce this partnership.”

Founded in 1957, Katsuhiro Miura’s company has been making handcrafted forged irons of the highest quality for 50 years. According to the company, professional golfers have won several major championships using its clubs, specifically its forged players irons, without endorsement contracts. The company has also produced forged irons for major OEMs.

Once the undisputed leader in the ultra-premium equipment space, billionaire Bob Parsons-owned PXG has fired a shot across the company’s bow, cutting into market share over the past three years. Now, it would seem, Miura is equipped with similar firepower.

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9 Comments

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  1. Jim

    Jan 25, 2017 at 1:58 pm

    It appears to be merely a distribution deal.

    http://miuragolf.com/Miura-Milstein.pdf

    • Eric

      Jan 25, 2017 at 2:46 pm

      How are they gonna spell Miura incorrectly in its own press release *smh*

  2. Jim

    Jan 25, 2017 at 1:50 pm

    Must agree with Mark – “Muira Golf’s buyer revealed” and “acquired global rights to distribute Miura Golf equipment” are, to me, not one and the same thing.

    Will the company (Miura) that manufactures the highly sought-after irons change in any way? Or have they (Katsuhiro Miura & sons) merely sold the global distribution rights to Mr. Milstein?

  3. ButchT

    Jan 25, 2017 at 1:37 pm

    Until you can finance PXG or Miura irons like a home or car, I am out of their market!

  4. Shallowface

    Jan 25, 2017 at 7:38 am

    Looking forward to seeing a set of Jack Nicklaus Miurafield irons.

  5. Mark

    Jan 25, 2017 at 1:49 am

    “Muira Golf’s buyer revealed” and “acquired global rights to distribute Miura Golf equipment” are, to me, not one and the same thing. Please clarify. Has Milstein bought the company or has he just acquired the global distribution rights?

  6. JThunder

    Jan 25, 2017 at 1:45 am

    Another smaller company bought by a billionaire. Just what the world needs.

  7. S Hitter

    Jan 24, 2017 at 9:50 pm

    That would be 60 years, mate. Can you do maths?

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Driver Reviews

GolfWRX Spotlight: Tour Edge Exotics C721 driver

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Tour Edge’s Exotics line of high-end golf clubs has been known for excellent fairway wood and hybrid performance over the years. The Chicago-based company has been consistently putting out high-quality products, and golfers are really taking notice. The new line of C721 drivers, fairway woods, and hybrids take yet another big leap forward from last year’s EXS line. 

The new C721 driver takes a lot of technology from the 2020 EXS line and further refines and expands on it. I know it is a little cliche when companies say every model is their best ever, but Tour Edge is 100 percent right this time.

When unboxing the C721 the first thing I noticed was the much-improved looks and shape over the previous Tour Edge drivers. The biggest change to my eye is the added bulge, giving a more rounded and softened topline.

The overall shape of the C721 is slightly stretched from front to back, giving it just a hint of a triangular look. The Ridgeback is a titanium spine flanked by two carbon fiber wings that add stability and forgiveness to the head, but they can also work together and an additional aiming device to ensure you are lined up down the center of the fairway. 

Getting the C721 out on the course is where you really start to appreciate all the technology that went into this driver. Well-struck shots are very long, very boring, and will hang with anything out on the market today. Center contact is rewarded with a long and very low spin shot that is just fun to hit.

The sound and feel are very solid, you can really feel the ball compress on the face as it leaves at high speed. The sound is more of a muted crack and much quieter than I anticipated. If you practice on an enclosed range your ears will thank you for your choice in drivers. Shots hit away from the center of the face retain a lot of ball speed and stay online really well.

My miss is low on the heel and those misses stayed in the air fairly well and went a good ways. Shots hit down on the heel or higher on the toe side still stay online really well due to the Ridgeback spine and rear weight. The C721 is just slightly higher than mid-launch for me, but the low spinning head never allowed my shots to balloon or rise even into the wind. I do wish the face was just a touch deeper as I had to play with my tee height in order to find the optimal setup. The better players will enjoy the neutral weighting and there seems to be very minimal draw built into the driver.

Overall, the Tour Edge Exotics C721 driver is a great club that will probably be overlooked by too many golfers. If you are looking for added distance, a lot of forgiveness and want to keep some money in your pocket, then you should seriously take a look at Tour Edge.

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Are Mini Drivers the next hot trend? – GolfWRXers discuss

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In our forums, our members have been discussing the potential boom in Mini Drivers in the game. With Dustin Johnson and Phil Mickelson both using a Mini driver recently, WRXer ‘Tsecor’ asks if the use of the club is about to become the norm, and our members have been sharing their thoughts in our forum.

Here are a few posts from the thread, but make sure to check out the entire discussion and have your say at the link below.

  • uglande: “I love mini-drivers but not as a driver replacement. I like them as a second option off the tee. My 425 LST 3-wood is a rocket, so I’m happy with that at the moment, but I really liked the Ping Rapture, the TaylorMade Original One (but not the SLDR Mini) and will definitely be testing the TaylorMade 300 that is rolling out soon.”
  • tjwilliams31: “I basically tried the Phil setup. I have a TaylorMade aeroburner mini that’s a missile then built a bomber driver set up works well so far.”
  • lefthack: “I’ve considered it as a 2 wood like Phil. Maybe for tight tees, but mostly long and/or low off the deck.”
  • kthomas: “I personally don’t see the point. Doesn’t offer anything over a regular-sized driver, and having a second dedicated tee club makes no sense. I’d rather have that spot with something more versatile, such as a 3/4 wood.”
  • GatorNate11: “If mini drivers are coming back, why not small drivers, too? Is a 380-420cc driver really too much to ask?”

Entire Thread: “Are mini drivers the next hot trend?”

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Equipment

Coolest thing for sale in the GolfWRX Classifieds (07/1/21): Nike Covert 2.0 driver

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At GolfWRX, we love golf, plain and simple.

We are a community of like-minded individuals that all experience and express our enjoyment of the game in many ways. It’s that sense of community that drives day-to-day interactions in the forums on topics that range from best driver to what marker you use to mark your ball. It even allows us to share another thing we all love – buy and selling equipment.

Currently, in our GolfWRX buy/sell/trade (BST) forum, there is a listing for a Nike Covert 2.0 driver ($125)

To check out the full listing in our BST forum, head through the link: Nike Covert 2.0 driver

This is the most impressive current listing from the GolfWRX BST, and if you are curious about the rules to participate in the BST Forum you can check them out here: GolfWRX BST Rules

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