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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

9 Comments

  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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Whats in the Bag

Chesson Hadley WITB 2024 (March)

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Driver: Titleist TSR3 (10 degrees, D1 SureFit setting)
Shaft: Mitsubishi Diamana D+ 70 TX

3-wood: Titleist TSR2+ (14.5 degrees, A1 SureFit setting)
Shaft: Mitsubishi Diamana D+ 80 TX

Irons: Titleist T200 (3), Titleist 620 CB (4, 5), Titleist 620 MB (6-PW)
Shafts: Graphite Design Tour AD DI 105 X (3), True Temper Dynamic Gold Tour Issue X100 (4-PW)

Wedges: Titleist Vokey Design SM10 (52-12F, 56-14F), WedgeWorks (60-K)
Shafts: True Temper Dynamic Gold Tour Issue S400

Putter: Odyssey White Hot OG 2-Ball
Grip: Odyssey

Grips: Golf Pride Tour Velvet

Ball: Titleist Pro V1x

Check out more in-hand photos Chesson Hadley’s clubs here.

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Whats in the Bag

Gary Woodland WITB 2024 (March)

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Driver: Cobra Darkspeed X (8 degrees)
Shaft: Accra TZ5 70 M5

  • The white circle that appears at the top of the face a removable sticker that’s used for launch monitor tracking, and Woodland removes it for competition!

3-wood: Cobra Darkspeed X (14 degrees)
Shaft: Accra TZ5 GW100 Prototype

7-wood: Cobra LTDx LS prototype (20 degrees)
Shaft: Accra TZ5 GW100 Prototype

Irons: Wilson Staff (18 degrees), Cobra King MB (4-PW)
Shafts: KBS Tour C-Taper Limited X

Wedges: Cobra SB (48), Titleist Vokey Design SM10 (52-08F, 56-14F), Cobra King (60)
Shafts: KBS Tour C-Taper Limited X (48 degrees), KBS Tour V-Ten 125

Putter: Scotty Cameron T-5 Proto
Grip: SuperStroke Zenergy Tour 3.0P

Ball: Titleist Pro V1x

Grips: Golf Pride Tour Velvet Cord

See more in-hand photos of Gary Woodland’s WITB in the forums.

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Q&A: Martin Trainer on his Bobby Grace “Greg Chalmers” putter, 6.5-degree driver, and “butter knife” 2-iron

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As unbiasedly as I can put it, Martin Trainer has one of the coolest club setups in professional golf. (At some point soon, I’ll put together a top-10 list of “coolest club setups on Tour,” but I know that Trainer will be in the top-10)

What a lineup. He plays a 6.5-degree Wilson prototype driver, a 13-degree Wilson prototype 3-wood, a true blade Wilson Staff Model 2-iron, and a Bobby Grace “Greg Chalmers Commemorative” putter!

 

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I mean, look at this 2-iron from address…

To quote the great author R.L. Stine: “Goosebumps.”

On Wednesday at the 2024 Texas Children’s Houston Open, I caught up with Trainer to learn more about his bag setup.

Here’s what he had to say:

You have the Internet going crazy over your bag setup, and your putter. Where’d you pick the Bobby Grace-Greg Chalmers putter up? How long have you had it?

MT: This was from when Bobby Grace came to my course in California: Cal Club. And for whatever reason, they just started having them in the shop. So then I took my buddy’s, started using it, and made, like, a million putts in a row, which is how every putter story begins, I guess.

And then, I bought a couple of my own, used it for years, got to the Tour with it, won on Tour with it (the 2019 Puerto Rico Open). Then, about a year later, started using another putter, did that for a couple years, but now it’s back in the bag.

When did it come back in the bag?

MT: December of this past year. So a few months ago.

What year would you say was the first time you threw that in the bag, or, like, when you bought it?

MT: God…Probably, 2016, maybe? 2018?

Do you remember how much you paid for it?

MT: I don’t know, actually. Maybe $100-150 bucks or something. I think that’s the only golf club I’ve bought between high school and now. Well, two, since I bought two of them.

The driver is interesting, too. What went into the prototyping process?

MT: That was a version of the current driver, but it was the prototype that they first came out with for Tour guys to try. And for whatever reason, I just never switched out to the new one.

It’s just 6.5 degrees, right?

MT: Yeah. Very low loft, yeah.

What kind of ball speed do you have with that these days?

MT: Like high 170’s.

Yeah, that’ll work. And then a 2-iron blade? We’re seeing fewer and fewer of those out here.

MT: Yeah. The butter knife.

Very cool thing to have in the bag. Have you done any testing with driving irons? 

MT: Yeah, I used to have a thicker one, but it was a little offset, and I never hit it that well. And then finally, I started messing around with the butter knife. And I remember the first time I looked down at it, I was terrified. And then I ended up getting used to it, putting it in play, and it’s been in place since. It’s a pretty good club for me.

How far do you carry that? 

MT: Like 235.

A good little wind club, I’m sure.

MTL Yeah, exactly. I can hit it very low. It’s great.

I love it. You have people shook looking at that. Thanks for the time, man. 

MT: Absolutely.

To see more photos and discussion of Trainer’s bag, click here.

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