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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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Equipment

Coolest thing for sale in the GolfWRX Classifieds (5/13/24): Full set of ‘Tiger Slam’ clubs

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At GolfWRX, 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 – buying and selling equipment.

Currently, in our GolfWRX buy/sell/trade (BST) forum, there is a listing for a full set of ‘Tiger Slam’ clubs.

From the seller: (@CaymanS): “During the year of recovery from leg surgery that never quite healed, I was bored.  One thing led to another, and I ended up gradually building/acquiring the individual pieces to complete a set of “Tiger Slam” clubs.  They are what Tiger played to win 4 consecutive majors, which nobody has ever done.  This is not an exact replica of course, but something close that fit me to play a few times per year and experience what Tiger did.  But my bad leg, 4 shoulder tears, and age prevents me from the ball-striking needed to enjoy these to their fullest.  They may not be everyone’s cup of tea, especially since the driver and fairway shafts are regular flex and most players good enough to play these will need to change them, but it’s not a perfect world.  I am not a historian on this stuff, but my research indicates these are the same models Tiger used, with slightly different specs to fit me.

Full set $1,600, or…

…a donation for a Pro Kids fundraiser, or…

Driver: $70

Fairway: $250

Irons: $1,100

Wedges: $100

Putter: $350″

To check out the full listing in our BST forum, head through the link: Full set of ‘Tiger Slam’ clubs

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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Whats in the Bag

Rory McIlroy’s winning WITB: 2024 Wells Fargo Championship

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Driver: TaylorMade Qi10 (9 degrees @8.25) Buy here.
Shaft: Fujikura Ventus Black 6 X

3-wood: TaylorMade Qi10 (15 degrees) Buy here.
Shaft: Fujikura Ventus Black 8 X

5-wood: TaylorMade Qi10 (18 degrees) Buy here.
Shaft: Fujikura Ventus Black 9 X

Irons: TaylorMade Proto (4), TaylorMade Rors Proto (5-9) Buy here.
Shaft: Project X 7.0 (4-9)

Wedges: TaylorMade MG4 (46-09SB, 50-09SB, 54-11SB) Buy here, Titleist Vokey Design WedgeWorks (58-K @59) Buy here.
Shafts: Project X 6.5 (46-54), Project X 6.5 Wedge (60)

Putter: TaylorMade Spider Tour X3 Buy here.
Grip: SuperStroke Zenergy Pistol Tour

Ball: 2024 TaylorMade TP5x Buy here.

(Photo courtesy of TaylorMade)

Grips: Golf Pride MCC

Check out more in-hand photos of Rory McIlroy’s WITB in the forums.

 

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The winning WITB is presented by 2nd Swing Golf. 2nd Swing has more than 100,000 new and pre-swung golf clubs available in six store locations and online. Check them out here.

 

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Whats in the Bag

Kevin Tway WITB 2024 (May)

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Driver: Ping G430 LST (10.5 degrees)
Shaft: Fujikura Ventus Black 6 X

3-wood: TaylorMade Stealth 2 (15 degrees)
Shaft: Mitsubishi Diamana D+ 80 TX

5-wood: TaylorMade Stealth 2 (18 degrees)
Shaft: Mitsubishi Diamana D+ 90 TX

Irons: Wilson Staff Utility (2), Titleist T100 (4-9)
Shafts: Mitsubishi MMT 100 TX (2), True Temper Dynamic Gold Tour Issue X100 (4-9)

Wedges: Titleist Vokey Design SM10 (48-10F @47, 52-12F @51, 56-14F), SM7 (60-10S)
Shafts: True Temper Dynamic Gold Tour Issue X100 (48-56), True Temper Dynamic Gold Tour Issue S400 (60)

Putter: Scotty Cameron T-5 Proto
Grip: Scotty Cameron Black Baby T

Grips: Golf Pride Tour Velvet Plus4

More photos of Kevin Tway’s WITB in the forums.

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