Recent Representative Matters and News -

ACUSHNET IPO -

McDermott represented Korean private equity funds Mirae Asset Private Equity Partners Fund VII, Neoplux No.1 Private Equity Fund, and Woori Blackstone Korea Opportunity Fund in the sale of over 22 million shares of common stock in the selling shareholder only initial public offering (IPO) of Acushnet Holdings Corp. (NYSE:GOLF), the global leader in the design, development, manufacture, and distribution of performance driven golf products and owner of the Titleist and Footjoy golf equipment and apparel brands. McDermott also represented the selling shareholders in the negotiation of registration and sell down rights with respect to Acushnet common stock that the funds continue to hold after the completion of the IPO.

In a related transaction immediately following the pricing of the IPO, McDermott represented Mirae Asset Private Equity Partners Fund VII and Neoplux No.1 Private Equity Fund in their private sale of over 14 million shares of common stock of Acushnet to Magnus Holdings Co. Ltd., an affiliate of Fila Korea Ltd.