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Investor backs golf simulator firm TeeGo with seven-figure sum

Created at 16 Jul · 4:11 AM1 source↑ Market-relevant
IN SHORT

Middleton Enterprises, the family office of HomeServe co-founder Jeremy Middleton, has invested over £1 million into UK golf simulator company TeeGo. The funding aims to expand TeeGo's network of indoor golf clubhouses.

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Key Numbers

£1mminimum investment into TeeGo
20TeeGo sites by end of 2028
6current TeeGo sites
2028expansion target year
400+golf courses available on TeeGo simulators
25 minutestime to play 18 holes on TeeGo simulator
155%increase in rounds played at TeeGo
6,000rounds of golf played at TeeGo last year
£4.1bnHomeServe exit value
£20mUK expansion for Five Iron Golf

Who's Involved

Middleton Enterprises
investment firm backing TeeGo
Jeremy Middleton
HomeServe co-founder and owner of Middleton Enterprises
TeeGo
UK golf simulator company receiving investment
Jay Patel
TeeGo chief executive
Julian Liban
Middleton Enterprises executive
Investor backs golf simulator firm TeeGo with seven-figure sum

↳ Why This Matters

This investment signals growing interest and capital inflow into the indoor sports and entertainment sector, particularly golf, as companies like TeeGo aim to make the sport more accessible and convenient.

Key facts

  • Middleton Enterprises has invested upwards of £1 million into TeeGo.
  • TeeGo plans to expand its network from six to 20 sites by the end of 2028.
  • The company aims to establish itself as the largest dedicated indoor golf clubhouse network in the UK.
  • TeeGo logged 6,000 rounds of golf in the past year, a 155% increase from the prior 12 months.

Middleton Enterprises, the family office of HomeServe co-founder Jeremy Middleton, has invested upwards of £1 million into TeeGo, a UK-based golf simulator company. The investment is intended to fuel TeeGo's expansion plans, aiming to grow its network from six to 20 sites by the end of 2028 and establish it as the largest dedicated indoor golf clubhouse network in the UK.

Jay Patel, TeeGo's chief, anticipates that indoor golf will soon surpass outdoor play in London due to cost and time efficiencies, as well as a decline in available golf courses. The company is leveraging favorable high street locations for its expansion.

Research from The R&A indicates a rise in indoor golf simulator usage, with the TGL Golf League also highlighting hybrid technology in the sport. TeeGo reported a 155% increase in rounds played over the past year, logging 6,000 rounds.

In parallel, London has seen a surge in indoor sports venues, including other golf facilities like Pitch, and venues for pool, darts, and curling. Five Iron Golf recently launched in London as part of a £20 million UK expansion.

Julian Liban of Middleton Enterprises commented that TeeGo's model attracts new players to the game, providing a competitive advantage as the market grows. TeeGo's simulators offer access to over 400 courses worldwide, with 18 holes playable in approximately 25 minutes.

Frequently asked questions

Middleton Enterprises, the family office of HomeServe co-founder Jeremy Middleton, is investing in TeeGo.

The investment is upwards of £1 million.

TeeGo plans to expand from its current six sites to 20 sites by the end of 2028.

TeeGo's chief expects more Londoners to play golf indoors than outdoors within a year due to cost and time factors.

What Happens Next

01TeeGo aims to expand to 20 sites by the end of 2028.

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Cadence

How It Developed

Middleton Enterprises invested over £1 million into TeeGo.
TeeGo plans to expand from six to 20 sites by the end of 2028.
TeeGo aims to become the largest dedicated indoor golf clubhouse network in the UK.
TeeGo reported 6,000 rounds of golf played in the last year, a 155% increase.

Sources

T1
Sushidog investor pumps seven-figure sum into golf sim brand ahead of OpenCity AM

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