Revelyst, a collective of brands under Vista Outdoor Inc., has made a significant acquisition by acquiring PinSeeker, a leading simulator off-course golf and connectivity app. This move will allow golfers to compete in virtual tournaments and challenges with friends and fellow players from anywhere in the world.
The PinSeeker app offers a variety of contests and challenges, including virtual tournaments and closest-to-the-pin challenges, where players can compete for free or for real money. This acquisition will enhance Foresight Sports, owned by Revelyst, by meeting the growing demand for competitive off-course golf experiences.
PinSeeker will now be integrated into Foresight Sports, the top maker of golf launch monitors and simulators, within Revelyst’s Precision Sports Technology platform. The PinSeeker team will relocate to San Diego, where Revelyst’s platform is based.
Eric Nyman, CEO of Revelyst, expressed excitement about the acquisition, stating that it will provide an unmatched user experience for off-course golfers. With the addition of PinSeeker, Revelyst aims to engage with consumers in more modern and tech-forward ways, both outdoors and virtually.
The acquisition comes at a time when off-course golf participation is on the rise, with 33 million participants in 2023. PinSeeker’s revenue models, including tournament and sponsorship income, will enable Revelyst to reinvest in its brands and expand its gaming ecosystem.
Overall, the acquisition of PinSeeker by Revelyst is set to revolutionize off-course golf and solidify Foresight Sports as a leader in golf technology. The integration of PinSeeker’s software with Foresight Sports’ hardware will provide golfers with a world-class game and entertainment experience.