Article: Falconhead Capital Forms GPSI Holdings, World's Leading Provider of Cart-Mounted Gps Services to Golf Courses.(Company overview)

Falconhead Capital, LLC, a private equity firm specializing in consumer-focused businesses in the leisure, lifestyle, sport and media categories, announced the formation of GPSI Holdings, LLC ("GPSI"), the world's leading provider of cart-mounted GPS services to golf courses. GPSI was created through the acquisition of and subsequent three-way merger of GPS Industries, Inc., ProLink Systems, Inc., and a series of assets previously owned by David Chessler, who has been named CEO of GPSI. GPS Industries was acquired through a sale process conducted under Section 363 of the U.S. Bankruptcy Code. Financial terms of the transactions were not disclosed.

Falconhead has ...

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