November 10, 2026
Translink Corporate Finance acted as financial advisor to Caddies Europe in the sale and new partnership with Hanover Investors
Translink Corporate Finance in the United Kingdom and Sweden advised Caddies Europe, a Swedish golf group, on its sale to – and new partnership with – Hanover Investors, a London-based investment firm.
Hanover Investors, a London-based investment firm
Hanover Investors is a London-based investment firm focused on the active development of businesses in the UK and the Nordics. Hanover Investors invests in both privately held and publicly listed companies, working closely with management teams and boards to support operational and strategic development. Following the transaction, Hanover Investors becomes the principal shareholder of Caddies Europe, while founder and CEO Tony Trigell remains a significant shareholder and continues to lead the business.
Caddies Europe, a Swedish golf group
Caddies Europe is a Swedish golf group operating across golf course management, course maintenance and digital services. The group includes GolfStar, Northern Europe’s largest multi-course golf operator, with 30 golf courses across 24 facilities in Sweden, Finland and Spain and more than 20,000 members. Caddies Europe expects annual revenue of approximately SEK 300 million in 2026, serves more than 100,000 golf customers per year and works with over 300 golf facilities.
Caddies Europe continues its growth
In addition to the secondary sale, the partnership provides more than SEK 100 million to the business to accelerate Caddies Europe’s continued growth. Together with Hanover Investors, the group plans to further develop its existing golf facilities and member experience, while expanding by bringing additional courses into the group. The initial focus will be on existing markets, with opportunities to enter further European markets over time.
Comments from Caddies Europe
Tony Trigell, CEO and Founder, Caddies Europe, comments: We are delighted to welcome Hanover as our new long-term partner, and look forward to continuing to develop Caddies Europe together and further strengthening our position in the European golf market.
Translink Corporate Finance has been an invaluable advisor throughout the entire process. Its dedication, deep understanding of our business, and experience in complex transactions have played a key role in helping us find the right partner to support our continued growth.
Comments from Hanover Investors
Ashkan Senobari, Partner at Hanover Investors, comments: Golf rewards patience and consistency, and so does good ownership. Caddies Europe has a strong team, well-run facilities and a loyal member base. We intend to be a long-term partner, investing in the courses and the player experience, and backing Tony and the team as it grows the group through new clubs and partnerships, at home and abroad.
Comments from Translink Corporate Finance
Anton Wistrand, Translink Corporate Finance Sweden, comments: We are delighted to have advised Caddies on its new partnership with Hanover Investors. With a strong new ownership partner on board, we look forward to following Caddies Europe as it continues its growth journey across both existing and new markets.
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Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Translink Corporate Finance UK is the UK arm of Translink Corporate Finance, a global leader in cross-border mid-market M&A and transaction services. The firm specialises in advising on international and domestic transactions valued between £10 million and £250 million. Since 1972, Translink Corporate Finance has built a strong reputation for getting deals done, completing more than 400 transactions in the past three years alone. With more than 400 corporate finance professionals across 35+ offices worldwide, Translink combines global reach with local expertise, delivering strategic advice backed by deep sector knowledge to support ambitious businesses through complex transactions. Visit Translink Corporate Finance UK.
Translink Corporate Finance Sweden is a trusted M&A advisor recognised for its commitment, accessibility, and ability to create real value for clients. We work primarily with owner-managed businesses and private equity firms, providing expert advisory services in acquisitions, mergers, and divestments across more than 30 markets. Visit Translink Corporate Finance Sweden.
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