Carl’s Place
Our team advised Carl’s Place on securing financing from Old National Bank.
Transaction Details
Debt Placement Advisor
Year: 2022
Hedquarters: Milton, WI
Client: Carl’s Place
Industry: Consumer Products, Food & Beverage
Website: www.carlofet.com
Overview
Completed by the Vantage Investment Banking team under a prior firm, Carl’s Place, a leading manufacturer and distributor of fully customizable golf simulator packages and products, has secured financing from Old National Bank.
About Carl’s Place
Established in 2006, Carl’s Place offers a range of proprietary branded products including enclosures, hitting mats, and impact screens, coupled with golf technology products such as launch monitors to create complete golf simulator packages. Carl’s Place has established a unique customer experience focused on flexibility and ease, with sales channels that include Direct-to-Consumer (B2C), distribution partners, resellers, and an affiliate program featuring prominent social media influencers and sponsors.
About Old National Bank
Old National Bank, operated by Old National Bancorp, is a long-established U.S. regional bank founded in 1834 with dual headquarters in Evansville, Indiana, and Chicago, Illinois. It ranks among the top 30 banking companies in the United States and is the sixth largest commercial bank headquartered in the Midwest, with over $70 billion in assets. The bank provides a wide range of financial services including consumer and commercial banking, loans, deposits, wealth management, and treasury solutions across multiple Midwestern and Southeastern states.
