Skip to content
Thursday, October 29, 2026 · Today’s edition, 6:30 a.m. ETThu, Oct 29 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in

Arthur Blank's AMBSE leads Pro Shop's $24M Series B

New backers Causeway Media Partners and Ares Sports, Media and Entertainment funds joined returning investors including PGA Tour.

At a glance

  1. Sports Business Journal's headline describes that group as Arthur Blank's family office.
  2. The Ponte Vedra Beach, Fla., company said the capital will fund digital media and original programming, live events and competition formats, its owned media brands and commerce businesses, and acquisitions and partnerships.
  3. Pro Shop said it reaches more than 35 million unique users and has doubled revenue year over year.

Pro Shop announced on Oct. 5, 2026, the closing of a $24 million Series B led by Arthur M. Blank Sports and Entertainment. Sports Business Journal's headline describes that group as Arthur Blank's family office.

New investors Causeway Media Partners and Ares Sports, Media and Entertainment funds joined the round, alongside returning backers PGA Tour, Powerhouse Capital and Phoenix Capital Ventures, according to the announcement.

The Ponte Vedra Beach, Fla., company said the capital will fund digital media and original programming, live events and competition formats, its owned media brands and commerce businesses, and acquisitions and partnerships.

Pro Shop said it reaches more than 35 million unique users and has doubled revenue year over year.

Troy Rice, chief executive of PGA TOUR Superstore, an Arthur M. Blank Sports and Entertainment company, joins Pro Shop's board as part of the lead investment.

Reported by the Direct & Co-Investments desk from PR Newswire and Sports Business Journal. Published . Corrections

Related

Family Offices

Getty family and Koch commit up to $533M to take Getty Images private

Holders of 83.5% of Getty's unsecured bonds agreed to retire $270 million in senior notes in the prepackaged filing.

Family Offices

Seragnoli's B.group exits iSMA Controlli in €63m sale to IMI

The Bologna family office held the HVAC controls maker for 15 years after a 2011 buyout and reorganized it in 2021.

Family Offices

Wittouck family's Artal joins Universal Quantum's $100m-plus round

The round, co-led by DCVC and Firgun Ventures, funds a Singapore R&D site plus U.S., Japan and Hamburg expansion, Family Office Hub reports.

Family Offices

Bezos Expeditions co-led a $475 million round in Oratomic

Premji Invest joined a $30 million seed round in AI agent startup Catalyst, and DFO Public Investments' SK Inc. purchase was its second disclosed deal in nine days.

Family Offices

Wittington Investments agrees $8.9B Boots buyout from Sycamore

Fairfax Financial Holdings is a partner, with Wittington holding operational control of the 1,800-store U.K. and Ireland pharmacy chain.

The Family Office Daily Briefingfrom Private Wealth Daily

Formations, direct deals, people and governance at single- and multi-family offices. Daily at 7:40 a.m. ET.

Free. Every morning. Unsubscribe from any edition in one click.

From other sections