Trying to capitalize on the recent boom in the golf market, Vista Outdoor has agreed to buy Foresight Sports, a producer of high-enhd golf simulators based in San Diego, California, for $475 million plus up to $25 million in contingent incentives. The amount is equal to about ten times the company’s adjusted Ebitda for this year, estimated at around $50 million on revenues of $100 million. It will be immediately accretive, bringing also $60 million in future tax benefits. The transaction is Vista’s biggest deal since its snapped up CamelBak, Bell Action Sports and Jimmy Sykes in 2015. In the last 12 months, the American group has made smaller purchases in the areas of ammunition, women’s apparel and electric bicycles. Another golf property of Vista, Bushnell Golf, partnered with Foresight to develop a consumer-grade golf launch monitor based on its technology.

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