March 4th, 2025
Merit Capital Partners and Fulton Capital Invest in Carl’s Place

Merit Capital Partners recently invested in Carl’s Place, LLC (“Carl’s Place” or the “Company”) in partnership with Fulton Capital and the Company’s President and Founder, Carl Markestad.

Founded in 2006 and headquartered in Milton, Wisconsin, Carl’s Place is a leading manufacturer and distributor of fully customizable golf simulator packages and products. The Company sells branded proprietary products, such as enclosures, hitting mats, and impact screens, in conjunction with golf technology products, such as launch monitors, to create complete golf simulator packages.

Joe Polaneczky, Managing Director at Merit, said, “Carl’s Place represents an exciting opportunity to partner with a company uniquely positioned for growth within the golf equipment industry. Over its 20-year history, Carl’s Place has become a leading provider of fully customizable golf simulator packages for residential and commercial customers. We are proud to partner in this investment alongside Fulton Capital and Carl Markestad.”

Merit provided equity and subordinated debt in this investment. Please contact Joe Polaneczky or Alec Hutcherson for more details.

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