12:51 PM EDT, 03/27/2025 (MT Newswires) -- EMERGE Commerce ( EMCMF ) on Thursday said it agree to acquire discount golf apparel and equipment company Tee 2 Green (T2G), for $2.2 million.

T2G has a 38-year track record of operations, focused on the Canadian market. It had 2024 revenue of $6.4 million, Adjusted EBITDA of $1 million and net income of $0.77 million.

T2G has two retail stores, dozens of roadshows, an online store, and a private label golf apparel brand, Northern Spirit.

"Following a year of tremendous progress, including 3 consecutive quarters of re-igniting positive organic growth, we are pleased to announce the immediately accretive and highly synergistic acquisition of Tee 2 Green, a profitable business with a multi-decade track record that complements our growing golf vertical," said chief executive Ghassan Halazon. "Importantly, the deal is expected to bring EMERGE to cash flow positive moving forward."

The company's shares were last seen up $0.01 to $0.055 on the TSX Venture Exchange.

Price: 0.06, Change: +0.01, Percent Change: +22.22