Cary-based Stitch Golf raised $3 million and Gateway Ambulatory Center landed $518,000 in new capital, according to securities filings.
- Cary-based Stitch Golf raises $3 million
CARY – A Cary-based golf equipment company has raised $3 million in a private equity offering, according to a filing Wednesday with the Securities and Exchange Commission.
Stitch Golf Holdings Inc. raised the money from 21 investors, according to the filing. It’s the first time that Stitch Golf has filed with the SEC.
The company, which was founded in 2012, manufactures golf bags, head covers and other equipment. The company also sponsors PGA Tour players Brendon Todd and Carl Pettersson.
Stitch Golf’s founder and chief creative officer is Charlie Burgwyn, who previously was in sales at Callaway Golf. He was also CEO of Eritage Apparel.
- Concord-based ambulatory surgery company raises more than $500,000
CONCORD – A Concord, North Carolina-based ambulatory surgery center company has raised more than $518,000 in a private equity offering, according to a filing Wednesday with the Securities and Exchange Commission.
Gateway Ambulatory Surgery Center LLC raised the money from 10 investors and would like to raise another $216,000, according to the filing.
The company said the money may be used to make distributions among the members in proportion to their ownership, and the members include persons that are also executive officers and directors.
Gateway had raised $1.59 million in March.
Francis Langford is the president of the company. Langford is an otolaryngologist and is affiliated with Carolinas Medical Center-Northeast.
He received his medical degree from University of Mississippi School of Medicine and has been in practice for more than 20 years.
These reports are from the North Carolina Business News Wire, a service of UNC-Chapel Hill’s School of Media and Journalism