Ethos Partners sells Motocaddy to Corbel Capital Partners

By Public Technologies
  • Ethos Partners sold its investment in Motocaddy to Corbel Capital Partners, completing its exit disclosed October 26, 2026.
  • The sale delivered investors a 3.8x gross money multiple and a 3.3x net money multiple at completion.
  • Metro Bank provided debt financing for the transaction.
  • Motocaddy’s revenue and EBITDA each more than doubled by 2026 from the investment in 2019.
  • Corbel will support the electric golf caddy maker’s next growth phase, particularly in the US, now its biggest growth opportunity.


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