Golf Avenue is expanding internationally and diversifying its operations with an investment from la Caisse

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Caisse de dépôt et placement du Québec (la Caisse) announced a share capital investment in Golf Avenue, the largest online retailer of pre-owned golf equipment in Canada. This investment will allow Golf Avenue to continue expanding into U.S. and European markets, incorporate new technology into its digital platforms and diversify its service offerings by launching a new platform specifically for cycling. Launch of Cycling Avenue Leveraging its unique business model, which is focused on a seamless process for buying and trading in golf equipment, the Golf Avenue team is now launching Cycling Avenue. This new platform offers all types of certified pre-owned bicycles, including road bikes, mountain bikes or hybrid models. false false false ABOUT GOLF AVENUE Golf Avenue is the largest online retailer of pre-owned golf equipment in Canada, and a North American and international leader. The company has seen strong and rapid growth due to its innovative business model based on the principles of the circular economy. The inventory on the company’s platform is updated daily, offering golfers a selection of more than 50,000 new and used products . With the most competitive prices on the market, Golf Avenue is making golf a sport that is accessible to all while meeting the needs of both experienced and amateur golfers. For more information, go to www.golfavenue.ca ABOUT CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at June 30, 2019, it held CAD 326.7 billion in net assets. As one of Canada’s leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure, real estate and private debt. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages.