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Drive Shack
[Photo: Drive Shack]
Drive Shack Names Interim CEO and Engages External Finance Pros After CEO, CFO Departures
by Lance Murray | May 3, 2023
The Dallas-based owner and operator of golf-related leisure and entertainment businesses, including Puttery, has announced a search for a new CEO following the departure of Hana Khouri this week. Mike Compton has been named interim CEO. The company expects to name a CFO as it completes its search for a permanent chief executive.
by Lance Murray |
Feb 2, 2023
The move comes several weeks after Dallas-based Drive Shack—whose portfolio consists of American Golf, Drive Shack, and Puttery—voluntarily delisted from the NYSE.
“We are excited to trade on the OTCQX market to allow efficient, cost-effective access to the U.S. capital markets and transparent trading for our investors as we drive to increase shareholder value in the public markets,” said Hana Khouri, the company's president and CEO.
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by Quincy Preston |
Dec 15, 2022
Dallas-based Drive Shack Inc., creator of the modern mini-golf brand Puttery, plans to voluntarily delist from the NYSE in order to focus on running the business and achieving growth.
Entertainment venues and "competitive socializing" are a driver of that growth: Puttery has expanded to five locations since its debut in North Texas in 2021. "Going dark" will allow management and employees to focus on running the business and achieving growth—without the distractions of being a publicly traded company, it says.
Entertainment venues and "competitive socializing" are a driver of that growth: Puttery has expanded to five locations since its debut in North Texas in 2021. "Going dark" will allow management and employees to focus on running the business and achieving growth—without the distractions of being a publicly traded company, it says.
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by Kevin Cummings |
Nov 7, 2022
At last week's Venture Dallas conference, more than 400 VCs, angel investors, startups, and business leaders gathered for a showcase of North Texas' entrepreneurial and venture ecosystem. Here's a look at the highlights—from Troy Aikman saying "There are no shortcuts" to Alto Founder Will Coleman on the power of doing "the opposite" to Mark Cuban's "ready, fire, aim" approach.
“Regions like Texas and Dallas-Fort Worth, we’re the model for the rest of the nation on how to get things done," Ross Perot Jr. said at the conference kickoff.
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Game On: North Texas is a ‘High-Tech Entertainment’ Paradise
by David Seeley | Jul 28, 2022
From Topgolf to Puttery, Electric Shuffle, TOCA Social, Two Bit Circus and more, North Texas may be America's greatest high-tech playground.
Check out this roundup of who's playing what where.
Check out this roundup of who's playing what where.
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by David Seeley |
Apr 22, 2022
“Invited is not just a name. It’s everything we are,” says CEO David Pillsbury. It's a game changer: ClubCorp sees a new high-tech era of "democratized" golf.
The rebranding announcement follows last week's Bloomberg report that Apollo Global Management Inc.—which took ClubCorp private in 2017—is weighing an IPO for the country club operator as early as this year, at a potential value of around $4.5 billion.
The rebranding announcement follows last week's Bloomberg report that Apollo Global Management Inc.—which took ClubCorp private in 2017—is weighing an IPO for the country club operator as early as this year, at a potential value of around $4.5 billion.
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by David Seeley |
Aug 31, 2021
Puttery's "modern spin" on putting features 20,700 square feet of entertainment—with four wildly creative 9-hole "golf courses" on two floors, three bars, an outdoor terrace, and multiple lounges and seating areas.
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by David Seeley |
Jul 12, 2021
McIlroy and his investment partnership will invest at least $10 million in the high-tech mini-golf concept, in exchange for 10 percent ownership in the equity of each Puttery venue planned to open through 2023—including one in the Dallas area later this summer.
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