When the deal between Topgolf Callaway Brands and L.A.-based Leonard Green & Partners closes, Topgolf Callaway plans to change its name to Callaway Golf Company. It called LGP "an ideal partner for Topgolf in its next chapter."
Four years after Callaway acquired Dallas-based Topgolf for $2.6 billion in a merger that formed Topgolf Callaway Brands, the joint twosome is coming to an end. The company plans to spin off Topgolf in 2025—with Callaway retaining its revolutionary Toptracer technology.
The appointment of Maryam Morse comes as Topgolf continues to innovate in the golf entertainment sector and expand its global footprint. Morse, who joins the company from Andrews Distributing, will oversee the Playmaker experience and support the company’s mental well-being platform.
Five years after acquiring BigShots Golf, Invited is stepping away from golf entertainment venues to "laser focus" on its nation-leading portfolio of private golf and country clubs, stadium clubs, and business clubs. Invited says its deal with Topgolf Callaway Brands has "just scratched the surface" of synergies the two aim to jointly pursue.
Fort Worth-based American Airlines has flown what it says is the first U.S. commercial passenger flight to use synthetic jet fuel made from waste carbon dioxide and renewable electricity, delivered through a commercial airport’s fuel system....
Dallas-based Bestow has formed a dedicated team called Bestow Labs to build AI-native products for life insurance and annuity carriers, deliberately separating that work from the production systems its clients depend on....
Fort Worth-based American Airlines has flown what it says is the first U.S. commercial passenger flight to use synthetic jet fuel made from waste carbon dioxide and renewable electricity, delivered through a commercial airport’s fuel system....
Dallas-based Bestow has formed a dedicated team called Bestow Labs to build AI-native products for life insurance and annuity carriers, deliberately separating that work from the production systems its clients depend on....