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Portfolio Company Updates
McCormick buys hot-sauce maker Cholula
Seasonings company pays $800 million to private-equity firm L Catterton for the brand
SpaceX launch kicks off regular commercial flights into orbit
Just before 7:30 p.m. U.S. eastern time, a SpaceX Falcon 9 rocket thundered through the nighttime sky over Cape Canaveral, Florida, carrying four astronauts to the International Space Station.
Callaway and TopGolf to combine, creating a global golf and entertainment leader
Callaway (NYSE:ELY) and Topgolf Entertainment Group (“Topgolf”) today announced that the companies have entered into a definitive merger agreement. Under the terms of the agreement, Callaway
Dallas eyecare group says there’s more to come after recently completing 12 acquisitions
The eyecare platform of a Dallas firm recently completed 12 acquisitions, and is on track to own and operate more than 200 practices by the end
Secondhand clothing is more popular than ever. Even in a pandemic
Big clothing chains are struggling in the pandemic, but for Christina Hurtado, sales are booming. Hurtado, a full-time nurse, sells clothing under the handle @glittermethod on
Second-Hand Luxury Still Shines at The RealReal
The coronavirus pandemic weighed on luxury consignment marketplace The RealReal’s profitability, but other numbers point to a bright future ahead. Revenue declined 21% in the quarter
Topgolf Opens Second Innovative, Open-Air Venue in Chattanooga
Topgolf Entertainment Group, a global sports and entertainment company, announced its newest venue located in Chattanooga, Tenn. will open its doors to the public on Aug. 7. The new
Topgolf on Public Course
Topgolf is reportedly in talks to go public in a merger with the special purpose acquisition company Churchill Capital Corp. II. The Dallas-based entertainment company was rumored to
Topgolf Said in Talks to Go Public Via Churchill Capital
Topgolf International Inc., an operator of driving ranges with a party atmosphere, is in talks to go public through a merger with the blank-check company Churchill Capital
After raising millions, Austin’s FlashParking makes first acquisition
Six months ago, FlashParking raised $60 million for growth. Now the Austin-based company, which develops technology for managing parking lots, is putting that money to work
Leading Clean Nutrition Brand, Orgain, to Provide 100,000 Clean Protein Shakes
Orgain, known for its best-selling Organic Plant Based Protein Powder and maker of the first ever Organic Nutrition Shake, announced its commitment to donate 100,000 Clean
Virtue wins Cholula Hot Sauce and flies out gate with new Tacothon campaign
Cholula Food Company has chosen Virtue as its lead creative agency, impressed by the shop’s ability to transform amid a global crisis. Virtue, born from VICE,
