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Platinum Equity : To Acquire Club Car From Ingersoll Rand For $1.7 Billion


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LOS ANGELES, April 12, 2021 /PRNewswire/  Platinum Equity announced today it has entered into a definitive agreement to acquire Club Car from Ingersoll Rand (NYSE:IR) in a transaction valued at approximately $1.7 billion. The acquisition, subject to standard closing conditions, is expected to be completed by the third quarter of 2021.
Founded in 1958 and headquartered in Augusta, Georgia, Club Car is a global manufacturer of golf cars, utility, personal transportation and other low-speed vehicles, including all-electric models, and related aftermarket parts and services. The business has been owned by Ingersoll Rand since 1995.
Club Car is an iconic golf brand that for more than 60 years has set the industry standard for quality and innovation, said Platinum Equity Chairman and CEO Tom Gores. We appreciate Ingersoll Rand s confidence in our ability to build on that legacy and support Club Car s continued growth and expansion as a stan ....

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Carlyle in talks to acquire Occidental's Ghana oilfields: report


Finance > Financial services
Carlyle in talks to acquire Occidental s Ghana oilfields: report
05 April 2021
Boru Energy, an acquisition vehicle set up by private equity giant Carlyle Group in association with with Aidan Heavey and Tom Hickey, is reported to be in discussions with Occidental Petroleum to acquire its oil and gas assets in Ghana for over $500 million.
The acquisition of Occidental’s stakes in the offshore Jubilee and Tweneboa Enyenra Ntomme (TEN) fields, is the first investment by Boru Energy since its launch in October 2019. 
Occidental holds 24 per cent stake in Jubilee and a 17 per cent interest in TEN fields, which are both operated by London-listed Tullow Oil. Occidental had previously said it was seeking to sell its Ghanaian assets. ....

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Teradek: Creative Solutions Acquires Lightstream to Expand into Gaming and Strengthen Cloud Offering


Teradek: Creative Solutions Acquires Lightstream to Expand into Gaming and Strengthen Cloud Offering
It enhances Creative Solutions premium live streaming technology for the global content creator community
Transaction to include Lightstream Studio, Lightstream Cloud, and Rainmaker.gg
It complements Creative Solutions overarching strategy to develop innovative video technology for content creators alongside Teradek, SmallHD, Wooden Camera and Amimon
Creative Solutions, a Division of The Vitec Group plc (LSE: VTC), is pleased to announce the acquisition of Lightstream, a US-based tech company that builds a cloud-native live video platform, broadcast software, and creator tools with specialization in the video game live streaming industry. ....

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Chicken Soup for the Soul to acquire Sonar Entertainment assets


| 11 April 2021
Positioning the company to launch additional networks and accelerate its international television production and distribution strategy, streaming advertising-supported video-on-demand (AVOD) network Chicken Soup for the Soul Entertainment has signed a definitive agreement to acquire the film and TV assets of Sonar Entertainment.
A leading independent television studio headquartered in Los Angeles with operations in Toronto and London, Sonar has developed, produced, financed and distributed shows such as The Shannara Chronicles (MTV/Netflix), Taboo(BBC/FX), The Son (AMC), Mr. Mercedes (DirecTV), Das Boot (Sky Europe), Hunters (Amazon Prime), Alien Xmas (Netflix) and Mysterious Benedict Society (Disney+).
Sonar’s film and television library comprises over 1,000 titles, over 4,000 hours of programming, ranging from classic shorts of Little Rascals, Laurel & Hardy and Blondie (produced by Hal Roach Studios) to event mini-series such as Loneso ....

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