Topgolf in Talks to Be Sold to Private-Equity Firm Leonard Green

The ongoing talks for Topgolf's sale to Leonard Green, valued at around $1 billion, reflect a broader trend in the private-equity sector where firms are increasingly targeting high-tech and entertainment ventures. Similar to Thoma Bravo's recent $12.3 billion take-private deal for Dayforce, which underscores the appetite for technology-driven companies, Leonard Green's interest in Topgolf aligns with the strategic moves seen in the market. Additionally, Clearlake's nearly $1 billion acquisition of Pathway Capital Management further illustrates the competitive landscape among private-equity firms seeking to expand their portfolios in lucrative sectors.