SGB Sports & Fitness

Callaway Golf Adds Board Member

Callaway Golf Company announced that it has appointed Varsha Rao to its Board of Directors, which increases its members from thirteen to fourteen.

Carlyle Agrees To Acquire Dainese Group

Global Investment firm Carlyle announced that it has agreed to acquire Dainese Group, the maker of protective equipment for motorcycling and extreme sports, from Investcorp and Lino Dainese. Cristiano Silei will remain as CEO of the company.

Jocko Fuel Secures Investment

Goode Partners, LLC, the New York-based private equity firm, announced a minority investment in Jocko Fuel, the maker of sports and lifestyle nutritional products.

Dorel Sports’ Q4 Sales Improve 6 Percent

Dorel Industries said sales in its Dorel’s Sports segment, which is being reported as a discontinued operation following its recent $810 million sale to the Pon Group, increased in the fourth quarter by 5.8 percent to $280.7 million.

Orangetheory Appoints Chief Music Officer

Orangetheory Fitness hired artist, DJ and producer, Steve Aoki, as its first chief music officer following a survey of more than 35,000 members who said music played an important role in their fitness routine.