Hospitality & Leisure

Target Hospitality Prices $259M Secondary Offering, Buys Back $30M in Stock

The Woodlands, Texas – September 12, 2026 -- Target Hospitality Corp. (Nasdaq: TH) has priced an upsized secondary offering of 14,000,000 common shares at $18.50 apiece, generating approximately $259 million in gross proceeds for the selling stockholders. The Company itself will not receive any proceeds from the transaction.

TDR Capital-linked entities offload stake through Arrow Holdings and MFA Global

The shares being sold belong to Arrow Holdings S.à r.l. and MFA Global S.à r.l., entities controlled by TDR Capital LLP acting as investment fund manager. Underwriters have also been granted a 30-day option to purchase up to an additional 2,100,000 shares, which could push total proceeds higher. The offering is expected to close on September 10, 2026, subject to customary conditions.

BODYBAR Pilates Opens First Kentucky Studio in Lexington

Lexington – September 12, 2026 -- BODYBAR Pilates has opened its first Kentucky studio at 4257 Harrodsburg Road in Lexington's Palomar neighborhood, expanding the reformer-based franchise's national footprint to 86 locations and more than 21,000 members.

Husband-and-wife team brings franchise to Lexington market

The 2,500-square-foot studio, BODYBAR Pilates Palomar, is owned and operated by Cara Groth, a pharmacist of 23 years, and Jason Groth, a physician assistant. The couple was inspired to pursue the franchise after their daughter, a professional ballerina, began working at a BODYBAR studio in Georgia. The Palomar location features 14 Reformers, group classes led by certified instructors, private lesson sessions during off-peak hours, and a retail boutique.

Target Hospitality Investors Sell 13M Shares, Firm to Buy Back $30M

The Woodlands, Texas – September 12, 2026 -- Target Hospitality Corp. (Nasdaq: TH) launched an underwritten secondary offering of 13,000,000 shares of common stock on behalf of its controlling investor group, while simultaneously committing to repurchase up to $30,000,000 of stock from the deal's underwriters.

TDR Capital-linked entities sell 13 million shares in secondary offering

The shares are being sold by Arrow Holdings S.à r.l. and MFA Global S.à r.l., both controlled by TDR Capital LLP acting as investment fund manager. Target Hospitality is not issuing any new shares and will not receive proceeds from the offering. Underwriters have been granted a 30-day option to purchase up to an additional 1,950,000 shares.

COPA Leads $7M Funding Round in Shoot 360, Forms Strategic Partnership

Vancouver, Wash. – September 12, 2026 -- Shoot 360 has secured a $7 million growth funding round led by COPA Innovation Laboratories and its investment arm, COPA Venture Capital, as part of a new strategic partnership between the two sports technology companies.

Shoot 360 scales technology-powered basketball training beyond 65 locations

Founded in 2012 by Craig Moody, Shoot 360 operates more than 65 franchise locations across the U.S. and internationally, pairing immersive basketball training with performance-tracking software. The company has built partnerships with several NBA teams and maintains a significant pipeline of new locations in development.

Genesis House Taps Hand Hospitality for Fall Culinary Relaunch

New York City – September 12, 2026 -- Genesis House, the Genesis Motor North America flagship in the Meatpacking District, has partnered with New York Korean-American hospitality group Hand Hospitality to relaunch its restaurant concept later this fall.

Genesis House restaurant closes in September ahead of Hand Hospitality takeover

The current restaurant operation will temporarily close beginning in September 2026, ending Genesis House's culinary partnership with Restaurant Associates, which had run the food and beverage program since the venue opened in November 2021. Hand Hospitality, founded by Kihyun Lee in New York City in 2011, will assume leadership of the space and reopen it under a new concept later this fall; specific menu, design and timing details have not yet been disclosed.

Green Sports Alliance Names Jeff Pacini Executive Director

Portland – September 12, 2026 -- The Green Sports Alliance has appointed Jeff Pacini as its new Executive Director, placing a two-decade sports management and philanthropy veteran atop the global coalition of sports team and venue executives focused on sustainability.

Prodigy Search led the national executive search that selected Pacini

The Green Sports Alliance conducted an extensive national search through Prodigy Search before selecting Pacini to steer the organization, which convenes professional sports leagues, governing bodies, colleges, teams and venues around environmental and social impact initiatives.

COPA Innovation Leads $7M Funding Round in Shoot 360

Vancouver, Wash. – September 12, 2026 -- Shoot 360, a technology-powered basketball training franchise, has secured a $7 million growth funding round led by COPA Innovation Laboratories and its investment arm, COPA Venture Capital, as part of a new strategic partnership between the two sports technology companies.

Shoot 360 operates more than 65 locations with NBA team partnerships

Founded in 2012 by Craig Moody, Shoot 360 combines immersive basketball training with performance-tracking software across more than 65 franchise locations in the U.S. and internationally, including a pipeline of new sites and partnerships with several NBA teams.

Lyon Biennale Opens Professional Preview Days Sept. 17-18 Ahead of Public Launch

Paris – September 10, 2026 -- The 18th Lyon Biennale – Contemporary Art will open exclusive professional preview days on September 17 and 18, 2026, granting accredited industry figures early access to 120 artists and 400 works across 11 venues before the exhibition opens to the public on September 19.

Accreditation deadline falls September 16 for art-world professionals

Curators, gallerists, museum directors, collectors and cultural-institution staff must apply for personal accreditation by September 16, 2026, to secure entry to the two-day preview. The pass also unlocks the September 18 opening reception at Les Grandes Locos and access to all Biennale venues during the first two public days, September 19-20.

Al Shams to Nominate Five Directors to Take Control of Braemar Board

Pembroke, Bermuda – September 11, 2026 -- Al Shams Investments Limited, the largest shareholder of Braemar Hotels & Resorts Inc. (NYSE: BHR), said it will nominate a full slate of five independent directors sufficient to take control of the hotel REIT's board.

Braemar set a September 14 nomination deadline days after announcing its annual meeting

Braemar disclosed the date of its 2026 Annual Meeting on September 4, attaching a shareholder director-nomination deadline of September 14 and making the announcement immediately ahead of a long holiday weekend. Al Shams called the compressed window part of a pattern of governance practices it has criticized in prior letters to shareholders.

MADD Sports, Uber, Capital Invitational Launch Safety Campaign

Springfield, Va. – September 11, 2026 -- Mothers Against Drunk Driving (MADD) Sports, Uber, and the Capital Invitational will launch a joint safety and prevention campaign on December 10 at The St. James in Springfield, Virginia, targeting impaired driving, underage substance use, and mental wellness among student-athletes and families.

Three organizations align around a single-day activation at a nationally ranked showcase

The initiative centers on the Capital Invitational, a girls' scholastic basketball showcase now entering its sixth year at The St. James, a 500,000-square-foot sports and wellness facility that draws more than 4 million annual visitors. The event attracts nationally ranked teams and elite players competing for recruiting exposure.