For Immediate Release
DALLAS, TX., DEC. 20, 2018 – Southpaw Sports & Entertainment has agreed to acquire the Live Events group of Panasonic Sports and Entertainment Business Unit, a Coppell, TX-based, Division of Panasonic System Solutions Company of North America specializing in LED video board solutions. With the acquisition, Southpaw will benefit from Panasonic’s highly skilled and experienced staff and impressive client list of over 200 LED projects throughout North America.
The transaction is expected to close before the end of the year.
"The acquisition of Panasonic’s Live Events LED business gives Southpaw the expertise needed to expand the sports & entertainment side of our business,” said Garry Waldrum, Chief Executive Officer of Southpaw Sports & Entertainment. “Building a solid foundation of talented employees and providing a great customer experience is critical to the success of our business.”
“Panasonic has enjoyed partnering with some of the biggest names in sports and entertainment through the Live Events LED business,” said Kiyoshi Tsumagari, Director, Sports and Entertainment Business Unit, Division of Panasonic System Solutions Company of North America. “With Southpaw, Panasonic believes it has found a home for its Live Events LED business where it can continue to serve current customers and provide innovative solutions to new customers.”
Southpaw’s ownership group is made up of LED industry veterans with over 60 years of combined experience. Southpaw’s project team members have installed some of the most iconic LED displays around North America including new LED displays at SunTrust Park for the Atlanta Braves, new 4K LED displays at the Golden 1 Center home of the Sacramento Kings and over 35 different LED displays at Lincoln Financial Field for the World Champion Philadelphia Eagles. Other clients include Florida State University, Texas Christian University, Ohio State University, Michigan State University, the University of Michigan, Churchill Downs, Indianapolis Motor Speedway, Texas Motor Speedway, Texas Live! and SeaWorld.
Southpaw Sports & Entertainment
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