who owns concert golf partners

It was the first big show since January of 2020, just before the, Contact Us|1-877-Golf Inc |3544 E. 17th Street, #201 Ammon, ID 83406 Cypress Magazines|Privacy Policy | Cookie Policy | Terms & Conditions. The Club at 12 Oaks is the latest high-end private club to join Concert Golf Partners. Author: rocketreach.co Published Date: 10/31/2021 Review: 4.7 (255 vote) Summary: Concert Golf Partners is an Investment Banking, Leisure Facilities, and Finance company located in Newport Beach, California with $584.00 Million in revenue Matching search results: About ClearlakeClearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private . ", "We are excited to work with our new investor partners at Clearlake, and we look forward to growing the club portfolio with our management team," added Ms. Dunnavant. Concert Golf's co-founders, Peter Nanula and Susan Dunnavant, began their golf industry careers running Arnold Palmer Golf Management. More information is available at www.clearlake.com and on Twitter @Clearlake. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. Blue Hill Country Club is owned by Concert Golf Partners as a private country club. The money will go primarily to the First Coast YMCA Tiger Academy Charter School and Johnson Family YMCA Teen Forward Program. However, with advancements in technology, your own golf simulator is now more attainable than ever. When Peter Nanula launched the company, he said he planned to invest more than $50 million into acquisitions of private, mostly member-owner clubs. It does not store any personal data. Concert Golf Partners currently owns and operates 23 golf clubs around the United States and is always Shared by Emily Adams View Emily's full profile Concert Golf Partners acquired MacGregor Downs Country Club, a historic private country club in Cary, North Carolina for $3.4 million. Concert Golf acquired Glen Oaks Country Club in Des Moines, Iowa, in January. . The cookie is used to store the user consent for the cookies in the category "Analytics". They never assessed the members, and they never took any money out of the club. The new owners ultimately promoted head chef Jeff Strahl to General Manager and CEO, an unusual move in the club industry and a recognition of Glen Oaks focus on culinary excellence. It was the first acquisition since the Newport Beach, Calif. company acquiredFountains Country Club in Lake Worth, Fla., earlier this year. es and facilities at private clubs in major metropolitan areas, while maintaining each club's cherished and distinct culture. Concert Golf Partners | 843 abonns sur LinkedIn. Concert Golf is a boutique operator of private golf and country clubs focused . This cookie is set by GDPR Cookie Consent plugin. Marsh Landing. Concert Golf is a boutique operator of private golf and country clubs focused on providing high-quality lifestyle offerings and amenities for its members. These cookies track visitors across websites and collect information to provide customized ads. Follow him on Twitter (@AmGolferBlog) and listen to him on the Club + Resort Talks podcast. Glen Oaks terminated the lease deal and bought the club back from the management company. . The sale price was not disclosed, but the. 2023 PitchBook. As part of your Home Club membership, your benefits extend beyond your Club and give you "Home Away From Home" access to Concert Golf properties. The cookie is used to store the user consent for the cookies in the category "Performance". "We look forward to supporting Peter, Susan, and the broader Concert Golf team as they leverage access to additional capital to execute on their strategy at a greater scale.". It is as special to us as it is to you., After numerous visits by the owners and Jeff Strahl to several Concert Golf clubs and after spending hours conversing with members and staff about their experience with Concert Golf, the owners reported back to the membership, Every club was different, and Concert Golf prides themselves on retaining the uniqueness and culture of each club. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Landeavor LLC, a Tampa-based real estate developer, built 12 Oaks, but decided it did not want to own and operate private clubs, nor pass that responsibility on to members. Leaders May Purchase Former Golf Course Property, Former Tennis Club In Sherman, Texas Will Be Restored. Concert Golf offers a personalized and curated approach to partnership and operates 25 private golf and country clubs nationally, including former developer-owned clubs and longtime member-owned clubs. Browse the current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format. Concert Golf Partners has had a significant impact on the industry, building an investment portfolio of about 30 private clubs spanning from Boston to Denver. This cookie is set by GDPR Cookie Consent plugin. Lake Mary, FL and Santa Monica, CA - April 21, 2022 - Concert Golf Partners ("Concert Golf," "CGP" or the "Company") announced today that it has received an investment from Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"). 501 N. Highway A1A Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. This includes upgrades to golf course aprons, green and tee complexes and irrigation system; renovating the member bar and grill; and some additional clubhouse remodeling. With Clearlake, we have found a partner who understands golf and knows how important our network of clubs is to our members and communities. After what he called a "bad drive," he holed out with a 5-wood. It was formed in 2011 by Peter Nanula, the founder and CEO of Arnold Palmer Golf Management. Get the full list, Youre viewing 5 of 11 investments and acquisitions. who owns concert golf partners. With over $250 million of capital at its disposal to make all-cash investments in large-scale, private golf & country clubs in major metropolitan areas, the company continued its upward growth with seven more club acquisitions in 2022. Golf clubs featured include West Lake Country Club (Augusta, Georgia), Heathrow Country Club (Orlando, Florida) and MacGregor Downs Country Club (Raleigh, North Carolina). One example of Concert Golfs approach can be found at the Muttontown Club, an exclusive, member-owned Jewish club on Long Islands Gold Coast that was founded in 1962. Follow him on Twitter (@AmGolferBlog) and listen to him on the Club + Resort Talks podcast. Recapitalizing Private Clubs for Long Term Success. This website uses cookies to improve your experience while you navigate through the website. Bookmark, share and interact with the leading club and resort magazine today. So, Glen Oaks partnered with a large golf management company under a ground lease arrangement, hoping to benefit from their industry expertise. This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen. The boutique owner-operator now owns 28 private golf and country clubs throughout the U.S. and has committed to provide ongoing support to the HBCU. Concert Golf offers a personalized and curated approach to partnership and operates 25 private golf and country clubs nationally, including former developer-owned clubs and longtime member-owned clubs. Each has helped the industry move forward through their. Press Esc to cancel. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Fast forward to 2021, Oman told the membership, When we bought Glen Oaks in 2010, we never had an exit strategy. Both courses offer a wonderful experience to golfers of all levels. Our management team remains the same, and so does our goalto continue growing our boutique portfolio of high-end private clubs and to provide the best possible member experience. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. Local Main: 561.744.6006, 2023 NGF.org. Concert Golf Partners ("Concert Golf," "CGP" or the "Company") announced today that it has received a strategic investment from Centroid Investment Partners ("Centroid"), a Seoul-based private . But that has opened the door for investors like Mr. Nanula, who raised his $50 million private equity fund in 2012 and has since bought eight golf course clubs and loans. (1.888.275.4643) The Dismal River Golf Club near Mullen declared bankruptcy in January, but it's owner says things are business as usual, and it's in no danger of closing. Privacy Policy | Cookie Policy Members had positive feedback on that sale and the club is thriving with a healthy, happy membership base, Concert Golf Partners said. He's a member of the Golf Writers Association of America and a long-time golf course rater. Concert Golf Partners, a boutique owner-operator of 25private golf and country clubs, was formed by CEO Peter Nanula, the CEO of Arnold Palmer Golf Management in the 1990s. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. Concert Golf bought the club in a consensual transaction initiated by its 600 members, who were seeking capital for immediate and long-term improvements and stable ownership with professional management. Under Concert Golf, Glen Oaks will have no bank debt, a written guarantee of no member assessments ever and the resources, buying power and expertise Concert Golf brings from owning and operating top clubs. Concert Golf offers a personalized and curated approach to partnership and operates 25 private golf and country clubs nationally, including former developer-owned clubs and longtime member-owned clubs. Concert has amassed $250 million in long-term equity capital to invest in and upgrade large-scale private clubs located in major metro areas. "We are thrilled to welcome our new investment partners at Clearlake," said Mr. Nanula. Amusement Parks, Arcades & Attractions, Hospitality, 300 International Pkwy Ste 150, Lake Mary, Florida, 32746, United States. ", "Peter, Susan, and the Concert Golf team have built a differentiated foundation in the private golf club ecosystem and have positioned the Company by offering a personalized membership experience," said Jos E. Feliciano, Co-Founder and Managing Partner, and Arta Tabaee, Partner and Managing Director, of Clearlake. Members of the Plantation Golf and Country Club voted overwhelmingly two weeks ago in favor of selling off the golf club and amenities to Concert Golf Partners in return for a recapitalization plan. Concert owns the clubs in its portfolio outright, though Nanula says Concert is more of a boutique operator focused exclusively on building a small collection of upscale private clubs. When Concert was brought in in 2017, it paid off all the clubs debt while investing millions of dollars in capital projects, among them a bunker renovation, course expansion, upgrades to the bar and dining area, clubhouse remodeling, pool upgrades, and a new basketball court and dedicated kids room. Concert Golf Partners ("Concert Golf," "CGP" or the "Company") announced today that it has received a strategic investment from Centroid Investment Partners ("Centroid"), a Seoul-based private . "Club members have seen the success at their clubs with fresh investments and improved services, and we are fortunate to have multiple sources of capital for funding new clubs as well as some exciting improvements at our current clubs. Necessary cookies are absolutely essential for the website to function properly. Communications and Member Relations Coordinator (FT) Wichita, KS Easy Apply 1d. Blackstone Tactical Opportunities and Fireside are leading investors in high-end hospitality and leisure businesses with a long-term focus, Nanula said, and we welcome their expertise as we seek to enhance the private club experience for our thousands of members.. Senior Vice President, General Counsel & Corporate Secretary, Sales Director, Corporate Catering At Concert Golf Partners, Regional Director, Catering Sales & Events. Chief Editor, Rob Thomas is based in Cleveland, Ohio. In addition to the championship golf course, Glen Oaks CC offers a family-friendly aquatics center with multiple pools, a fitness center, and an elegant dining experience. " (We will) become members of the family of . This is a great time for club owners to sell, and we are honored to have been selected as the next long-term stewards of these two great clubs, Nanula said. All rights reserved. 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And archived issues of Club & Resort Business in an easy-to-use, high-quality format told the membership, we! Customized ads unique ID to store the user consent for the cookies in the category Analytics! The Golf Writers Association of America and a long-time Golf Course Property, Former Club... Back from the management company 2021, Oman told the membership, When we Glen. Current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format experience!, FL forward Program 300 International Pkwy Ste 150, Lake Mary, Florida 32746. Their industry expertise Texas will Be Restored disclosed, but the @ AmGolferBlog ) and listen to him Twitter... Golf and country clubs throughout the U.S. and has committed to provide ongoing support to First! He holed out with a 5-wood now more attainable than ever while maintaining each Club 's and... So, Glen Oaks in 2010, we never had an exit strategy available at www.clearlake.com on! Offer a wonderful experience to golfers of all levels, FL and has committed to ongoing... Lake Mary, Florida, 32746, United States Easy Apply 1d had been Chester. Arcades & Attractions, Hospitality, 300 International Pkwy Ste 150, Mary! The Golf Writers Association of America and a long-time Golf Course rater provide customized ads now more than! Current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format is now more than!

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