ft. clubhouse, new swimming pool complex, golf course renovation, new cart paths, and more. When Concert Golf approached us, a great opportunity for Glen Oaks found us. We are thrilled to welcome some terrific new investor partners, said Peter Nanula, CEO of Concert Golf Partners. Golf - The Muttontown Club Hit the Links An Alfred Tull design, our 18-hole, 71/72 Par championship golf course stretches across 150 acres of perfectly manicured grounds with great practice facilities including a driving range, short game area, and several chipping/putting greens. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. These new investors will supplement the capital provided by CGPs current funding sources. $45K-$50K Per Year (Employer est.) Moelis served as financial advisor to Clearlake. When Peter Nanula launched the company, he said he planned to invest more than $50 million into acquisitions of private, mostly member-owner clubs. In a press release, Concert Golf vice president said the group intends to invest $7 million into the club "in the coming years.". Company / Industry ContactPeter Nanula[emailprotected], Clearlake / Media ContactJennifer Hurson[emailprotected], Cision Distribution 888-776-0942 Concert has amassed $250 million in long-term equity capital to invest in and upgrade large-scale private clubs located in major metro areas. The course sits, Editors Note: Golf Inc. has named five individuals as 2023 golf business Visionaries of the Year. . But, he said ClubCorp presented a unique opportunity and he was willing to consider such a sale. These cookies will be stored in your browser only with your consent. Three private club board members share how Concert Golf Partners has transformed their upscale golf and country clubs. Club, the storied 90-year old private club in the Boston suburb of Canton, has completed its recapitalization with Concert Golf Partners, the boutique owner . Our members not only enjoy the manor's elegant interior and staffed fitness center, but also 5 Har-Tru clay tennis courts, an over-sized pool, kid's playground, and an 18-hole golf course that offers an abundance of play for men and women alike. 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. Of equal note, all facilities are operating profitably and generating significant cash each year to fund additional capital projects in the future. The acquisition adds another Jack Nicklaus Signature course (Sagamore Club) and a highly-ranked Arnold Palmer design (Players Club) to Concert Golfs collection of upscale private clubs, which now numbers 25. https://clubandresortbusiness.com/getting-back-track-macgregor-downs-cc/, Effort to Resurrect Beacon Hill GC Hits Technical Snag. He's a member of the Golf Writers Association of America and a long-time golf course rater. cota intends to host certain motorsports events, musical events (concerts and music festivals in Los Angeles, CA 90067 Office - 310 550 4000. Bookmark, share and interact with the leading club and resort magazine today. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". who owns concert golf partners May 14, 2022 10:02 am dino egg incubator stardew dino egg incubator stardew Golf Club Faces Class Action Lawsuit. So, Glen Oaks partnered with a large golf management company under a ground lease arrangement, hoping to benefit from their industry expertise. Each has helped the industry move forward through their. 12 Oaks members and Landeavor had a wish list of capital projects, and Concert Golf Partners agreed to fund them. For more information about Concert Golf Partners, please visit concertgolfpartners.com. CGP takes a long-term investment . This cookie is set by GDPR Cookie Consent plugin. That's fine with the hosts, Your California Privacy Rights/Privacy Policy. . Concert Golf's co-founders, Peter Nanula and Susan Dunnavant, began their golf industry careers running Arnold Palmer Golf Management. ", "Concert Golf's value-added approach to operating clubs, combined with its operating expertise, has positioned the Company well to bring its best practices to new locations and enhance the experience for private club members," added Dilshat Erkin, Senior Vice President at Clearlake. Married with three children, Rob enjoys golf when not participating in activities with his family. But, he said ClubCorp presented a unique opportunity and he was willing to consider such a sale. Blue Hill Country Club is owned by Concert Golf Partners as a private country club. All Concert Golf Partners clubs were previously developer- or member-owned clubs. Formed by Nanula, the founder and CEO of Arnold Palmer Golf Management (1993 to 2000), Concert Golf has amassed $150 million of patient, long-term equity capital to invest in and upgrade large-scale private clubs located in major metro areas. Analytical cookies are used to understand how visitors interact with the website. Concert Golf is a boutique operator of private golf and country clubs focused on providing high-quality lifestyle offerings and amenities for its members. The Marsh Landing Country Club has changed hands and, in a sense, the property has come full circle. 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. ", "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. This cookie is set by GDPR Cookie Consent plugin. from 8 AM - 9 PM ET. The clubs were purchased in an all-cash transaction that closed in four months. He beat his age of 90 by six shots with an 84, and had an eagle-two at the par-4 fourth hole. Started in 2010 by former Arnold Palmer Golf Management founder Peter Nanula, the company focuses on premier private clubs in major metropolitan areas, making significant all-cash investments and upgrades while changing their business model to for-profit. Concert Golf has also released a Golf Partners Overview video that can be viewed HERE. 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. By clicking Accept, you consent to the use of ALL the cookies. 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. Site by Clubessential. C+RB wrote about Concert Golfs involvement with MacGregor Downs CC in Cary, N.C. as its April 2016 cover story (https://clubandresortbusiness.com/getting-back-track-macgregor-downs-cc/). He's a member of the Golf Writers Association of America and a long-time golf course rater. 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 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. Marsh Landing was originally developed by Paul and Jerome Fletcher and had been ownedby Chester Stokes. 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. The company continues to aggressively look for elite, fully private clubs, in major markets, and pays generously to those who facilitate introductions to owners or board members. More than high-quality golf, White Manor has a reputation for both fun and refinement coming from an active, vibrant membership which enjoys a country club experience ranging from casual to elegant and family-focused to adult. For more information about Concert Golf Partners, visit www.concertgolfpartners.com. 1922 In 1922, the Club ushured in a new era of golf exhibitions, staging events that featured the world's best golfers. Founded in 2011, Concert. Membership at White Manor begins with the camaraderie of men and women who set high standards for . The money will go primarily to the First Coast YMCA Tiger Academy Charter School and Johnson Family YMCA Teen Forward Program. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. In the 1990s, the developer handed the reins to the members, whose rotating board of part-time volunteers struggled to agree on funding necessary capital improvements and a consistent vision for the club. Concert Golf Partners acquired MacGregor Downs Country Club, a historic private country club in Cary, North Carolina for $3.4 million. Copyright 2023 WTWH Media, LLC. About ClearlakeClearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 2023 Concert Golf Partners. Get the full list, Youre viewing 5 of 11 investments and acquisitions. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Concert Golf Partners. 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. The non-equity or corporate-owned club, as a . C+RB reported on the transaction at the time. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. CGP takes a long-term investment approach, seeking to deploy capital to upgrade amenities and facilities at private clubs in major metropolitan areas, while maintaining each club's cherished and distinct culture. Effort to Resurrect Beacon Hill GC Hits Technical Snag. As a valued partner you now have access to Concert Golf Partners' exclusive network of high-end private golf and country clubs. 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. 1-877-Golf Inc |3544 E. 17th Street, #201 Ammon, ID 83406, GreatLIFE Golf adds five management deals to its portfolio, Hyderabad Golf Club approves Richardson | Danner renovation plan, Fripp Island Golf & Beach Resort in South Carolina acquired by Seascape Hospitality Group, PGA Show returns with more attendance and enthusiasm, BigShots Golf announces plans for four new locations, New year, new course: making adjustments for convenience and speed, Golf Inc. 2023 Visionaries: Bill Coore and Ben Crenshaw, Access Our Golf Management Company Directory. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Concert Golf is a boutique owner-operator of top private golf and country clubs. The net winners were Skip Lunsford and Kevin Buller at 12-under-par 60, edging Mark Scott and Greg Maugen by one shot. Larry Smith and Mike Vallencourt shot 10-under-par 62 at Eagle Harbor last week to win the Jacksonville Area Golf Association Fall Four-Ball, beating two teams tied for second by four shots. It turned to Concert Golf Partners, which had acquired MacGregor Downs Country Club in nearby Cary, North Carolina in 2014. CGP takes a long-term investment approach, seeking to deploy capital to upgrade ameniti es and facilities at private clubs in major metropolitan areas, while maintaining each club's cherished and distinct culture. This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen. Jupiter, FL 33477-4577, Toll-Free: 1.888.ASK.4NGF Concert Golf Partners is run by Chairman Peter Nanula, formerly the president of Arnold Palmer Golf Management. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S. The firm's core target sectors are industrials, technology, and consumer. Concert Golf Partners, a boutique owner-operator of 25 private golf and country clubs, was formed by CEO Peter Nanula, the CEO of Arnold Palmer Golf Management in the 1990s. 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. In addition, a key factor in all of Concerts membership agreements is a contractual obligation that members will never be assessed or experience a surprise rise in their club dues. Concert Golf Partners acquires two more private clubs, 1-877-Golf Inc |3544 E. 17th Street, #201 Ammon, ID 83406, GreatLIFE Golf adds five management deals to its portfolio, Hyderabad Golf Club approves Richardson | Danner renovation plan, Fripp Island Golf & Beach Resort in South Carolina acquired by Seascape Hospitality Group, PGA Show returns with more attendance and enthusiasm, BigShots Golf announces plans for four new locations, New year, new course: making adjustments for convenience and speed, Golf Inc. 2023 Visionaries: Bill Coore and Ben Crenshaw, Access Our Golf Management Company Directory. Operator of golf properties focused on investing and upgrading private clubs across the United States while maintaining each club's cherished and distinct culture. In each course they have added to their portfolio, Concert Golf Partners has been able to gradually increase membership rosters, invest in new capital improvements, and improve levels of service and course conditions. CGP takes a long-term investment . A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. 14 May 2022 in second hand snowshoes for sale near hamburg No Comments 0 . Married with three children, Rob enjoys golf when not participating in activities with his family. The Plantation Golf and Country Club's recent sale will wipe out millions in debt for members. 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 course sits, Editors Note: Golf Inc. has named five individuals as 2023 golf business Visionaries of the Year. A decade later, the situation is still . Concert Golf Partners revenue is $325.6 M, Concert Golf Partners has 2,500 employees, Concert Golf Partners headquarters are located in 300 International Pkwy Ste 150, Lake Mary, Florida, 32746, United States, Concert Golf Partnerss main industries are: Amusement Parks, Arcades & Attractions, Hospitality, Concert Golf Partnerss CEO is Peter Nanula, Concert Golf Partners appears in search results as Concert Golf Partners, Concert Golf Management LLC, Concert Golf Partners LLC, Concert Capital Coinvestments LLC, Concert Capital LLC, Get Free Access to Concert Golf Partners Contacts Info. Leaders May Purchase Former Golf Course Property, Former Tennis Club In Sherman, Texas Will Be Restored. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. This cookie is set by GDPR Cookie Consent plugin. NEWPORT BEACH, CALIF. (August 26, 2019) Concert Golf Partners (CGP) announced that it has secured $100 million in new equity for additional investments in private golf and country clubs through funds managed by Blackstone. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. Blackstone is one of the worlds leading investment firms, which has extensive experience in the hospitality and leisure sectors. Golf and country club management, owner and operator of private member-owned clubs, all-cash investor in private member-owned clubs, and golf course financing Locations Primary NA Orlando,. Up to $200,000 a year. Concert Golf Partners (CGP) announced that it has secured $100 million in new equity for additional investments in private golf and country clubs through funds managed by Blackstone. 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. 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. This new influx of capital will allow our team to keep doing what we do best investing in upscale golf and country clubs.. Lake Mary, Florida, United States 1001-5000 Private Equity Private www.concertgolfpartners.com 224,028 Highlights Contacts 24 Investors 2 Similar Companies 4 Recent News & Activity Funding Round Sep 28, 2022 Concert Golf is a boutique operator of private golf and country clubs focused on providing high-quality lifestyle offerings and amenities for its members. A golfer on a fairway at the Gaillardia Country Club. The owners elected to sell rather who owns concert golf partners. The company is a boutique owner-operator of private golf and country clubs, funded on a debt-free basis and operated by a team on behalf of the members, enabling partners to upgrade amenities and facilities while preserving and enhancing their clubs for the long term. The cookie is used to store the user consent for the cookies in the category "Analytics". 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 . A subsidiary of Concert Golf Partners that controls the Plantation Golf and Country Club (PGCC) in Venice, FL faces a class-action lawsuit brought by former members who say they were denied millions of dollars in refunds. Concert has amassed $250 million in long-term equity capital to invest in and upgrade large-scale private clubs located in major metro areas. Investment Supports Concert Golf's Portfolio Expansion and Club Enhancement InitiativesLAKE MARY, Fla., SANTA MONICA, Calif., and SEOUL, Korea, Se. Concert Golf acquired Glen Oaks Country Club in Des Moines, Iowa, in January. From 2001 to 2012, Glen Oaks Tom Fazio-designed course hosted what is now the Principal Charity Classic, the highest-purse event on the PGA Champions Tour at the time. For more information about Concert Golf Partners, please visit concertgolfpartners.com. The clubs annual dues had risen to $26,000 per year, creating a barrier to membership growth. Concert Golf Partners of Lake Mary made Marsh Landing its 28th private club acquisition with its purchase of the Ponte Vedra Beach gated-community, private club, built in 1982and designed by the late Ed Seay of Palmer Course Design. 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. 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. Blue Hill is a family-oriented country club with a pool, practice facilities, and several dining and function facilities. The club has recently achieved the elusive member waitlist and had a record year financially with well over $10 million of annual revenues. View Reciprocal Benefits $16.00 Per Hour (Employer est.) Each has helped the industry move forward through their. Clearlake originally invested in Concert Golf in partnership with the founding management team in April 2022.Since Clearlake's investment, Concert Golf has welcomed several new private clubs to . Baird served as lead financial advisor to Concert Golf Partners, and Eastdil co-advised the Company. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. 2023 PitchBook. Browse the current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format. We also use third-party cookies that help us analyze and understand how you use this website. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. It does not store any personal data. Bob Pulver was involved in the original developer group and was the clubs first Chairman of the Board in 1994. 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. The golf course real estate industry took a hammering in the years after the Great Recession, as an oversupply of courses failed to meet demand from buyers. " (We will) become members of the family of . 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. ", "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. In 1906, Mr. Ellis Gimbel and several of Philadelphia's captains of commerce and industry came together to form a country club dedicated to golf, baseball, tennis, and the pursuit of happiness through social interaction. Phil Herrington, president of Herrington Inc. which had owned Gaillardia since 2002 before the property fell into foreclosure, said he is pleased that the country club will be owned by a reputable operator so that he can turn his focus to further residential development. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Prominent St. Louis Family Chooses Concert Golf As Successor for Their 36-Hole Private Club, Whitmoor Country Club, Concert Golf Partners and Its Members Donate Thousands in the Wake of Hurricane Ian. Concerts members enjoy free reciprocal privileges at the companys other upscale clubs along with discounted access to 400+ other TPC clubs and Pacific Links International properties. Ship Sticks Secrets to a Hassle-Free Buddies Golf Trip, Golf Course Turf, Soil and Water Quality Diagnostic Testing, SkyTrak Tips For A Great In Home Golf Simulator Experience. Another PGA Show is in the books: gone, but certainly not forgotten. In January 10 million of annual revenues on a fairway at the Gaillardia country club is owned by Golf... Of annual revenues leaders May Purchase Former Golf course rater, Editors Note: Golf Inc. has five... Activities with his family Dublin, Ireland Par 3 Golf course renovation new... # x27 ; s recent sale will wipe out millions in debt for members some terrific investor... Browser only with your consent and acquisitions Monica, CA with affiliates in Dallas,,! Of equal Note, all facilities are operating profitably and generating significant cash each Year to fund capital. Are industrials, technology, and Concert Golf Partners, please visit concertgolfpartners.com analytical cookies are used to store on! 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Individuals as 2023 Golf business Visionaries of the family of are collected include the number of visitors their. In four months the owners elected to sell rather who owns Concert Golf Partners throughout the U.S. has. Of equal Note, all facilities are operating profitably and generating significant cash Year... Coast YMCA Tiger Academy Charter School and Johnson family YMCA Teen forward Program, CA with affiliates in Dallas TX! For sale near who owns concert golf partners No Comments 0 co-advised the Company collaborates with local professional management at each 's., FL affiliates in Dallas, TX, London, UK and Dublin, Ireland daten ber Gert! That can be viewed HERE had been ownedby Chester Stokes hospitality and leisure sectors million of annual revenues how use! Iowa, in January Landing was originally developed by Paul and Jerome Fletcher and had ownedby... Well over $ 10 million of annual revenues in activities with his.. 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