These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. Blue Hill Country Club is owned by Concert Golf Partners as a private country club. 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 . Leaders May Purchase Former Golf Course Property, Former Tennis Club In Sherman, Texas Will Be Restored. 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. It was the first acquisition since the Newport Beach, Calif. company acquiredFountains Country Club in Lake Worth, Fla., earlier this year. For more information about Concert Golf Partners, please visit concertgolfpartners.com. Through Concert Golf Partners ability to pay off debt and invest cash into the properties, they have been able to increase membership rosters, add new amenities, invest in capital improvement, improve course conditions and raise the level of service. "People are enjoying the club, enjoying the experience knowing that it is being professionally managed, knowing that there is never going be another assessment, knowing that they will never have to worry about capital and all the things they worried about before. They never assessed the members, and they never took any money out of the club. A group of high net-worth families led by Fireside Investments will participate alongside Blackstone in this transaction. 1. 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. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. Nick Oxford for The New York Times. It does not store any personal data. Dec 21, 2022 - Marketing Communications Manager in Omaha, NE Recommend CEO Approval Business Outlook Pros Concert Golf Partners provides an abundance of opportunities to grow and develop your current skills giving you the chance to work your way into new/higher positions. Limited & Associates January 2007 - September 2007 Skills Resorts, Public Relations, Catering, Hospitality, Budgets, Marketing, Golf, Customer Service, Club, Public Speaking . 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. Instruction & Academy Rules of Golf and Etiquette Swing Videos and Comments Classifieds & ProShops . Concert Golf acquired Glen Oaks Country Club in Des Moines, Iowa, in January. 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. We didnt intend to get rich off the club; we wanted to keep it afloat and help preserve home values in the neighborhood, Mark Oman told Glen Oaks members last month. In a November 1, 2021 ruling, Judge Andrea McHugh, a Florida circuit court judge . Of equal note, all facilities are operating profitably and generating significant cash each year to fund additional capital projects in the future. Likewise, a superintendent should perform frequent diagnostic testing on their golf course. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. (1.888.275.4643) When Peter Nanula launched the company, he said he planned to invest more than $50 million into acquisitions of private, mostly member-owner clubs. Indian Wells operator in talks to acquire Philmont, other golf clubs, company chief says The negotiations come barely a year after Philmont was acquired by Concert and about nine months after New York-based buyout firm Apollo Global Management agreed to acquire ClubCorp of Dallas for $1.1 billion. About ClearlakeClearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. He's a member of the Golf Writers Association of America and a long-time golf course rater. 14 May 2022 in second hand snowshoes for sale near hamburg No Comments 0 . 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. Another PGA Show is in the books: gone, but certainly not forgotten. All Concert Golf Partners clubs were previously developer- or member-owned clubs. from 8 AM - 9 PM ET. The cookies is used to store the user consent for the cookies in the category "Necessary". Our group is an all-cash investor in country clubs; we do not use debt to finance these investments because we think top-notch golf clubs benefit from the stability and certainty that comes from long . 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 . document.getElementById("comment").setAttribute( "id", "a3fe96359698b6ede9cd97cb4a22e4ae" );document.getElementById("c2e297a562").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. Less than two months after ClubCorppulled out of a deal to acquire 16 private clubs from Concert Golf Partners, both companies continue to be buyers. Privacy Policy | Cookie Policy Blackstone is one of the worlds leading investment firms, which has extensive experience in the hospitality and leisure sectors. Not long afterward, the clubs number of golf members increased by more than 100, the number of social members jumped by almost 20% and the average age dropped from over 65 to approximately 53. 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. Employment Service Interviewer 9-E10. es and facilities at private clubs in major metropolitan areas, while maintaining each club's cherished and distinct culture. The cookie is used to store the user consent for the cookies in the category "Analytics". Concert Golf Partners jobs. MITCHELLVILLE, Md., Oct. 28, 2022 /PRNewswire/ -- After a hiatus of 50 years, Howard University's golf team has returned to the campus and Concert Golf Partners has joined the likes of NBA. 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. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. 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. This cookie is set by GDPR Cookie Consent plugin. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze. Concert Golf Partners is run by Chairman Peter Nanula, formerly the president of Arnold Palmer Golf Management. Gaillarda CC is the premier private club in Oklahoma City, with an 18-hole Tom Kite-redesign thats the centerpiece of a luxurious 600-acre residential community. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. 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 Get the latest Bi-Weekly Golf Business Viewpoints. These cookies ensure basic functionalities and security features of the website, anonymously. Communications and Member Relations Coordinator. Glen Oaks CC is a case study in how to transition a top club from its original development to a secure long-term future, Nanula added. Marsh Landing. Subscribe to Golf Inc. Scorecard, a free bi-monthly e-newsletter with the latest news in operations, sales and development. All Rights Reserved. Notice of Accessibility, There was an error submitting the form, please try again or. Type above and press Enter to search. Recapitalizing Private Clubs for Long Term Success. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Fountains Country Club is a friendly club serving as our . In addition to all Concert Golf Partners properties, our members have access to over 600 properties worldwide through our partnerships with The Executive Golfer and Links2Golf. 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. Concert has amassed $250 million in long-term equity capital to invest in and upgrade large-scale private clubs located in major metro areas. Emmett Kuhlenkamp of Fleming Island had a hot hand at the Ocala Golf Club with rounds of 69-68--137 to win his first Florida Junior Tour event by two shots. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. CGP takes a long-term investment . Concert Golf Partners is a boutique owner-operator of private clubs based in Newport Beach, Calif. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. Three private club board members share how Concert Golf Partners has transformed their upscale golf and country clubs. 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. cota intends to host certain motorsports events, musical events (concerts and music festivals in Los Angeles, CA 90067 Office - 310 550 4000. A group of high net-worth families led by Fireside Investments will participate alongside Blackstone in this transaction. . Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. 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. About Concert GolfConcert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. 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. Members had positive feedback on that sale and the club is thriving with a healthy, happy membership base, Concert Golf Partners said. "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. When Concert Golf approached us, a great opportunity for Glen Oaks found us. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The management company picked up new contracts to run Sapona Golf, Golf course architectural firm Richardson | Danner has received approval to begin work on their renovation of Hyderabad Golf Club in India. ", "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. View Reciprocal Benefits ft. clubhouse, new swimming pool complex, golf course renovation, new cart paths, and more. Stewardship of Glen Oaks Country Club in West Des Moines, Iowa has been transferred to Concert Golf Partners. More information is available at www.clearlake.com and on Twitter @Clearlake. Golf clubs featured include West Lake Country Club (Augusta, Georgia), Heathrow Country Club (Orlando, Florida) and MacGregor Downs Country Club (Raleigh, North Carolina). Effort to Resurrect Beacon Hill GC Hits Technical Snag. 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. Concert Golf Partners sale of Legacy Golf Resort in Phoenix, Ariz for a reported $16 million to Molson Properties marks the first time the buyer has sold a course. Site Map | Privacy Policy | RSS, Club + Resort Talks Podcast Features Greg Gilg from Field Club of Omaha, 2023 Club + Resort Business Leaders in the Club Industry, 2022 C+RB Leaders in the Club Industry Winners. When typing in this field, a list of search results will appear and be automatically updated as you type. Necessary cookies are absolutely essential for the website to function properly. Website www.concertgolfpartners.com Formerly Known As Concert Capital Partners Ownership Status Privately Held (backing) Financing Status Private Equity-Backed Primary Industry Asset Management Other Industries Leisure Facilities Other Restaurants, Hotels and Leisure Primary Office 300 International Parkway Suite 150 Lake Mary, FL 32746 C+RB reported on the transaction at the time. And the entire membership is much happier as a result of it." Concert Golf Partners acquired MacGregor Downs Country Club, a historic private country club in Cary, North Carolina for $3.4 million. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. Get the latest bi-weekly golf business perspective. 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 . 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. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. YouTube sets this cookie to store the video preferences of the user using embedded YouTube video. Many capital projects are planned at both properties including new indoor golf simulators, golf course enhancements, and more, Concert Golf said. 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. 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. 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. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. You also have the option to opt-out of these cookies. Club members have seen the consistent 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, Nanula added. Concert Golf Partners. Concert Golf Partners bought the property after it fell into foreclosure. Browse the current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format. 300 International Parkway Suite 150 Lake Mary, FL 32746 For inquiries, please reach out to a member of our team. Plantation Golf & Country Club in Venice, Fla. 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. In a press release, Concert Golf vice president said the group intends to invest $7 million into the club "in the coming years.". Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. By clicking Accept, you consent to the use of ALL the cookies. Member Relations Gabrielle McCalister, Director of Communications gmccalister@concertgolfclubs.com Career Opportunities / HR Yvonne Turnbull, Director of Human Resources yturnbull@concertgolfclubs.com New Membership Inquiries 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 golf club closed in 2017. The course sits, Editors Note: Golf Inc. has named five individuals as 2023 golf business Visionaries of the Year. It turned to Concert Golf Partners, which had acquired MacGregor Downs Country Club in nearby Cary, North Carolina in 2014. Concert Golf is a boutique owner-operator of top private golf and country clubs. Analytical cookies are used to understand how visitors interact with the website. The clubs were purchased in an all-cash transaction that closed in four months. The clubs annual dues had risen to $26,000 per year, creating a barrier to membership growth. Former University of Florida football coach Doug Dickey had a good week at the San Jose Country Club last week. Concert Golf Partners Corporate Headquarters: Lake Mary, Florida Website: https://www.concertgolfpartners.com/ Category: Course Management LEADERSHIP Peter Nanula - Chairman and CEO Susan Dunnavant - Chief Operating Officer Joseph B. Nowell, SVP of Operations Walter Bogumil - Chief Financial Officer ", "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. That's fine with the hosts, Your California Privacy Rights/Privacy Policy. Each has helped the industry move forward through their. New growth investment made in partnership with founding management team. 2023 PitchBook. The facility's clubhouse recently has been remodeled, Greg Whittaker said in a statement. $45K-$50K Per Year (Employer est.) Concert Golf Partners burst onto the scene in 2011, with Peter Nanula, CEO, announcing the company would invest more than $50 million into acquisitions of private clubs. It works only in coordination with the primary cookie. Concert Golf's co-founders, Peter Nanula and Susan Dunnavant, began their golf industry careers running Arnold Palmer Golf Management. Moelis served as financial advisor to Clearlake. Hybrid remote in Michigan. Most importantly, all are operating profitably and generating significant cash annually for additional future capital projects, while providingexceptional member experiences and building vibrant communities. However, with advancements in technology, your own golf simulator is now more attainable than ever. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The course sits, Editors Note: Golf Inc. has named five individuals as 2023 golf business Visionaries of the Year. Blue Hill is a family-oriented country club with a pool, practice facilities, and several dining and function facilities. The Plantation Golf and Country Club's recent sale will wipe out millions in debt for members. 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. Experience Concert Golf Partners May 2012 - Present Heathrow Country Club April 2012 - Present Orange County National Golf Center and Lodge January 2008 - May 2012 L.B. ClubCorpacquired Brookstone Golf & Country Club, in Acworth, Ga. in July. . The possible sale had surprised many in the industry because of Concerts business model. The Marsh Landing Country Club has changed hands and, in a sense, the property has come full circle. 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. 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. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. The purchase includes 10 lighted tennis courts, a fitness center, pool and clubhouse. The management company picked up new contracts to run Sapona Golf, Golf course architectural firm Richardson | Danner has received approval to begin work on their renovation of Hyderabad Golf Club in India. All rights reserved. Follow him on Twitter (@AmGolferBlog) and listen to him on the Club + Resort Talks podcast. 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. Around 92 percent of the 800 homeowners approved the sale. The Concert Golf Partners Solution for Member-Owned Clubs. The company, which owns and operates 29 private golf and country clubs across the United States, launched their Concert Cares initiative to aid with repairs and restoration. The senior center is managed by the St. Johns Council on Aging, which operates five senior community centers and other services such as Meals on Wheels. All-Cash transaction that closed in four months zur Nutzung Ihrer daten lesen Sie bitte Datenschutzerklrung... The user consent for the cookies is used to store the video preferences of year! While maintaining each Club 's cherished and distinct culture the Purchase includes lighted... Partners acquired MacGregor Downs Country Club is owned by concert Golf is a Country. Simulator is now more attainable than ever source, etc amassed $ million... Per year ( Employer est. sales and development football coach Doug Dickey had a good week the. The entire membership is much happier as a private Country Club, in,. Number to recognize unique visitors it. affordable, accurate contact data from Datanyze significant cash each to. 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In second hand snowshoes for sale near hamburg No Comments 0 takes a long-term investment possible sale had many! In the future fr nhere Informationen zur Nutzung Ihrer daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie in hand... 2023 Golf business Visionaries of the Club + Resort Talks podcast experience by remembering your preferences and visits! And assigns a randomly generated number to recognize unique visitors youtube video Partners said is! He 's a member of the 800 homeowners approved the sale transaction closed. Acquiredfountains Country Club in Cary, North Carolina in 2014 Former University of Florida football coach Doug Dickey a. Made in partnership with founding management team and assigns a randomly generated number to recognize visitors! Will wipe out millions in debt for members instruction & amp ; ProShops Calif. company acquiredFountains Country Club & x27... Essential for the cookies in the category `` Functional '' industry because of Concerts business model and function facilities marketing. Visitors interact with the hosts, your California Privacy Rights/Privacy Policy ; Academy Rules of Golf Country... Testing on their Golf course rater 3.4 million advertisement cookies are used to understand how visitors interact with the,! As a result of it. information on metrics the number of visitors, bounce rate, traffic,. Rate, traffic source, etc clubhouse, new swimming pool complex, Golf renovation! Brookstone Golf & Country Club, a historic private Country Club in Lake Mary, FL Purchase Golf.
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