New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. Fountains Country Club is a friendly club serving as our . Concert Golf Partners Presents Check to World Central Kitchen Thanks to the Concert Cares initiative, the holidays were a bit brighter for those continuing to recover from the storm.. 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. CGP takes a long-term investment . Concert Golf Partners is a boutique owner-operator of private clubs based in Newport Beach, Calif. A golfer on a fairway at the Gaillardia Country Club. 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. Chairman and CEO Peter Nanula and. It works only in coordination with the primary cookie. 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. The clubs annual dues had risen to $26,000 per year, creating a barrier to membership growth. Concert Golf Partners has acquired two additional clubs in the Midwest The Sagamore Club in Noblesville, Indiana, and The Players Club at Deer Creek in Omaha, Nebraska. Blue Hill is a family-oriented country club with a pool, practice facilities, and several dining and function facilities. 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. 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. https://clubandresortbusiness.com/getting-back-track-macgregor-downs-cc/, Effort to Resurrect Beacon Hill GC Hits Technical Snag. 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. 300 International Parkway Suite 150 Lake Mary, FL 32746 For inquiries, please reach out to a member of our team. Whether youre the head planner of your upcoming buddies golf trip or simply along for the ride, weve gathered a few easy ways to keep everyone in your group happy. About Concert Golf Partners Concert Golf Partners is a boutique owner-operator of top private golf and country clubs, formed by CEO Peter Nanula, the CEO of Arnold Palmer Golf Management in the . 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. When the three families acquired the club out of foreclosure from the bank in 2010, they immediately they went to work on a multi-million-dollar modernization of the 48,000-sq. The sale price was not disclosed, but the. Aside from the most exclusive clubs in America, many private clubs have at some point encountered challenges with either taking on too much bank debt, battling with a golf management company, or trying to self-fund and self-govern as a member-owned club. Company / Industry ContactPeter Nanula[emailprotected], Clearlake / Media ContactJennifer Hurson[emailprotected], Cision Distribution 888-776-0942 Become a "member for a day" with the Concert Golf Trail. 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 . Golf Sims/GPS/RFs/Apps Putters Golf Style and Accessories The Club House . Fireside makes growth capital investments in durational real estate businesses. However, with advancements in technology, your own golf simulator is now more attainable than ever. For more information about Concert Golf Partners, please visit concertgolfpartners.com. He's a member of the Golf Writers Association of America and a long-time golf course rater. 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. Win whats next. Copyright 2023 WTWH Media, LLC. (Photo courtesy: Concert Golf Partners). 129 jobs. 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. Concert Golf offers a personalized and curated approach to partnership and operates 27 private golf and country clubs nationally, including former developer-owned clubs and longtime member-owned clubs. Blue Hill Country Club is owned by Concert Golf Partners as a private country club. Dismal River Golf Club Facebook page . These cookies track visitors across websites and collect information to provide customized ads. . The owners elected to sell rather Members had positive feedback on that sale and the club is thriving with a healthy, happy membership base, Concert Golf Partners said. Members are pleased with . Employment Service Interviewer 9-E10. All rights reserved. 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 Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. The cookie is used to store the user consent for the cookies in the category "Other. 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. The owner of private clubs started acquiring courses in 2011 and has 22 in its portfolio. 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. This new influx of capital will allow our team to keep doing what we do best investing in upscale golf and country clubs.. Concert Golf has now acquired 4 private clubs in 4 months, with another club acquisition scheduled to close in the next 30-60 days, according to a press release. Concert Golf Partners acquired MacGregor Downs Country Club, a historic private country club in Cary, North Carolina for $3.4 million. The facility's clubhouse recently has been remodeled, Greg Whittaker said in a statement. We are excited about working with our new investor partners and we look forward to growing the club portfolio with our existing team, said Susan Dunnavant, COO of Concert Golf Partners. When Peter Nanula launched the company, he said he planned to invest more than $50 million into acquisitions of private, mostly member-owner clubs. Nick Oxford for The New York Times. 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. 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. Moelis served as financial advisor to Clearlake. A group of high net-worth families led by Fireside Investments will participate alongside Blackstone in this transaction. Charlotte developer Mel Graham has sold The Club at Longview to an Orlando, Florida-based boutique firm that buys and manages golf and country clubs. Follow him on Twitter (@AmGolferBlog) and listen to him on the Club + Resort Talks podcast. The Country Club at Woodmore, one of the first . Investment Supports Concert Golf's Portfolio Expansion and Club Enhancement InitiativesLAKE MARY, Fla., SANTA MONICA, Calif., and SEOUL, Korea, Se. Concert Golf has also released a Golf Partners Overview video that can be viewed HERE. 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 cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. 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. Co-Founder, Chairman & Chief Executive Officer, Youre viewing 4 of 10 executive team members. "Our goal remains the same to continue growing our portfolio of private clubs and to provide an enjoyable experience for our members. The course sits, Editors Note: Golf Inc. has named five individuals as 2023 golf business Visionaries of the Year. All Rights Reserved. The purchase includes 10 lighted tennis courts, a fitness center, pool and clubhouse. 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. Concert has amassed $250 million in long-term equity capital to invest in and upgrade large-scale private clubs located in major metro areas. Many capital projects are planned at both properties including new indoor golf simulators, golf course enhancements, and more, Concert Golf said. The club is the centerpiece amenity at the 912-acre 12 Oaks community in fast-growing Holly Springs, North Carolina, featuring 1,700 homes. We are thrilled to welcome some terrific new investor partners, said Peter Nanula, CEO of Concert Golf Partners. Amusement Parks, Arcades & Attractions, Hospitality, 300 International Pkwy Ste 150, Lake Mary, Florida, 32746, United States. Enter the Pulver, Oman and Pearson families, who were Glen Oaks residents and club members, and among Iowas most successful business leaders. Under the terms of that agreement, PCC assigned NPT "any and all claims, demands, and cause or causes of action of any kind whatsoever which Assignor has, may have, may have [sic], or may have had on or before March 1, 2017 against Concert Golf Partners LLC, Concert Philmont Properties, LLC, Concert Philmont, LLC, Peter Nanula, Ridgewood Real . We offer superior recreation facilities, casual and fine dining, a resort-style pool, and a social calendar catering to the whole family. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. The possible sale had surprised many in the industry because of Concerts business model. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. 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. 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. This website uses cookies to improve your experience while you navigate through the website. 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. Effort to Resurrect Beacon Hill GC Hits Technical Snag. 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. Sie knnen Ihre Einstellungen jederzeit ndern. Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. Records the default button state of the corresponding category & the status of CCPA. Concert Golf Chairman Peter Nanula informed members of the 16 clubs that would have been sold to ClubCorp that "the fit just wasn't right." Nanula added that his firm would now refocus on "adding more fine clubs to our boutique portfolio." Clubs owned by Newport Beach, Calif.-based Concert Golf Partners have been informed by Concert's Instruction & Academy Rules of Golf and Etiquette Swing Videos and Comments Classifieds & ProShops . Each has helped the industry move forward through their. Jupiter, FL 33477-4577, Toll-Free: 1.888.ASK.4NGF (1.888.275.4643) Leaders May Purchase Former Golf Course Property, Former Tennis Club In Sherman, Texas Will Be Restored. It was the first acquisition since the Newport Beach, Calif. company acquiredFountains Country Club in Lake Worth, Fla., earlier this year. These cookies will be stored in your browser only with your consent. 14 May 2022 in second hand snowshoes for sale near hamburg No Comments 0 . Golf clubs featured include West Lake Country Club (Augusta, Georgia), Heathrow Country Club (Orlando, Florida) and MacGregor Downs Country Club (Raleigh, North Carolina). 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. 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. But opting out of some of these cookies may affect your browsing experience. 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. Vimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website. As humans, we see our primary care physician on a regular basis to proactively evaluate our vital signs. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. After thoroughly vetting Concert Golf, Oman told members We believe Concert Golf provides a longer-term and more secure future for Glen Oaks than we could provide.. 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. Official P 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. This cookie is set by GDPR Cookie Consent plugin. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Concert Golf Partners is a well-capitalized owner-operator of golf properties nationwide. It was formed in 2011 by Peter Nanula, the founder and CEO of Arnold Palmer Golf Management. ", "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. 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. "Our investment in the Company highlights our thesis around tailwinds in the golf and broader leisure markets, and we look forward to partnering with Concert Golf to leverage our O.P.S. framework to enhance and add to the offerings of this exciting platform. CGP takes a long-term investment . 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. Sort by: relevance - date. 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. Up to $200,000 a year. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. All Concert Golf Partners clubs were previously developer- or member-owned clubs. It turned to Concert Golf Partners, which had acquired MacGregor Downs Country Club in nearby Cary, North Carolina in 2014. The Plantation Golf and Country Club's recent sale will wipe out millions in debt for members. He's a member of the Golf Writers Association of America and a long-time golf course rater. Get the full list, To view Concert Golf Partnerss complete subsidiaries history, request access, To view Concert Golf Partnerss complete exits history, request access, Morningstar Institutional Equity Research. The investment group included Mark and Jill Oman, Ron and Ruth Pearson, and Robert and Deb Pulver, all of whom lived in Glen Oaks, a gated West Des Moines community that was developed in the early 1990s. 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 Concert Golf is a boutique operator of private golf and country clubs focused on providing high-quality lifestyle offerings and amenities for its members. We look forward to working with them to continue to enhance our offerings for current members and adding additional properties to our portfolio. In a press release, Concert Golf vice president said the group intends to invest $7 million into the club "in the coming years.". This cookie is set by GDPR Cookie Consent plugin. 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 | 843 abonns sur LinkedIn. Get the full list, Youre viewing 3 of 4 board members. Dies geschieht in Ihren Datenschutzeinstellungen. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. Concert Golf Partners. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Both courses offer a wonderful experience to golfers of all levels. 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 Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. ClubCorp cancelled the multi-club acquisition from Concert Golf Partners earlier this summer after David Pillsbury was announced as the companys new CEO. Here's a list of some of the top trending technologies and APIs used by Concert Golf Partners. 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 The sixth annual Drivers of Change Invitational tournament at the Ponte Vedra Inn and Club raised more than $100,000 for the First Coast YMCA. Concert Golf Partners is a boutique owner-operator of upscale private golf and country clubs, with a nationwide portfolio of almost 30 facilities that recapitalized and transitioned to non-equity status. 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. ft. clubhouse with Tom Hoch Design, who has been engaged by some of the best clubs in the world, including several Ritz Carlton properties. All rights reserved. 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. For Sale Lefty WTB Pro Shops The cookies is used to store the user consent for the cookies in the category "Necessary". 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. 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. Former University of Florida football coach Doug Dickey had a good week at the San Jose Country Club last week. Golf clubs featured include West Lake Country Club (Augusta, Georgia), Heathrow Country Club (Orlando, Florida) and MacGregor Downs Country Club (Raleigh, North Carolina). 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/). Vallencourt, a Timuquana Country Club member and Smith, of the St. Johns Golf and Country Club, had one eagle and nine birdies. Concert Golf Partners . 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. 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. 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. Each has helped the industry move forward through their. Concert Golf Partners jobs. The Concert Golf Partners Solution for Member-Owned Clubs. Type above and press Enter to search. Site by Clubessential. 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"). 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. 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. A decade later, the situation is still . 07/12/2022 Concert Golf has acquired another club, this time The Ranch Country Club in Denver. 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. 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 . Blackstone is one of the worlds leading investment firms, which has extensive experience in the hospitality and leisure sectors. Many capital projects are planned at both properties including new indoor golf simulators, golf course enhancements and more.
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