YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. "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.". Moelis served as financial advisor to Clearlake. The net winners were Skip Lunsford and Kevin Buller at 12-under-par 60, edging Mark Scott and Greg Maugen by one shot. 129 jobs. CGP takes a long-term investment . Get the latest bi-weekly golf business perspective. 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 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 Contact Garry Smits at gsmits@gannett.com and follow him on Twitter @GSmitter, Constellation Furyk & Friends gets better, not necessarily bigger. 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. These cookies ensure basic functionalities and security features of the website, anonymously. The course sits, Editors Note: Golf Inc. has named five individuals as 2023 golf business Visionaries of the Year. ft. clubhouse with Tom Hoch Design, who has been engaged by some of the best clubs in the world, including several Ritz Carlton properties. 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. Communications and Member Relations Coordinator (FT) Wichita, KS Easy Apply 1d. Most importantly, all are operating profitably and generating significant cash annually for additional future capital projects, while providingexceptional member experiences and building vibrant communities. All Rights Reserved. By clicking Accept, you consent to the use of ALL the cookies. A group of high net-worth families led by Fireside Investments will participate alongside Blackstone in this transaction. We are thrilled to welcome some terrific new investor partners, said Peter Nanula, CEO of Concert Golf Partners. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. 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 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 About ClearlakeClearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. New growth investment made in partnership with founding management team. For more information about Concert Golf Partners, please visit concertgolfpartners.com. Browse the current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format. 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 . 12 Oaks members and Landeavor had a wish list of capital projects, and Concert Golf Partners agreed to fund them. Cons I wish Concert Golf Partners could a better benefit package. Concert Golf Partners. But opting out of some of these cookies may affect your browsing experience. "The fairways are brown, the greens are gone, the buildings are being vandalized," says Mr. Steller, a 70-year-old maritime-management consultant. Of equal note, all facilities are operating profitably and generating significant cash each year to fund additional capital projects in the future. With Clearlake, we have found a partner who understands golf and knows how important our network of clubs is to our members and communities. Copyright 2023 WTWH Media, LLC. 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. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 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. During the Great Recession, the member-owned club struggled to retain members and defaulted on its bank loan. 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. Blue Hill is a family-oriented country club with a pool, practice facilities, and several dining and function facilities. But, he said ClubCorp presented a unique opportunity and he was willing to consider such a sale. As humans, we see our primary care physician on a regular basis to proactively evaluate our vital signs. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. Financial terms of the transaction were not disclosed. 501 N. Highway A1A 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. Dies geschieht in Ihren Datenschutzeinstellungen. 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. who owns concert golf partners May 14, 2022 10:02 am dino egg incubator stardew dino egg incubator stardew All Rights Reserved. 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. 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. 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. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. It turned to Concert Golf Partners, which had acquired MacGregor Downs Country Club in nearby Cary, North Carolina in 2014. Fountains Country Club is a friendly club serving as our . Corporate Headquarters: Lake Mary, Florida, Website: https://www.concertgolfpartners.com/, Susan Dunnavant Chief Operating Officer, Sundria Ridgley, SVP General Counsel & Corporate Secretary. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Concert has amassed $250 million in long-term equity capital to invest in and upgrade large-scale private clubs located in major metro areas. 2023 Concert Golf Partners. Enjoy Great Food. So, Glen Oaks partnered with a large golf management company under a ground lease arrangement, hoping to benefit from their industry expertise. 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. Many capital projects are planned at both properties including new indoor golf simulators, golf course enhancements and more. 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. The Plantation Golf and Country Club's recent sale will wipe out millions in debt for members. Concert Golf is a boutique operator of private golf and country clubs focused on providing high-quality lifestyle offerings and amenities for its members. Employment Service Interviewer 9-E10. 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. Were continuing to see owners who are seeking to put their club into good hands for the next chapter of the clubs history; price is almost never the primary concern, but rather the confidence that the new owner will continue to deliver great member experiences and provide training and growth opportunities to the staff.. Likewise, a superintendent should perform frequent diagnostic testing on their golf course. At Concert Golf Partners, Whitmoor becomes the 29th club in its portfolio. Retrouvez le programme complet des venements de la salle CENTRE EVENEMENTIEL DE COURBEVOIE COURBEVOIE et rservez vos places au meilleur prix sur Fnac Spectacles. Concert Golf has also released a Golf Partners Overview video that can be viewed HERE. Operator of golf properties focused on investing and upgrading private clubs across the United States while maintaining each club's cherished and distinct culture. However, with advancements in technology, your own golf simulator is now more attainable than ever. Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . 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. Chief Editor, Rob Thomas is based in Cleveland, Ohio. The Players Championship presented the Players Community Senior Center with a new computer lab, helping replace equipment that was vandalized and stolen in a 2020 incident. 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"). C+RB reported on the transaction at the time. Concert Golf Partners | 843 abonns sur LinkedIn. What's News 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. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. (Photo courtesy: Concert Golf Partners). Co-Founder, Chairman & Chief Executive Officer, Youre viewing 4 of 10 executive team members. The Concert Golf Partners Solution for Member-Owned Clubs. Prior to the families ownership, Glen Oaks managed the trifecta. ClubCorpacquired Brookstone Golf & Country Club, in Acworth, Ga. in July. 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 Flash back to 2010, Mark Oman with other local investors purchased the club and golf course from West Bank, which had acquired the property at a sheriffs sale after the club and homeowners association defaulted on a loan, the Des Moines Business Record reported. Necessary cookies are absolutely essential for the website to function properly. Analytical cookies are used to understand how visitors interact with the website. Former University of Florida football coach Doug Dickey had a good week at the San Jose Country Club last week. 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. 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. ", "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. Records the default button state of the corresponding category & the status of CCPA. But, he said ClubCorp presented a unique opportunity and he was willing to consider such a sale. 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. 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. Concert Golf Partners jobs. 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. We offer superior recreation facilities, casual and fine dining, a resort-style pool, and a social calendar catering to the whole family. 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