Official P 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. 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 . 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. 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. After what he called a "bad drive," he holed out with a 5-wood. 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. 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. All rights reserved. A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. Members are pleased with . 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. 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,. 1922 In 1922, the Club ushured in a new era of golf exhibitions, staging events that featured the world's best golfers. Browse the current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format. Limited & Associates January 2007 - September 2007 Skills Resorts, Public Relations, Catering, Hospitality, Budgets, Marketing, Golf, Customer Service, Club, Public Speaking . 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. 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. The Plantation Golf and Country Club's recent sale will wipe out millions in debt for members. The Marsh Landing Country Club has changed hands and, in a sense, the property has come full circle. Chairman and CEO Peter Nanula and COO Susan Dunnavant, co-founders of CGP, will continue to lead the Company, along with CFO Walter Bogumil. 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. The club has recently achieved the elusive member waitlist and had a record year financially with well over $10 million of annual revenues. What's News 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. Type above and press Enter to search. We are a welcoming private club located in Lake Worth on 865 beautiful acres with 36 holes of top-notch golf designed to test the game's best players. Both courses offer a wonderful experience to golfers of all levels. from 8 AM - 9 PM ET. Get the latest bi-weekly golf business perspective. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. This cookie is set by GDPR Cookie Consent plugin. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. New growth investment made in partnership with founding management team. 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. 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. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. Get the full list, Youre viewing 3 of 4 board 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. Vallencourt, a Timuquana Country Club member and Smith, of the St. Johns Golf and Country Club, had one eagle and nine birdies. 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. 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. https://clubandresortbusiness.com/getting-back-track-macgregor-downs-cc/, Effort to Resurrect Beacon Hill GC Hits Technical Snag. Become a "member for a day" with the Concert Golf Trail. $16.00 Per Hour (Employer est.) 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 . It does not store any personal data. The owners poured millions of dollars into the club, creating a new swimming pool complex, renovating the entire golf course, rebuilding a dam, and laying new cart paths on the course. Nick Oxford for The New York Times. who owns concert golf partners. Subscribe to Golf Inc. Scorecard, a free bi-monthly e-newsletter with the latest news in operations, sales and development. Baird served as lead financial advisor to Concert Golf Partners, and Eastdil co-advised the Company. 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.. We also use third-party cookies that help us analyze and understand how you use this website. 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. The cookie is used to store the user consent for the cookies in the category "Other. 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. Jupiter, FL 33477-4577, Toll-Free: 1.888.ASK.4NGF 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. 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. The teams of Paul Tesori-Kirk Irvin and Jennifer Borocz-Stephanie Connelly-Eiswerth tied at 6-under 66. Marsh Landing was originally developed by Paul and Jerome Fletcher and had been ownedby Chester Stokes. Chairman and CEO Peter Nanula and. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. The money will go primarily to the First Coast YMCA Tiger Academy Charter School and Johnson Family YMCA Teen Forward Program. Operator of golf properties focused on investing and upgrading private clubs across the United States while maintaining each club's cherished and distinct culture. When Concert Golf approached us, a great opportunity for Glen Oaks found us. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Around 92 percent of the 800 homeowners approved the sale. Founded in 2011, Concert. 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. 12 Oaks members and Landeavor had a wish list of capital projects, and Concert Golf Partners agreed to fund them. "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.". Tour Talk General Golf Talk Classic Golf And Golfers Courses, Memberships and Travel Groups, Tourneys, and Partners Matching WRX Academy . Notice of Accessibility, There was an error submitting the form, please try again or. Leaders May Purchase Former Golf Course Property, Former Tennis Club In Sherman, Texas Will Be Restored. "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. Concert Golf is a boutique operator of private golf and country clubs focused . 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. Fountains Country Club is a friendly club serving as our . 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 sale price was not disclosed, but the. Golf Sims/GPS/RFs/Apps Putters Golf Style and Accessories The Club House . This cookie is set by GDPR Cookie Consent plugin. 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. The Country Club at Woodmore, one of the first . 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. But, he said ClubCorp presented a unique opportunity and he was willing to consider such a sale. Communications and Member Relations Coordinator (FT) Wichita, KS Easy Apply 1d. ft. clubhouse, new swimming pool complex, golf course renovation, new cart paths, and more. But, he said ClubCorp presented a unique opportunity and he was willing to consider such a sale. Follow him on Twitter (@AmGolferBlog) and listen to him on the Club + Resort Talks podcast. 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. Golf clubs featured include West Lake Country Club (Augusta, Georgia), Heathrow Country Club (Orlando, Florida) and MacGregor Downs Country Club (Raleigh, North Carolina). Press Esc to cancel. About Concert GolfConcert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. We look forward to working with them to continue to enhance our offerings for current members and adding additional properties to our portfolio. ", "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. 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. YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. 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. Chief Editor, Rob Thomas is based in Cleveland, Ohio. Glen Oaks CC Acquired by Concert Golf Partners By Rob Thomas | January 6, 2022 The West Des Moines, Iowa club was purchased by a group of members in 2010 and underwent a series of renovations, including a multimillion-dollar modernization of the 48,000-sq. Married with three children, Rob enjoys golf when not participating in activities with his family. For Sale Lefty WTB Pro Shops 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.. Enjoy Great Food. About ClearlakeClearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Concert Golf Partners is a well-capitalized owner-operator of golf properties nationwide. A group of high net-worth families led by Fireside Investments will participate alongside Blackstone in this transaction. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. . Concert Golf Partners jobs. " (We will) become members of the family of . 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. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. For most golfers, the idea of an in-home golf simulator is nothing more than a fantasy. Recapitalizing Private Clubs for Long Term Success. 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. Concert Golf Partners bought the property after it fell into foreclosure. Company / Industry ContactPeter Nanula[emailprotected], Clearlake / Media ContactJennifer Hurson[emailprotected], Cision Distribution 888-776-0942 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/). Bob Pulver was involved in the original developer group and was the clubs first Chairman of the Board in 1994. For more information about Concert Golf Partners, please visit concertgolfpartners.com. 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. It was the first acquisition since the Newport Beach, Calif. company acquiredFountains Country Club in Lake Worth, Fla., earlier this year. It is blessed with 27 holes of championship golf. 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. document.getElementById("comment").setAttribute( "id", "a2572eb4cf555a5ed743bbb6c7057d31" );document.getElementById("c2e297a562").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. 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. Membership at White Manor begins with the camaraderie of men and women who set high standards for . Members had positive feedback on that sale and the club is thriving with a healthy, happy membership base, Concert Golf Partners said. 300 International Parkway Suite 150 Lake Mary, FL 32746 For inquiries, please reach out to a member of our team. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Glen Oaks is in great shape and our objective is to continue to invest and improve the member experience.. Fast forward to 2021, Oman told the membership, When we bought Glen Oaks in 2010, we never had an exit strategy. Local Main: 561.744.6006, 2023 NGF.org. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Site by Clubessential. 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. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities.
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