1922 In 1922, the Club ushured in a new era of golf exhibitions, staging events that featured the world's best golfers. These cookies track visitors across websites and collect information to provide customized ads. 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. 1. 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. 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. Senior Vice President, General Counsel & Corporate Secretary, Sales Director, Corporate Catering At Concert Golf Partners, Regional Director, Catering Sales & Events. 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. Subscribe to Golf Inc. Scorecard, a free bi-monthly e-newsletter with the latest news in operations, sales and development. 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. Type above and press Enter to search. 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. When Peter Nanula launched the company, he said he planned to invest more than $50 million into acquisitions of private, mostly member-owner clubs. 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 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. 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. "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.". We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. 300 International Parkway Suite 150 Lake Mary, FL 32746 For inquiries, please reach out to a member of our team. 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. Concert Golf Partners is a boutique owner-operator of upscale private golf and country clubs. This cookie is set by GDPR Cookie Consent plugin. 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.. $16.00 Per Hour (Employer est.) They never assessed the members, and they never took any money out of the club. The non-equity or corporate-owned club, as a . When typing in this field, a list of search results will appear and be automatically updated as you type. This cookie is set by GDPR Cookie Consent plugin. Chief Editor, Rob Thomas is based in Cleveland, Ohio. The owners elected to sell rather ClubCorpacquired Brookstone Golf & Country Club, in Acworth, Ga. in July. Concert Golf Partners. Chairman and CEO Peter Nanula and COO Susan Dunnavant, co-founders of CGP, will continue to lead the Company, along with CFO Walter Bogumil. 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. Copyright 2023 WTWH Media, LLC. All Rights Reserved. Win whats next. Members had positive feedback on that sale and the club is thriving with a healthy, happy membership base, Concert Golf Partners said. For more information about Concert Golf Partners, visit www.concertgolfpartners.com. 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. For most golfers, the idea of an in-home golf simulator is nothing more than a fantasy. 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 Partners is a well-capitalized owner-operator of golf properties nationwide. C+RB reported on the transaction at the time. Chris Wegner, PGA General Manager (215) 947-1271 x107 cwegner@philmontcc.org Aaron Hanna, Head Golf Professional (215) 947-1271 x111 [email protected] Mason Stewart, Membership Director The owner of private clubs started acquiring courses in 2011 and has 22 in its portfolio. Golf clubs featured include West Lake Country Club (Augusta, Georgia), Heathrow Country Club (Orlando, Florida) and MacGregor Downs Country Club (Raleigh, North Carolina). Many capital projects are planned at both properties including new indoor golf simulators, golf course enhancements and more. He beat his age of 90 by six shots with an 84, and had an eagle-two at the par-4 fourth hole. 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 Concert Golf Partners Solution for Member-Owned Clubs. 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. That's fine with the hosts, Your California Privacy Rights/Privacy Policy. Tour Talk General Golf Talk Classic Golf And Golfers Courses, Memberships and Travel Groups, Tourneys, and Partners Matching WRX Academy . 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. Baird served as lead financial advisor to Concert Golf Partners, and Eastdil co-advised the Company. Concert Golf owns 20 such clubs nationally, including former developer-owned clubs and longtime member-owned clubs . 129 jobs. At Concert Golf Partners, Whitmoor becomes the 29th club in its portfolio. Communications and Member Relations Coordinator (FT) Wichita, KS Easy Apply 1d. $45K-$50K Per Year (Employer est.) 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. The purchase includes 10 lighted tennis courts, a fitness center, pool and clubhouse. The club has recently achieved the elusive member waitlist and had a record year financially with well over $10 million of annual revenues. 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/). "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. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. In a November 1, 2021 ruling, Judge Andrea McHugh, a Florida circuit court judge . Contact Garry Smits at gsmits@gannett.com and follow him on Twitter @GSmitter, Constellation Furyk & Friends gets better, not necessarily bigger. . Get the latest Bi-Weekly Golf Business Viewpoints. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. In a press release, Concert Golf vice president said the group intends to invest $7 million into the club "in the coming years.". Instruction & Academy Rules of Golf and Etiquette Swing Videos and Comments Classifieds & ProShops . 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"). The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. 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 . 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. CGP takes a long-term investment . https://clubandresortbusiness.com/getting-back-track-macgregor-downs-cc/, Effort to Resurrect Beacon Hill GC Hits Technical Snag. 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 . 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 . 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 . 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. 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. Here's a list of some of the top trending technologies and APIs used by 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 course sits, Editors Note: Golf Inc. has named five individuals as 2023 golf business Visionaries of the Year. 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. Get the full list, Youre viewing 5 of 11 investments and acquisitions. A group of high net-worth families led by Fireside Investments will participate alongside Blackstone in this transaction. 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. 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. All rights reserved. Three private club board members share how Concert Golf Partners has transformed their upscale golf and country clubs. 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. Golf Club Faces Class Action Lawsuit. 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 . 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. cota intends to host certain motorsports events, musical events (concerts and music festivals in Los Angeles, CA 90067 Office - 310 550 4000. 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. 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