YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. Hybrid remote in Michigan. 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 . (1.888.275.4643) 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 . Founded in 2011, Concert. Membership at White Manor begins with the camaraderie of men and women who set high standards for . Investment Supports Concert Golf's Portfolio Expansion and Club Enhancement InitiativesLAKE MARY, Fla., SANTA MONICA, Calif., and SEOUL, Korea, Se. The Club at 12 Oaks is the latest high-end private club to join Concert Golf Partners. CGP takes a long-term investment approach, seeking to deploy capital to upgrade ameniti es and facilities at private clubs in major metropolitan areas, while maintaining each club's cherished and distinct culture. 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.. 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. 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. A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The Marsh Landing Country Club has changed hands and, in a sense, the property has come full circle. View Reciprocal Benefits Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. 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. We also use third-party cookies that help us analyze and understand how you use this website. Subscribe to Golf Inc. Scorecard, a free bi-monthly e-newsletter with the latest news in operations, sales and development. For Sale Lefty WTB Pro Shops 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. Follow him on Twitter (@AmGolferBlog) and listen to him on the Club + Resort Talks podcast. The sale price was not disclosed, but the. who owns concert golf partners. Bookmark, share and interact with the leading club and resort magazine today. The cookie is used to store the user consent for the cookies in the category "Performance". A golfer on a fairway at the Gaillardia Country Club. This new influx of capital will allow our team to keep doing what we do best investing in upscale golf and country clubs.. With Clearlake, we have found a partner who understands golf and knows how important our network of clubs is to our members and communities. Amusement Parks, Arcades & Attractions, Hospitality, 300 International Pkwy Ste 150, Lake Mary, Florida, 32746, United States. Site by Clubessential. For more information about Concert Golf Partners, visit www.concertgolfpartners.com. 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. 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.. "The fairways are brown, the greens are gone, the buildings are being vandalized," says Mr. Steller, a 70-year-old maritime-management consultant. 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 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 (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. However, with advancements in technology, your own golf simulator is now more attainable than ever. The Country Club at Woodmore, one of the first . Nick Oxford for The New York Times. 300 International Parkway Suite 150 Lake Mary, FL 32746 For inquiries, please reach out to a member of our team. Cons I wish Concert Golf Partners could a better benefit package. 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. Concert Golf has also released a Golf Partners Overview video that can be viewed HERE. The cookie is used to store the user consent for the cookies in the category "Other. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . Concert Golf owns 20 such clubs nationally, including former developer-owned clubs and longtime member-owned clubs . Concert Golf's co-founders, Peter Nanula and Susan Dunnavant, began their golf industry careers running Arnold Palmer Golf Management. "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. The members soon learned that their partner with no skin in the game was not aligned with their interests, allowed too many non-members to play their golf course, and did not adequately reinvest in the club. 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 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. 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 boutique owner-operator now owns 28 private golf and country clubs throughout the U.S. and has committed to provide ongoing support to the HBCU. Corporate Headquarters: Lake Mary, Florida, Website: https://www.concertgolfpartners.com/, Susan Dunnavant Chief Operating Officer, Sundria Ridgley, SVP General Counsel & Corporate Secretary. 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. 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. These cookies will be stored in your browser only with your consent. Co-Founder, Chairman & Chief Executive Officer, Youre viewing 4 of 10 executive team members. A group of high net-worth families led by Fireside Investments will participate alongside Blackstone in this transaction. 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. The owners elected to sell rather Married with three children, Rob enjoys golf when not participating in activities with his family. They never assessed the members, and they never took any money out of the club. Three private club board members share how Concert Golf Partners has transformed their upscale golf and country clubs. These cookies ensure basic functionalities and security features of the website, anonymously. 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. Press Esc to cancel. Copyright 2023 WTWH Media, LLC. 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/). Developed in the early 1990s on 532 acres of farmland, Glen Oaks is an award-winning gated community and country club. The cookies is used to store the user consent for the cookies in the category "Necessary". The facility's clubhouse recently has been remodeled, Greg Whittaker said in a statement. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. Communications and Member Relations Coordinator. Members are pleased with . 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. With over $250 million of capital at its disposal to make all-cash investments in large-scale, private golf & country clubs in major metropolitan areas, the company continued its upward growth with seven more club acquisitions in 2022. It turned to Concert Golf Partners, which had acquired MacGregor Downs Country Club in nearby Cary, North Carolina in 2014. Concert Golf Partners. 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. Up to $200,000 a year. He's a member of the Golf Writers Association of America and a long-time golf course rater. 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. C+RB reported on the transaction at the time. 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. You also have the option to opt-out of these cookies. 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. The money will go primarily to the First Coast YMCA Tiger Academy Charter School and Johnson Family YMCA Teen Forward Program. 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. 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. $45K-$50K Per Year (Employer est.) But, he said ClubCorp presented a unique opportunity and he was willing to consider such a sale. "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. 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. Concert Golf is a boutique owner-operator of top private golf and country clubs. Copyright 2023 WTWH Media, LLC. The Plantation Golf and Country Club's recent sale will wipe out millions in debt for members. This website uses cookies to improve your experience while you navigate through the website. 1922 In 1922, the Club ushured in a new era of golf exhibitions, staging events that featured the world's best golfers. YouTube sets this cookie to store the video preferences of the user using embedded YouTube video. 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. 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 Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. Jupiter, FL 33477-4577, Toll-Free: 1.888.ASK.4NGF (Photo courtesy: Concert Golf Partners). It was formed in 2011 by Peter Nanula, the founder and CEO of Arnold Palmer Golf Management. 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 cookie is set by GDPR Cookie Consent plugin. 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"). es and facilities at private clubs in major metropolitan areas, while maintaining each club's cherished and distinct culture. The club has recently achieved the elusive member waitlist and had a record year financially with well over $10 million of annual revenues. Concert Golf Partners currently owns and operates 23 golf clubs around the United States and is always Shared by Emily Adams View Emily's full profile Effort to Resurrect Beacon Hill GC Hits Technical Snag. The cookie is used to store the user consent for the cookies in the category "Analytics". 2023 Concert Golf Partners. Fast forward to 2021, Oman told the membership, When we bought Glen Oaks in 2010, we never had an exit strategy. All rights reserved. Each has helped the industry move forward through their. Subscribe to Golf Inc. Scorecard, a free bi-monthly e-newsletter with the latest news in operations, sales and development. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. 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. Baird served as lead financial advisor to Concert Golf Partners, and Eastdil co-advised the Company. 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. When Concert Golf approached us, a great opportunity for Glen Oaks found us. During the Great Recession, the member-owned club struggled to retain members and defaulted on its bank loan. . 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. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Another PGA Show is in the books: gone, but certainly not forgotten. Concert Golf is a boutique owner-operator of top private golf and country clubs. Many capital projects are planned at both properties including new indoor golf simulators, golf course enhancements and more. Communications and Member Relations Coordinator (FT) Wichita, KS Easy Apply 1d. Dies geschieht in Ihren Datenschutzeinstellungen. 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. 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. For more information about Concert Golf Partners, please visit concertgolfpartners.com. Chairman and CEO Peter Nanula and COO Susan Dunnavant, co-founders of CGP, will continue to lead the Company, along with CFO Walter Bogumil. Another PGA Show is in the books: gone, but certainly not forgotten. Both courses offer a wonderful experience to golfers of all levels. 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 bought the property after it fell into foreclosure. 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. 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.
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