Developed in the early 1990s on 532 acres of farmland, Glen Oaks is an award-winning gated community and country club. This cookie is set by GDPR Cookie Consent plugin. Blue Hill Country Club is owned by Concert Golf Partners as a private country club. We also use third-party cookies that help us analyze and understand how you use this website. Browse the current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format. Concert Golf Partners bought the property after it fell into foreclosure. 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,. 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. 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 are thrilled to welcome our new investment partners at Clearlake," said Mr. Nanula. This website uses cookies to improve your experience while you navigate through the website. . Prior to the families ownership, Glen Oaks managed the trifecta. 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. Concert Golf bought the club in a consensual transaction initiated by its 600 members, who were seeking capital for immediate and long-term improvements and stable ownership with professional management. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. At Concert Golf Partners, Whitmoor becomes the 29th club in its portfolio. Copyright 2023 WTWH Media, LLC. Concert is owned by Peter Nanula and several partners and funded by wealthy individuals who, according to Nanula, invest for the long term. Last year, he said he had $150 million to spend with no plans to dispose of any properties. ", "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. But opting out of some of these cookies may affect your browsing experience. 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. Membership at White Manor begins with the camaraderie of men and women who set high standards for . These new investors will supplement the capital provided by CGPs current funding sources. Golf Club Faces Class Action Lawsuit. Marsh Landing. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. 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. 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 . 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. About ClearlakeClearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Married with three children, Rob enjoys golf when not participating in activities with his family. "The fairways are brown, the greens are gone, the buildings are being vandalized," says Mr. Steller, a 70-year-old maritime-management consultant. 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. It does not store any personal data. ", "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. The net winners were Skip Lunsford and Kevin Buller at 12-under-par 60, edging Mark Scott and Greg Maugen by one shot. The possible sale had surprised many in the industry because of Concerts business model. Fast forward to 2021, Oman told the membership, When we bought Glen Oaks in 2010, we never had an exit strategy. Of equal note, all facilities are operating profitably and generating significant cash each year to fund additional capital projects in the future. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. We will all be staying in the neighborhood and continue to be members of the club. Glen Oaks is in great shape and our objective is to continue to invest and improve the member experience.. Analytical cookies are used to understand how visitors interact with the website. The sale price was not disclosed, but the. Three private club board members share how Concert Golf Partners has transformed their upscale golf and country clubs. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. The owner of private clubs started acquiring courses in 2011 and has 22 in its portfolio. Enter the Pulver, Oman and Pearson families, who were Glen Oaks residents and club members, and among Iowas most successful business leaders. All Rights Reserved. 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 . The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. 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. The facility's clubhouse recently has been remodeled, Greg Whittaker said in a statement. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. es and facilities at private clubs in major metropolitan areas, while maintaining each club's cherished and distinct culture. 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 . 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. Both courses offer a wonderful experience to golfers of all levels. Investment Supports Concert Golf's Portfolio Expansion and Club Enhancement InitiativesLAKE MARY, Fla., SANTA MONICA, Calif., and SEOUL, Korea, Se. 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. Communications and Member Relations Coordinator. They never assessed the members, and they never took any money out of the club. For more information about Concert Golf Partners, please visit concertgolfpartners.com. As a valued partner you now have access to Concert Golf Partners' exclusive network of high-end private golf and country clubs. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. Around 92 percent of the 800 homeowners approved the sale. 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. 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. 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. 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 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. This cookie is set by GDPR Cookie Consent plugin. 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. Chairman and CEO Peter Nanula and. 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. He's a member of the Golf Writers Association of America and a long-time golf course rater. So, Glen Oaks partnered with a large golf management company under a ground lease arrangement, hoping to benefit from their industry expertise. "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.". 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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 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. 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. (1.888.275.4643) Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. $45K-$50K Per Year (Employer est.) 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. ft. clubhouse, new swimming pool complex, golf course renovation, new cart paths, and more. 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. During the Great Recession, the member-owned club struggled to retain members and defaulted on its bank loan. Concert Golf Partners | 843 abonns sur LinkedIn. It was formed in 2011 by Peter Nanula, the founder and CEO of Arnold Palmer Golf Management. 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 ("Concert Golf," "CGP" or the "Company") announced today that it has received a strategic investment from Centroid Investment Partners ("Centroid"), a Seoul-based private . ClubCorp cancelled the multi-club acquisition from Concert Golf Partners earlier this summer after David Pillsbury was announced as the companys new CEO. CGP takes a long-term investment . Concert Golf is a boutique owner-operator of top private golf and country clubs. (Photo courtesy: Concert Golf Partners). A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. 501 N. Highway A1A 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 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. Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. CGP takes a long-term investment . 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. In a press release, Concert Golf vice president said the group intends to invest $7 million into the club "in the coming years.". 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. Concert Golf Partners is run by Chairman Peter Nanula, formerly the president of Arnold Palmer Golf Management. 2023 Concert Golf Partners. 1922 In 1922, the Club ushured in a new era of golf exhibitions, staging events that featured the world's best golfers. Co-Founder, Chairman & Chief Executive Officer, Youre viewing 4 of 10 executive team members. 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 group of high net-worth families led by Fireside Investments will participate alongside Blackstone in this transaction. 07/12/2022 Concert Golf has acquired another club, this time The Ranch Country Club in Denver. The clubs annual dues had risen to $26,000 per year, creating a barrier to membership growth. 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 Site by Clubessential. $16.00 Per Hour (Employer est.) 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. 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. 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. Married with three children, Rob enjoys golf when not participating in activities with his family. 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 is used to store the user consent for the cookies in the category "Performance". Concert Golf acquired Glen Oaks Country Club in Des Moines, Iowa, in January. Bookmark, share and interact with the leading club and resort magazine today. The ESI will also coordinate and refer participants to additional services and support from MIVIP partners and local community service organizations, answer . Recapitalizing Private Clubs for Long Term Success. Concert Golf Partners. All rights reserved. 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. Enjoy Great Food. The owners elected to sell rather 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 Marsh Landing Country Club has changed hands and, in a sense, the property has come full circle. Founded in 2011, Concert. Communications and Member Relations Coordinator (FT) Wichita, KS Easy Apply 1d. Press Esc to cancel. NEWPORT BEACH, CALIF. (August 26, 2019) 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. State of Michigan 3.8. For more information about Concert Golf Partners, visit www.concertgolfpartners.com. C+RB reported on the transaction at the time. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze. Financial terms of the transaction were not disclosed. 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. 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. 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.

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