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. Retrouvez le programme complet des venements de la salle CENTRE EVENEMENTIEL DE COURBEVOIE COURBEVOIE et rservez vos places au meilleur prix sur Fnac Spectacles. by. 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. Concert Golf is a boutique operator of private golf and country clubs focused . It works only in coordination with the primary cookie. Subscribe to Golf Inc. Scorecard, a free bi-monthly e-newsletter with the latest news in operations, sales and development. Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . 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. $16.00 Per Hour (Employer est.) 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 . 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. Financial terms of the transaction were not disclosed. 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 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 purchase includes 10 lighted tennis courts, a fitness center, pool and clubhouse. Site by Clubessential. 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/). 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. This cookie is set by GDPR Cookie Consent plugin. Copyright 2023 WTWH Media, LLC. The Marsh Landing Country Club has changed hands and, in a sense, the property has come full circle. The clubs annual dues had risen to $26,000 per year, creating a barrier to membership growth. But that has opened the door for investors like Mr. Nanula, who raised his $50 million private equity fund in 2012 and has since bought eight golf course clubs and loans. Records the default button state of the corresponding category & the status of CCPA. A golfer on a fairway at the Gaillardia Country Club. (1.888.275.4643) Concert Golf is a boutique operator of private golf and country clubs focused on providing high-quality lifestyle offerings and amenities for its members. ClubCorp cancelled the multi-club acquisition from Concert Golf Partners earlier this summer after David Pillsbury was announced as the companys new CEO. Lake Mary, Florida, United States 1001-5000 Private Equity Private www.concertgolfpartners.com 224,028 Highlights Contacts 24 Investors 2 Similar Companies 4 Recent News & Activity Funding Round Sep 28, 2022 A decade later, the situation is still . ClubCorpacquired Brookstone Golf & Country Club, in Acworth, Ga. in July. 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. Type above and press Enter to search. Effort to Resurrect Beacon Hill GC Hits Technical Snag. 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. 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. You also have the option to opt-out of these cookies. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. After what he called a "bad drive," he holed out with a 5-wood. 300 International Parkway Suite 150 Lake Mary, FL 32746 For inquiries, please reach out to a member of our team. Bookmark, share and interact with the leading club and resort magazine today. Type above and press Enter to search. Plantation Golf & Country Club in Venice, Fla. 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. 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. 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. All Rights Reserved. ", "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. Blackstone is one of the worlds leading investment firms, which has extensive experience in the hospitality and leisure sectors. 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,. Tour Talk General Golf Talk Classic Golf And Golfers Courses, Memberships and Travel Groups, Tourneys, and Partners Matching WRX Academy . It was the first acquisition since the Newport Beach, Calif. company acquiredFountains Country Club in Lake Worth, Fla., earlier this year. 1. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. 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. . Concert Golf Partners acquired MacGregor Downs Country Club, a historic private country club in Cary, North Carolina for $3.4 million. Members are pleased with . The cookie is used to store the user consent for the cookies in the category "Analytics". Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. All Rights Reserved. LAKE MARY, Fla. and SANTA MONICA, Calif., April 21, 2022 /PRNewswire/ -- 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"). Concerts members enjoy free reciprocal privileges at the companys other upscale clubs along with discounted access to 400+ other TPC clubs and Pacific Links International properties. Another PGA Show is in the books: gone, but certainly not forgotten. Luke Balaskiewicz of Jacksonville (141) tied for third and Barton Abstein of St. Johns and Parker Melin of Ponte Vedra Beach (147) tied for sixth. 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. The owner of private clubs started acquiring courses in 2011 and has 22 in its portfolio. 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. Concert Golf Partners. Stewardship of Glen Oaks Country Club in West Des Moines, Iowa has been transferred to Concert Golf Partners. The non-equity or corporate-owned club, as a . "We are thrilled to welcome our new investment partners at Clearlake," said Mr. Nanula. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. Concert Golf Partners is a boutique owner-operator of upscale private golf and country clubs. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Employment Service Interviewer 9-E10. Married with three children, Rob enjoys golf when not participating in activities with his family. Browse the current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format. Moelis served as financial advisor to Clearlake. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. 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 Instruction & Academy Rules of Golf and Etiquette Swing Videos and Comments Classifieds & ProShops . 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. Concert Golf Partners bought the property after it fell into foreclosure. About ClearlakeClearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. It does not store any personal data. 501 N. Highway A1A Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. C+RB reported on the transaction at the time. 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. 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 is a boutique owner-operator of private clubs based in Newport Beach, Calif. Former University of Florida football coach Doug Dickey had a good week at the San Jose Country Club last week. The cookies is used to store the user consent for the cookies in the category "Necessary". The Club at 12 Oaks is the latest high-end private club to join Concert Golf Partners. The club is the centerpiece amenity at the 912-acre 12 Oaks community in fast-growing Holly Springs, North Carolina, featuring 1,700 homes. These cookies track visitors across websites and collect information to provide customized ads. 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.. Fast forward to 2021, Oman told the membership, When we bought Glen Oaks in 2010, we never had an exit strategy. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. 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. 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. Operator of golf properties focused on investing and upgrading private clubs across the United States while maintaining each club's cherished and distinct culture. 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. 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 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. State of Michigan 3.8. 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 sale price was not disclosed, but the. Concert Golf Partners. For more information about Concert Golf Partners, visit www.concertgolfpartners.com. 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. Chairman and CEO Peter Nanula and. Developed in the early 1990s on 532 acres of farmland, Glen Oaks is an award-winning gated community and country club. Chief Editor, Rob Thomas is based in Cleveland, Ohio. Bob Pulver was involved in the original developer group and was the clubs first Chairman of the Board in 1994. When Peter Nanula launched the company, he said he planned to invest more than $50 million into acquisitions of private, mostly member-owner clubs. Concert Golf is a boutique owner-operator of top private golf and country clubs. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S. The firm's core target sectors are industrials, technology, and consumer. The cookie is used to store the user consent for the cookies in the category "Performance". 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. Enjoy Great Food. The golf course real estate industry took a hammering in the years after the Great Recession, as an oversupply of courses failed to meet demand from buyers. At Concert Golf Partners, Whitmoor becomes the 29th club in its portfolio. All rights reserved. The Concert Golf Partners Solution for Member-Owned Clubs. Vallencourt, a Timuquana Country Club member and Smith, of the St. Johns Golf and Country Club, had one eagle and nine birdies. " (We will) become members of the family of . Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Up to $200,000 a year. Recapitalizing Private Clubs for Long Term Success. 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. Copyright 2023 WTWH Media, LLC. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". 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. 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. But, he said ClubCorp presented a unique opportunity and he was willing to consider such a sale. The course sits, Editors Note: Golf Inc. has named five individuals as 2023 golf business Visionaries of the Year. es and facilities at private clubs in major metropolitan areas, while maintaining each club's cherished and distinct culture. https://clubandresortbusiness.com/getting-back-track-macgregor-downs-cc/, Effort to Resurrect Beacon Hill GC Hits Technical Snag. Concert Golf acquired Glen Oaks Country Club in Des Moines, Iowa, in January. 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. 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. Get the latest Bi-Weekly Golf Business Viewpoints. 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 Of equal note, all facilities are operating profitably and generating significant cash each year to fund additional capital projects in the future. Become a "member for a day" with the Concert Golf Trail. 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. "Our goal remains the same to continue growing our portfolio of private clubs and to provide an enjoyable experience for our members. "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. 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 Concert Golf Partners. 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. 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 Concert GolfConcert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. 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. This website uses cookies to improve your experience while you navigate through the website. 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 . But opting out of some of these cookies may affect your browsing experience. "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.". A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. 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. Leaders May Purchase Former Golf Course Property, Former Tennis Club In Sherman, Texas Will Be Restored. In addition, a key factor in all of Concerts membership agreements is a contractual obligation that members will never be assessed or experience a surprise rise in their club dues. Follow him on Twitter (@AmGolferBlog) and listen to him on the Club + Resort Talks podcast. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. "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. We are thrilled to welcome some terrific new investor partners, said Peter Nanula, CEO of Concert Golf Partners. 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. 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. The cookie is used to store the user consent for the cookies in the category "Other. Concert Golf's co-founders, Peter Nanula and Susan Dunnavant, began their golf industry careers running Arnold Palmer Golf Management. Golf Club Faces Class Action Lawsuit. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. 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. Nick Oxford for The New York Times. Sie knnen Ihre Einstellungen jederzeit ndern. For more information about Concert Golf Partners, please visit concertgolfpartners.com. 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. Concert Golf has also released a Golf Partners Overview video that can be viewed HERE. Concert Golf is a boutique operator of private golf and country clubs focused on providing high-quality lifestyle offerings and amenities for its members. Blue Hill Country Club is owned by Concert Golf Partners as a private country club. View Reciprocal Benefits Chairman and CEO Peter Nanula and COO Susan Dunnavant, co-founders of CGP, will continue to lead the Company, along with CFO Walter Bogumil. 12 Oaks members and Landeavor had a wish list of capital projects, and Concert Golf Partners agreed to fund them. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. 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. Each has helped the industry move forward through their. 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. Concert Golf Partners | 843 abonns sur LinkedIn. The Country Club at Woodmore, one of the first . 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. Co-Founder, Chairman & Chief Executive Officer, Youre viewing 4 of 10 executive team members. CGP takes a long-term investment . 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. Get the full list, Youre viewing 3 of 4 board members. Marsh Landing was originally developed by Paul and Jerome Fletcher and had been ownedby Chester Stokes. 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 . Subscribe to Golf Inc. Scorecard, a free bi-monthly e-newsletter with the latest news in operations, sales and development. Concert Golf Partners jobs. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. 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 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. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The club has recently achieved the elusive member waitlist and had a record year financially with well over $10 million of annual revenues. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Concert Golf owns 20 such clubs nationally, including former developer-owned clubs and longtime member-owned clubs . Fountains Country Club is a friendly club serving as our . 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. This cookie is set by GDPR Cookie Consent plugin. YouTube sets this cookie to store the video preferences of the user using embedded YouTube video. 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. 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. For our members Overview video that can be viewed HERE to spend no! At each club 's cherished and distinct culture in Acworth, Ga. in July your browsing.... 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