A decade later, the situation is still . Nick Oxford for The New York Times. Communications and Member Relations Coordinator (FT) Wichita, KS Easy Apply 1d. Three private club board members share how Concert Golf Partners has transformed their upscale golf and country clubs. Martinez, GA Easy Apply Today. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. https://clubandresortbusiness.com/getting-back-track-macgregor-downs-cc/, Effort to Resurrect Beacon Hill GC Hits Technical Snag. Get the full list, Youre viewing 3 of 4 board members. Concert has amassed $250 million in long-term equity capital to invest in and upgrade large-scale private clubs located in major metro areas. Chairman and CEO Peter Nanula and COO Susan Dunnavant, co-founders of CGP, will continue to lead the Company, along with CFO Walter Bogumil. Type above and press Enter to search. 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. 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. ClubCorp cancelled the multi-club acquisition from Concert Golf Partners earlier this summer after David Pillsbury was announced as the companys new CEO. 2023 Concert Golf Partners. 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 Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. These cookies track visitors across websites and collect information to provide customized ads. Bob Pulver was involved in the original developer group and was the clubs first Chairman of the Board in 1994. C+RB reported on the transaction at the time. The Concert Golf Partners Solution for Member-Owned Clubs. 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. Likewise, a superintendent should perform frequent diagnostic testing on their golf course. Concert Golf is a boutique operator of private golf and country clubs focused on providing high-quality lifestyle offerings and amenities for its members. All rights reserved. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. Chairman and CEO Peter Nanula and. 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. 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. Glen Oaks is in great shape and our objective is to continue to invest and improve the member experience.. 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. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. 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. However, with advancements in technology, your own golf simulator is now more attainable than ever. Company / Industry ContactPeter Nanula[emailprotected], Clearlake / Media ContactJennifer Hurson[emailprotected], Cision Distribution 888-776-0942 "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. 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 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. Marsh Landing. This new influx of capital will allow our team to keep doing what we do best investing in upscale golf and country clubs.. Both courses offer a wonderful experience to golfers of all levels. (Photo courtesy: Concert Golf Partners). YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. 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. 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. 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. 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. Concert Golf Partners is a boutique owner-operator of private clubs based in Newport Beach, Calif. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. 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 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. 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 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. For more information about Concert Golf Partners, visit www.concertgolfpartners.com. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. It turned to Concert Golf Partners, which had acquired MacGregor Downs Country Club in nearby Cary, North Carolina in 2014. "The fairways are brown, the greens are gone, the buildings are being vandalized," says Mr. Steller, a 70-year-old maritime-management consultant. 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. The purchase includes 10 lighted tennis courts, a fitness center, pool and clubhouse. Concert Golf has also released a Golf Partners Overview video that can be viewed HERE. Concert Golf owns 20 such clubs nationally, including former developer-owned clubs and longtime member-owned clubs . Chief Editor, Rob Thomas is based in Cleveland, Ohio. 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. . Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. 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. Dismal River Golf Club Facebook page . We offer superior recreation facilities, casual and fine dining, a resort-style pool, and a social calendar catering to the whole family. 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. So, Glen Oaks partnered with a large golf management company under a ground lease arrangement, hoping to benefit from their industry expertise. As part of your Home Club membership, your benefits extend beyond your Club and give you "Home Away From Home" access to Concert Golf properties. Married with three children, Rob enjoys golf when not participating in activities with his family. CGP takes a long-term investment . With Clearlake, we have found a partner who understands golf and knows how important our network of clubs is to our members and communities. 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 . 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. About Concert Golf Partners Concert Golf Partners is a boutique owner-operator of top private golf and country clubs, formed by CEO Peter Nanula, the CEO of Arnold Palmer Golf Management in the . Fireside makes growth capital investments in durational real estate businesses. " (We will) become members of the family of . "We are thrilled to welcome our new investment partners at Clearlake," said Mr. Nanula. 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. Concert Golf Partners is run by Chairman Peter Nanula, formerly the president of Arnold Palmer Golf 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. They never assessed the members, and they never took any money out of the club. 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 "Our goal remains the same to continue growing our portfolio of private clubs and to provide an enjoyable experience for our members. It does not store any personal data. 07/12/2022 Concert Golf has acquired another club, this time The Ranch Country Club in Denver. 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