who owns concert golf partners

These cookies will be stored in your browser only with your consent. ClubCorp cancelled the multi-club acquisition from Concert Golf Partners earlier this summer after David Pillsbury was announced as the companys new CEO. Copyright 2023 WTWH Media, LLC. 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 owner-operator of upscale private golf and country clubs. It was formed in 2011 by Peter Nanula, the founder and CEO of Arnold Palmer Golf Management. A group of high net-worth families led by Fireside Investments will participate alongside Blackstone in this transaction. But, he said ClubCorp presented a unique opportunity and he was willing to consider such a sale. Concert Golf owns 20 such clubs nationally, including former developer-owned clubs and longtime member-owned clubs . Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. 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 . 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. As humans, we see our primary care physician on a regular basis to proactively evaluate our vital signs. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. 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. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. Company / Industry ContactPeter Nanula[emailprotected], Clearlake / Media ContactJennifer Hurson[emailprotected], Cision Distribution 888-776-0942 The teams of Paul Tesori-Kirk Irvin and Jennifer Borocz-Stephanie Connelly-Eiswerth tied at 6-under 66. This new influx of capital will allow our team to keep doing what we do best investing in upscale golf and country clubs.. Glen Oaks is in great shape and our objective is to continue to invest and improve the member experience.. The Plantation Golf and Country Club's recent sale will wipe out millions in debt for members. It was the first acquisition since the Newport Beach, Calif. company acquiredFountains Country Club in Lake Worth, Fla., earlier this year. 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. CGP takes a long-term investment . Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. Concert Golf Partners Corporate Headquarters: Lake Mary, Florida Website: https://www.concertgolfpartners.com/ Category: Course Management LEADERSHIP Peter Nanula - Chairman and CEO Susan Dunnavant - Chief Operating Officer Joseph B. Nowell, SVP of Operations Walter Bogumil - Chief Financial Officer After what he called a "bad drive," he holed out with a 5-wood. 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. Married with three children, Rob enjoys golf when not participating in activities with his family. Operator of golf properties focused on investing and upgrading private clubs across the United States while maintaining each club's cherished and distinct culture. The Marsh Landing Country Club has changed hands and, in a sense, the property has come full circle. 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. Members are pleased with . 2023 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. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Bookmark, share and interact with the leading club and resort magazine today. 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. 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.. Concert Golf is a boutique operator of private golf and country clubs focused on providing high-quality lifestyle offerings and amenities for its members. You also have the option to opt-out of these cookies. Another PGA Show is in the books: gone, but certainly not forgotten. Married with three children, Rob enjoys golf when not participating in activities with his family. 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. A decade later, the situation is still . 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. 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. And the entire membership is much happier as a result of it." Amusement Parks, Arcades & Attractions, Hospitality, 300 International Pkwy Ste 150, Lake Mary, Florida, 32746, United States. 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"). 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. We are thrilled to welcome some terrific new investor partners, said Peter Nanula, CEO of Concert Golf Partners. 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. Vimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website. 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. It works only in coordination with the primary cookie. Follow him on Twitter (@AmGolferBlog) and listen to him on the Club + Resort Talks podcast. Limited & Associates January 2007 - September 2007 Skills Resorts, Public Relations, Catering, Hospitality, Budgets, Marketing, Golf, Customer Service, Club, Public Speaking . It turned to Concert Golf Partners, which had acquired MacGregor Downs Country Club in nearby Cary, North Carolina in 2014. 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. 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. (Photo courtesy: Concert Golf Partners). At Concert Golf Partners, Whitmoor becomes the 29th club in its portfolio. 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 . 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. Tour Talk General Golf Talk Classic Golf And Golfers Courses, Memberships and Travel Groups, Tourneys, and Partners Matching WRX Academy . Enjoy Great Food. So, Glen Oaks partnered with a large golf management company under a ground lease arrangement, hoping to benefit from their industry expertise. Concert Golf Partners acquired MacGregor Downs Country Club, a historic private country club in Cary, North Carolina for $3.4 million. ft. clubhouse with Tom Hoch Design, who has been engaged by some of the best clubs in the world, including several Ritz Carlton properties. By clicking Accept, you consent to the use of ALL the cookies. Another PGA Show is in the books: gone, but certainly not forgotten. Investment Supports Concert Golf's Portfolio Expansion and Club Enhancement InitiativesLAKE MARY, Fla., SANTA MONICA, Calif., and SEOUL, Korea, Se. For most golfers, the idea of an in-home golf simulator is nothing more than a fantasy. 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. ft. clubhouse, new swimming pool complex, golf course renovation, new cart paths, and more. Corporate Headquarters: Lake Mary, Florida, Website: https://www.concertgolfpartners.com/, Susan Dunnavant Chief Operating Officer, Sundria Ridgley, SVP General Counsel & Corporate Secretary. The Concert Golf Partners Solution for Member-Owned Clubs. The owners elected to sell rather All rights reserved. Concert Golf has also released a Golf Partners Overview video that can be viewed HERE. Concert Golf Partners jobs. Blackstone is one of the worlds leading investment firms, which has extensive experience in the hospitality and leisure sectors. Golf Club Faces Class Action Lawsuit. Concert Golf Partners . 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. 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 . C+RB reported on the transaction at the time. Press Esc to cancel. 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