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Concert Golf's co-founders, Peter Nanula and Susan Dunnavant, began their golf industry careers running Arnold Palmer Golf Management. During the Great Recession, the member-owned club struggled to retain members and defaulted on its bank loan. who owns concert golf partners. ClubCorp cancelled the multi-club acquisition from Concert Golf Partners earlier this summer after David Pillsbury was announced as the companys new CEO. Of equal note, all facilities are operating profitably and generating significant cash each year to fund additional capital projects in the future. "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. He's a member of the Golf Writers Association of America and a long-time golf course rater. Concert Golf Partners. In a press release, Concert Golf vice president said the group intends to invest $7 million into the club "in the coming years.". Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. As a valued partner you now have access to Concert Golf Partners' exclusive network of high-end private golf and country clubs. These cookies will be stored in your browser only with your consent. About ClearlakeClearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Privacy Policy | Cookie Policy Golf Sims/GPS/RFs/Apps Putters Golf Style and Accessories The Club House . For most golfers, the idea of an in-home golf simulator is nothing more than a fantasy. Financial terms of the transaction were not disclosed. 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. Blue Hill is a family-oriented country club with a pool, practice facilities, and several dining and function facilities. https://clubandresortbusiness.com/getting-back-track-macgregor-downs-cc/, Effort to Resurrect Beacon Hill GC Hits Technical Snag. Get the full list, Youre viewing 5 of 11 investments and acquisitions. Blue Hill Country Club is owned by Concert Golf Partners as a private country club. Senior Vice President, General Counsel & Corporate Secretary, Sales Director, Corporate Catering At Concert Golf Partners, Regional Director, Catering Sales & Events. Type above and press Enter to search. 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. The money will go primarily to the First Coast YMCA Tiger Academy Charter School and Johnson Family YMCA Teen Forward Program. Likewise, a superintendent should perform frequent diagnostic testing on their golf course. We will all be staying in the neighborhood and continue to be members of the club. 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 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. "The fairways are brown, the greens are gone, the buildings are being vandalized," says Mr. Steller, a 70-year-old maritime-management consultant. Dismal River Golf Club Facebook page . ft. clubhouse with Tom Hoch Design, who has been engaged by some of the best clubs in the world, including several Ritz Carlton properties. We also use third-party cookies that help us analyze and understand how you use this website. 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 . Concert Golf is a boutique owner-operator of top private golf and country clubs. 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. 501 N. Highway A1A We look forward to working with them to continue to enhance our offerings for current members and adding additional properties to our portfolio. Martinez, GA Easy Apply Today. 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. The ESI will also coordinate and refer participants to additional services and support from MIVIP partners and local community service organizations, answer . The cookies is used to store the user consent for the cookies in the category "Necessary". Find your B2B customer within minutes using affordable, accurate contact data from Datanyze. 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. 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. Both courses offer a wonderful experience to golfers of all levels. 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 Press Esc to cancel. 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. Many capital projects are planned at both properties including new indoor golf simulators, golf course enhancements and more. Dies geschieht in Ihren Datenschutzeinstellungen. Tour Talk General Golf Talk Classic Golf And Golfers Courses, Memberships and Travel Groups, Tourneys, and Partners Matching WRX Academy . ft. clubhouse, new swimming pool complex, golf course renovation, new cart paths, and more. More information is available at www.clearlake.com and on Twitter @Clearlake. Contact Garry Smits at gsmits@gannett.com and follow him on Twitter @GSmitter, Constellation Furyk & Friends gets better, not necessarily bigger. 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. Employment Service Interviewer 9-E10. It was the first acquisition since the Newport Beach, Calif. company acquiredFountains Country Club in Lake Worth, Fla., earlier this year. 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. They never assessed the members, and they never took any money out of the club. 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. 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/). 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 . " (We will) become members of the family of . Chairman and CEO Peter Nanula and COO Susan Dunnavant, co-founders of CGP, will continue to lead the Company, along with CFO Walter Bogumil. When Concert Golf approached us, a great opportunity for Glen Oaks found us. 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 owner-operator of top private golf and country clubs. Limited & Associates January 2007 - September 2007 Skills Resorts, Public Relations, Catering, Hospitality, Budgets, Marketing, Golf, Customer Service, Club, Public Speaking . Browse the current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format. Follow him on Twitter (@AmGolferBlog) and listen to him on the Club + Resort Talks podcast. 129 jobs. All rights reserved. A decade later, the situation is still . Press Esc to cancel. 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. Get the full list, Youre viewing 3 of 4 board members. Married with three children, Rob enjoys golf when not participating in activities with his family. 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,. New growth investment made in partnership with founding management team. 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. The Plantation Golf and Country Club's recent sale will wipe out millions in debt for members. 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. 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. Our members not only enjoy the manor's elegant interior and staffed fitness center, but also 5 Har-Tru clay tennis courts, an over-sized pool, kid's playground, and an 18-hole golf course that offers an abundance of play for men and women alike. "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.". Communications and Member Relations Coordinator (FT) Wichita, KS Easy Apply 1d. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Nick Oxford for The New York Times. Many capital projects are planned at both properties including new indoor golf simulators, golf course enhancements, and more, Concert Golf said. What's News 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. Records the default button state of the corresponding category & the status of CCPA. Concert Golf Partners jobs. CGP takes a long-term investment . Recapitalizing Private Clubs for Long Term Success. 12 Oaks members and Landeavor had a wish list of capital projects, and Concert Golf Partners agreed to fund them. 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. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. Bookmark, share and interact with the leading club and resort magazine today. 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"). This cookie is set by GDPR Cookie Consent plugin. Concert has amassed $250 million in long-term equity capital to invest in and upgrade large-scale private clubs located in major metro areas. 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