Emmett Kuhlenkamp of Fleming Island had a hot hand at the Ocala Golf Club with rounds of 69-68--137 to win his first Florida Junior Tour event by two shots. Concert Golf offers a personalized and curated approach to partnership and operates 27 private golf and country clubs nationally, including former developer-owned clubs and longtime member-owned clubs. The clubs were purchased in an all-cash transaction that closed in four months. Blue Hill is a family-oriented country club with a pool, practice facilities, and several dining and function facilities. These cookies will be stored in your browser only with your consent. 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. 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. Records the default button state of the corresponding category & the status of CCPA. Each has helped the industry move forward through their. ft. clubhouse with Tom Hoch Design, who has been engaged by some of the best clubs in the world, including several Ritz Carlton properties. Concert Golf Partners Presents Check to World Central Kitchen Thanks to the Concert Cares initiative, the holidays were a bit brighter for those continuing to recover from the storm.. 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. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. What's News This cookie is set by GDPR Cookie Consent plugin. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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. 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. 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 Country Club at Woodmore, one of the first . 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. 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. "Our goal remains the same to continue growing our portfolio of private clubs and to provide an enjoyable experience for our members. . 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. This cookie is set by GDPR Cookie Consent plugin. ft. clubhouse, new swimming pool complex, golf course renovation, new cart paths, and more. During the Great Recession, the member-owned club struggled to retain members and defaulted on its bank loan. It turned to Concert Golf Partners, which had acquired MacGregor Downs Country Club in nearby Cary, North Carolina in 2014. 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. The cookie is used to store the user consent for the cookies in the category "Performance". We are thrilled to welcome some terrific new investor partners, said Peter Nanula, CEO of Concert Golf Partners. Concert Golf Partners is a boutique owner-operator of upscale private golf and country clubs. Many capital projects are planned at both properties including new indoor golf simulators, golf course enhancements and more. The course sits, Editors Note: Golf Inc. has named five individuals as 2023 golf business Visionaries of the Year. ", "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. All Rights Reserved. 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. Operator of golf properties focused on investing and upgrading private clubs across the United States while maintaining each club's cherished and distinct culture. All Rights Reserved. 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 . 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 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 Type above and press Enter to search. These cookies track visitors across websites and collect information to provide customized ads. Blackstone is one of the worlds leading investment firms, which has extensive experience in the hospitality and leisure sectors. In a November 1, 2021 ruling, Judge Andrea McHugh, a Florida circuit court judge . 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. Local Main: 561.744.6006, 2023 NGF.org. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. Leaders May Purchase Former Golf Course Property, Former Tennis Club In Sherman, Texas Will Be Restored. 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 This website uses cookies to improve your experience while you navigate through the website. 501 N. Highway A1A Limited & Associates January 2007 - September 2007 Skills Resorts, Public Relations, Catering, Hospitality, Budgets, Marketing, Golf, Customer Service, Club, Public Speaking . 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"). We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Concert Golf has also released a Golf Partners Overview video that can be viewed HERE. Most importantly, all are operating profitably and generating significant cash annually for additional future capital projects, while providingexceptional member experiences and building vibrant communities. Necessary cookies are absolutely essential for the website to function properly. Tour Talk General Golf Talk Classic Golf And Golfers Courses, Memberships and Travel Groups, Tourneys, and Partners Matching WRX Academy . who owns concert golf partners. Leaders May Purchase Former Golf Course Property, Former Tennis Club In Sherman, Texas Will Be Restored. All Rights Reserved. Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. More information is available at www.clearlake.com and on Twitter @Clearlake. Fountains Country Club is a friendly club serving as our . State of Michigan 3.8. Press Esc to cancel. Concert Golf's co-founders, Peter Nanula and Susan Dunnavant, began their golf industry careers running Arnold Palmer Golf Management. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. Enter the Pulver, Oman and Pearson families, who were Glen Oaks residents and club members, and among Iowas most successful business leaders. 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 is a boutique owner-operator of top private golf and country clubs. YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. Company / Industry ContactPeter Nanula[emailprotected], Clearlake / Media ContactJennifer Hurson[emailprotected], Cision Distribution 888-776-0942 Financial terms of the transaction were not disclosed. Golf clubs featured include West Lake Country Club (Augusta, Georgia), Heathrow Country Club (Orlando, Florida) and MacGregor Downs Country Club (Raleigh, North Carolina). Employment Service Interviewer 9-E10. Concert Golf Partners, a boutique owner-operator of 25private golf and country clubs, was formed by CEO Peter Nanula, the CEO of Arnold Palmer Golf Management in the 1990s. They never assessed the members, and they never took any money out of the club. 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 cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. Fast forward to 2021, Oman told the membership, When we bought Glen Oaks in 2010, we never had an exit strategy. 07/12/2022 Concert Golf has acquired another club, this time The Ranch Country Club in Denver. 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. 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. 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. 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 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. "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. Around 92 percent of the 800 homeowners approved the sale. All rights reserved. Chairman and CEO Peter Nanula and COO Susan Dunnavant, co-founders of CGP, will continue to lead the Company, along with CFO Walter Bogumil. Developed in the early 1990s on 532 acres of farmland, Glen Oaks is an award-winning gated community and country club. Concert Golf Partners is a boutique owner-operator of private clubs based in Newport Beach, Calif. 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. The net winners were Skip Lunsford and Kevin Buller at 12-under-par 60, edging Mark Scott and Greg Maugen by one shot. Copyright 2023 WTWH Media, LLC. After what he called a "bad drive," he holed out with a 5-wood. The money will go primarily to the First Coast YMCA Tiger Academy Charter School and Johnson Family YMCA Teen Forward Program. 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. Communications and Member Relations Coordinator. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. He's a member of the Golf Writers Association of America and a long-time golf course rater. 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 Copyright 2023 WTWH Media, LLC. These new investors will supplement the capital provided by CGPs current funding sources. Effort to Resurrect Beacon Hill GC Hits Technical Snag. 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 . 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. About ClearlakeClearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. That closed in four months cookies are used to provide visitors with relevant ads marketing. To spend with no plans to dispose of any properties Talk General Golf Talk Classic Golf and club... Maugen by one shot Woodmore, one of the corresponding category & the status of.. Store the user consent for the website to function properly and function facilities transaction... Each club 's cherished and distinct culture operator of private clubs and to customized! 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