Announced
Completed
Financials
Tags
Private Equity
Completed
United States
Recreational Services
Domestic
Minority
Friendly
Private
golf clubs
country clubs
Acquisition
Single Bidder
Synopsis
Clearlake Capital Group, an investment firm focused on private equity and special situation transactions, completed the investment in Blackstone-backed Concert Golf Partners, a boutique operator of private golf and country clubs. Financial terms were not disclosed. "Concert Golf's value-added approach to operating clubs, combined with its operating expertise, has positioned the Company well to bring its best practices to new locations and enhance the experience for private club members. 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," Dilshat Erkin, Clearlake Senior Vice President.
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