McConnell Golf finalizes acquisition of Sedgefield Country Club in Greensboro, NC

McConnell Golf finalized its acquisition of Sedgefield Country Club in Greensboro, NC last week, after members of the 85-year-old private club had approved the sale in December. Sedgefield, a Donald Ross design, is home to the Wyndham Championship, this Aug. 15-21, 2011.

“We are very happy for the Sedgefield membership and McConnell Golf because this purchase is very positive,” said Mark Brazil, Wyndham Championship tournament director. “If history is any indication, John will make significant enhancements at Sedgefield which will upgrade what is already a beautiful club.”

McConnell will assume the club’s $2 million in debt and invest in course and clubhouse upgrades. Sedgefield, a Donald Ross design, underwent a $3 million upgrade in 2007 to restore it to its original specifications and to allow for modern golf technology.

The country club is the seventh McConnell club in the Carolinas. It also owns the Cardinal Golf & Country Club in Greensboro, and purchased The Reserve Golf Club in Pawleys Island, SC in spring 2010.

“The Greensboro Triad area of North Carolina is a fertile market,” said John McConnell, CEO and president of McConnell Golf, in a press release. “We can now deliver our multiple-club experience to golfers in this region.”

McConnell Golf allows country club members who pay an initiation fee at one course to have access to all seven of its courses. It has more than 1,500 members and its strategic plan is to own courses throughout the Carolinas.

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