GreatLIFE Golf expects to become more active on the acquisition front as it looks for underperforming golf facilities in growing markets, following the company's purchase of River Run Golf Club in Berlin, Maryland.
The Walden Group has acquired Dove Valley Ranch Golf Club in Cave Creek, Longbow Golf Club in Mesa, and Power Ranch Golf Club in Gilbert. Thompson Golf Management will continue to handle operations for all three clubs.
Golf course transactions are becoming increasingly sophisticated, with private clubs, daily-fee facilities, resort properties and multi-course portfolios attracting different types of buyers.
Cabot has officially opened Old Petty, the second golf course at Cabot Highlands in Inverness, Scotland, while also looking ahead to its next phase of growth.
A new golf course development is always cause for celebration, and our Development of the Year competition continues to showcase some of the best work in the golf industry.
Demand and revenue management platform Noteefy has acquired data intelligence company Metolius Golf, combining their technologies into a single platform that serves more than 1,500 golf courses.