From boutique investors to billion-dollar portfolios, successful golf course acquisitions increasingly depend on strategy, relationships and disciplined execution.
Municipal golf courses face a unique set of challenges compared with daily-fee and private courses. In such situations, it can be beneficial to look outside the local government hiring process and turn to a third-party management company.
The semi-private club in Dahlonega, Georgia, marks the Texas-based company’s first acquisition outside its home state and its fourth overall. Troon has been selected to manage club operations, agronomy, retail, food and beverage, and sales and marketing for Legacy.
Concert Golf Partners is expanding its sustainability efforts across its portfolio of more than 40 private clubs through a new partnership with Audubon International, with select properties pursuing environmental certification over the next year.
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.