Concert Golf Partners acquires two other private clubs

Concert Golf Partners has acquired two additional clubs in the Midwest: the Sagamore Club in Noblesville, Indiana, and the Players Club at Deer Creek in Omaha, Nebraska. The clubs were purchased in an all-cash transaction that closed in four months.

Concert Golf acquired Glen Oaks Country Club in Des Moines, Iowa in January.

Concert Golf Partners, a boutique owner-operator of 25 private golf clubs and country clubs, was established by CEO Peter Nanula, CEO of Arnold Palmer Golf Management in the 1990s. Concert has raised $250 million in equity long-term to invest and modernize large-scale private clubs located in major metropolitan areas.

The acquisition adds another Jack Nicklaus Signature course (Sagamore Club) and a highly rated Arnold Palmer design (Players Club) to Concert Golf‘s collection of high-end private clubs, which now numbers 25.

The Sagamore Club

“Now is the perfect time for club owners to sell, and we are honored to have been selected as the next long-term stewards of these two great clubs,” Nanula said. “We continue to see owners looking to put their club in good hands for the next chapter in the club’s history; price is almost never the primary concern, but rather the confidence that the new owner will continue to deliver exceptional member experiences and provide training and growth opportunities for staff. »

Numerous capital projects are planned at both properties, including new indoor golf simulators, golf course improvements and more.

Concert Golf has now acquired 4 private clubs in 4 months, with another club acquisition expected in the next 30-60 days, according to a press release.