Clearlake Capital Makes Growth Investment in Concert Golf Partners
April 21, 2022
Clearlake Capital Group has made a growth investment in Concert Golf Partners, a boutique operator of private golf and country clubs, to fund portfolio expansion and enhancements to member amenities. Concert Golf’s founding management team (Chairman & CEO Peter Nanula and COO Susan Dunnavant) will remain in place; financial terms were not disclosed.
- Buyers
- Clearlake Capital Group, L.P.
- Targets
- Concert Golf Partners
- Industry
- Restaurants & Hospitality
- Location
- Florida, United States
- Transaction Type
- Growth capital
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Bain Capital Acquires Concert Golf Partners from Clearlake Capital
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Bain Capital has invested in Concert Golf Partners as Clearlake Capital completes its exit; terms were not disclosed. Concert Golf, an owner-operator of 39 private golf and country clubs headquartered in Lake Mary, Florida, will be supported by Bain's Private Equity and Real Estate teams to continue platform growth and investment in club amenities.
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Centroid Invests in Concert Golf Partners alongside Clearlake
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Seoul-based private equity firm Centroid Investment Partners has made a strategic investment in Concert Golf Partners, joining existing investor Clearlake Capital and Concert Golf management. The injection of capital is intended to support Concert Golf's portfolio expansion and club enhancement initiatives, leveraging Centroid's golf-sector expertise and partnership with TaylorMade.
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