The management firm’s new unit will provide comprehensive management services for private clubs, destination resorts and premier daily-fee golf courses, and will be headed by Doug Hellman, a 30-year industry veteran, and Seth Churl, a former executive with Sequoia Golf and Redwood Six. ClubCorp, the Dallas, Texas-based management firm, announced that it is expanding its…
Redwood Six Launched as New Management Firm
The Houston- and Atlanta-based company is comprised of former partners and executives from Sequoia Golf, which was acquired by ClubCorp in 2014. The new firm is looking to build a portfolio of private club and destination golf resort properties.
Eric Affeldt Tops “Most Powerful People in Golf” List
The CEO and President of ClubCorp took the top spot in Golf Inc.’s list for the second year in a row, and has ranked in the top five since 2007. The list ranks individuals’ influence and their organizations’ ability to positively impact the golf industry.
Jefferson Lakeside CC to End Relationship with Sequoia Golf
After its three-year contract ends on December 31, the Richmond, Va., club will be self-managed, guided by committees, Boards, and a newly hired General Manager. According to the club, ClubCorp’s recent acquisition of Sequoia Golf played a role in its decision to cut ties.
ClubCorp Gets Bullish Endorsement from Barron’s
“With a balance sheet in good shape,” the weekly financial publication wrote in a “Sizing Up Small Caps” article, “there’s no reason to doubt that [ClubCorp CEO Eric Affeldt] can keep hitting it straight down the fairway.”
Troon Acquires Honours Golf
The Arizona-based management company will strengthen its presence in the southeastern U.S. by adding 14 properties located in Alabama, Florida, Mississippi and North Carolina.
ClubCorp Completes Sequoia Golf Acquisition
The $265 million deal adds 50 owned and operated clubs to ClubCorp’s portfolio, and increasing its number of private clubs by 30 percent.
Smoke Rise CC Completes $1.1M Renovation
The project began in February and includes upgrades to the Stone Mountain, Ga., club’s 25,000-sq. ft. clubhouse, with an expanded fitness room, climate-controlled patio, and card room enhancements.
ClubCorp Acquires Sequoia Golf
The $265 million deal will add 50 properties to the Dallas-based company’s portfolio of private clubs.
Strictly Ballroom
From business gatherings to weddings, club ballrooms must be both neutral and elegant enough to handle events of all kinds.
Sequoia Golf, BCG Add Properties to Portfolio
The Newnan, Ga.-based Sequoia has added Mill Creek (Wash.) CC to its portfolio, which features an 18-hole golf course designed by Ted Robinson and club dining and private event facilities in a mountain setting. The city of Tamarac (Fla.) selected Billy Casper Golf to take over operations of the 36-hole, daily-free Colony West CC, which has been closed since late August.
Coming Up Fast
As management firms of all types and sizes continue to drive industry innovation and investment, an emerging group of key players bears special watching.
Sequoia Golf Bolsters Atlanta Market Holdings
The management firm announced the acquisition of three private golf and country clubs in the north Atlanta metro area, a 20-year lease agreement with Old Ranch CC in Seal Beach, Calif., and plans for $4.5 million in capital improvements at the properties.
Success Under The Golf Umbrella
The impact of management company insight and expertise was apparent from the start at this Tennessee club.