- Companies
- Concert Golf Partners
Concert Golf Partners Acquisition, Valuation, Funding & Investors
Concert Golf Partners was acquired by Bain Capital for $1.3B in November 2025.
Concert Golf Partners acquisition price
$1.3B
Acquired by Bain Capital · Nov 2025
Key investors in Concert Golf Partners
Clearlake Capital
Centroid Investment Partners
About Concert Golf Partners
Concert Golf Partners is an American owner-operator of upscale private golf and country clubs, headquartered in Lake Mary, Florida, near Orlando. It was co-founded in 2011 by chairman and chief executive Peter Nanula and chief operating officer Susan Dunnavant. The company recapitalises member-owned, privately owned and developer-owned clubs: it closes purchases in cash from committed funds and pays for capital improvements, so members avoid assessments while each club keeps its name, culture and private status. Revenue comes from membership dues and from golf, dining, fitness, banquets and events at its clubs. Its portfolio has grown to 39 clubs across the US, including Jasna Polana in Princeton, New Jersey, The Club at Longview in Charlotte, White Manor Country Club in Malvern, Pennsylvania, and The Club at 12 Oaks in Holly Springs, North Carolina, and it says it has invested in, operated or lent on more than 100 golf properties. Clearlake Capital invested in March 2022, doubled revenue and profitability over its ownership and completed 14 add-on acquisitions, then exited in November 2025, when Bain Capital's private equity and real estate teams invested in the company.
Founded
2011
HQ
Website
Status
Acquired
Customer focus
B2C
Revenue model
Subscription
Valuation
$1.3B (acquired Nov 2025)
Sectors
Concert Golf Partners Acquisition
Concert Golf Partners was acquired by Bain Capital for $1.3B on 17 November 2025.
Bain Capital completed its acquisition of Concert Golf Partners from Clearlake Capital Group on November 17, 2025, for approximately $1.3 billion including debt. Concert Golf is a premier owner-operator of private golf and country clubs headquartered in Lake Mary, Florida, operating 39 upscale private club locations across 19 states that provide golf, dining, fitness, and events. Bain Capital's Private Equity and Real Estate teams jointly led the investment to support the company's long-term growth strategy and national expansion plans. The deal marks Clearlake's exit after a three-year ownership period beginning in March 2022, during which Clearlake used its O.P.S. framework to drive substantial growth—the company doubled both revenue and profitability, completed 14 strategic club acquisitions, and transformed Concert Golf into a full-service lifestyle platform. Bain Capital cited Concert Golf's consistent execution, strong management culture under CEO Peter Nanula, and focus on member experience as key attractions, positioning the company to accelerate its portfolio expansion and enhance club facilities and member services. Kirkland & Ellis represented Bain Capital as legal counsel, while Goldman Sachs and Rothschild & Co served as financial advisors to Bain, and Moelis & Company and Wachtell, Lipton, Rosen & Katz advised Concert Golf and Clearlake.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 17 Nov 2025 | PE buyout | $1.3B |
Sources: prnewswire.com
Concert Golf Partners Funding History
Concert Golf Partners has raised 2 funding rounds.
Concert Golf Partners' first fundraising round was a undisclosed-stage round in April 2022. The most recent completed round was a strategic investment round in September 2022.
| Date | Stage | Investors | Deal Summary |
|---|---|---|---|
| Sep 2022 | Strategic investment | Centroid Investment Partners | Concert Golf Partners announced on 28 September 2022 that it had received a strategic investment from Centroid Investment Partners, the Seoul-based private equity firm that owns TaylorMade Golf Company. Centroid joined Clearlake Capital Group, the company's lead investor since April 2022, and management as investors, and financial terms were not disclosed. The investment provided incremental primary capital to support Concert Golf's club acquisitions and club enhancement programme. Chief executive Peter Nanula said Centroid shared the company's commitment to growing the game and would participate in its next phase of growth alongside Clearlake. The parties said Centroid's position in the golf industry through TaylorMade would bring sector expertise and partnership opportunities. Since Clearlake's investment, Concert Golf had added several private clubs, including The Club at Renaissance in South Florida. Concert Golf Partners, based in Lake Mary, Florida, owns and operates private golf and country clubs across the United States, earning revenue from membership dues and club services. |
| Apr 2022 | Undisclosed stage | Clearlake Capital | Concert Golf Partners announced on 21 April 2022 that it had received an investment from Clearlake Capital Group, made in partnership with the company's founding management team. Financial terms were not disclosed. Co-founders Peter Nanula, the chairman and chief executive, and Susan Dunnavant, the chief operating officer, continued to lead the company alongside chief financial officer Walter Bogumil. Clearlake's José E. Feliciano and Arta Tabaee said the investment reflected the firm's thesis on tailwinds in golf and the broader leisure market, and that Clearlake would use its O.P.S. framework to enhance and expand the platform. Management said the new capital would fund additional club acquisitions and improvements at existing clubs. Concert Golf Partners, based in Lake Mary, Florida, is a boutique owner-operator of private golf and country clubs in the United States. It earns membership dues, initiation fees and food, beverage and event revenue from the clubs it owns and operates. Clearlake later brought in Centroid Investment Partners as a co-investor in September 2022 and exited to Bain Capital in November 2025. |
Who has invested in Concert Golf Partners?
2 investors have backed Concert Golf Partners across its funding rounds, including Clearlake Capital and Centroid Investment Partners.
Concert Golf Partners Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Concert Golf Partners investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Concert Golf Partners
Concert Golf Partners has acquired 3 companies to date.
Last acquisition by Concert Golf Partners was on May 28th 2026. Concert Golf Partners acquired Pebble Creek Country Club for undisclosed valuation.
Latest Acquisitions by Concert Golf Partners
| Description | Pebble Creek Country Club is a private, family-oriented golf and country club in south College Station, Texas, near Texas A&M University. The club has a championship golf course, a large clubhouse, dining, a pool, tennis and pickleball facilities and a children's club, and it earns revenue from membership dues, dining and events. The clubhouse covers about 50,000 square feet, and the property offers a pro shop, dining and social events for its members. Triumph Golf owned the club from 2012 until it was sold to Concert Golf Partners in May 2026. | Battleground Country Club is a private golf and country club in Manalapan, New Jersey, located between New York City and Trenton. The club sits on about 220 acres with an 18-hole championship golf course, a clubhouse, dining, a pool, outdoor tennis courts and event spaces, and it earns its revenue from membership dues, dining and events. The land lies near the site of the 1778 Battle of Monmouth. The Maschler family and Michael McCarty owned the club from 2009 until it joined the Concert Golf Partners portfolio in January 2026. | TPC Jasna Polana is a luxury golf resort in Poland featuring an 18-hole championship course designed by Keith Foster. Located near Krakow, the club hosts PGA Tour events and corporate tournaments, with facilities including a clubhouse, pro shop, spa, and family activities. TPC Jasna Polana supports charitable initiatives through grassroots golf programs and offers dining in its oak-paneled rooms and breakfast venues. |
| HQ Country | |||
| HQ City | College Station | Manalapan | Princeton, NJ |
| Deal Date | 28 May 2026 | 16 Jan 2026 | 10 Jul 2024 |
| Valuation | undisclosed | undisclosed | $28M |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all Concert Golf Partners acquisitions and their M&A valuation multiples. Start Free Trial | |||
Concert Golf Partners Competitors
Concert Golf Partners competitors include listed companies like Kinepolis Group, Daiichikosho, Compagnie des Alpes and SkiStar, and private ones like Strava and Zum.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $634M | $169M | $1.5B | 2.8x | ||
| Private | $500M | - | $1.5B | 3.0x | ||
| Publicly listed | $1B | $263M | $1.1B | 1.1x | ||
| Publicly listed | $1.6B | $465M | $1.1B | 1.6x | ||
| Publicly listed | $505M | $148M | $1.6B | 3.8x | ||
| Private | $333M | - | $1.7B | 5.1x |
Concert Golf Partners Public Comps
Concert Golf Partners is no longer listed, but its public comps include Daiichikosho, Kinepolis Group, Compagnie des Alpes, Shochiku, Six Flags Entertainment, SkiStar, Leejam Sports, Melco Resorts and Entertainment, Grupo CIE and SATS Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1B | $263M | 1.2x | 1.1x | 4.6x | 5.4x | |||
| $634M | $169M | 3.8x | 2.8x | 14.1x | 9.6x | |||
| $1.6B | $465M | 1.7x | 1.6x | 5.6x | 5.3x | |||
| $621M | $78M | 2.1x | 2.1x | 16.9x | 20.4x | |||
| $3.1B | ($867M) | 2.0x | 2.1x | (7.0x) | 7.9x | |||
| $505M | $148M | 3.8x | 3.8x | 13.0x | 12.9x | |||
| $430M | $192M | 3.5x | 3.4x | 7.8x | 7.9x | |||
| $5.2B | $1.1B | 1.6x | 1.6x | 7.3x | 6.9x | |||
This data is available for Pro users. Sign up to see all Concert Golf Partners competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Concert Golf Partners
| When was Concert Golf Partners founded? | Concert Golf Partners was founded in 2011. |
| Where is Concert Golf Partners headquartered? | Concert Golf Partners is headquartered in Lake Mary, FL, United States. |
| Is Concert Golf Partners publicly listed? | No, Concert Golf Partners was acquired by Bain Capital in November 2025. |
| Who acquired Concert Golf Partners? | Concert Golf Partners was acquired by Bain Capital in November 2025. |
| How much was Concert Golf Partners acquired for? | Concert Golf Partners was acquired for $1.3B in November 2025. |
| What was Concert Golf Partners' last funding round? | Concert Golf Partners' last funding round was a strategic investment round in September 2022. |
| Who are Concert Golf Partners' investors? | Concert Golf Partners' investors include Centroid Investment Partners and Clearlake Capital. |
| Which companies are comparable to Concert Golf Partners? | Companies comparable to Concert Golf Partners include Kinepolis Group, Strava, Daiichikosho, Compagnie des Alpes, SkiStar and Zum. |
| How many companies has Concert Golf Partners acquired? | Concert Golf Partners has acquired 3 companies, including Pebble Creek Country Club, Battleground Country Club and TPC Jasna Polana. |
| What was the largest acquisition by Concert Golf Partners? | The $28M acquisition of TPC Jasna Polana in July 2024 is the largest acquisition Concert Golf Partners has made to date. |
See companies similar to Concert Golf Partners
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




