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Concert Golf Partners is a well-capitalized boutique owner-operator of golf clubs nationwide. We provide clubs with financial security through our customized recapitalization process. Concert Golf is committed to funding capital projects to help clubs become and stay profitable. As an all-cash investor, we offer a unique approach to golf management, where clubs enjoy the benefits of our decades of golf expertise without paying any fees. We use our golf industry experience, research and technology to improve your golf course and play experience through regular course maintenance.
Traditional third-party golf management companies offer their services for a fee, taken from the club they are assisting While their guidance can be helpful in navigating forward, they are unable to solve the club’s debt problems and lack the necessary funds for improvements.
Clubs that choose this option often still require assessments of their members, which can lead to five to 10 percent of their membership base resigning. As a result, fewer members will have to pay more to cover the costs needed to revitalize the club.
In addition to financial challenges, traditional third-party golf management companies also struggle with lingering board governance issues. While board members have the club’s best interests in mind, they often lack the experience needed to manage daily club operations.
Concert Golf offers a better solution with club recapitalization, which secures continual capital reinvestment to improve and maintain all aspects of the club.
Our team has many years of experience managing clubs and courses with proven techniques to help clubs succeed. In addition to golf course restorations and enhancements, Concert Golf helps clubs manage everything from landscaping upkeep to membership quality.
Some benefits of recapitalizing with Concert Golf include:
Amid the Great Recession, Blue Hill Country Club struggled to retain members due to their rising annual dues. They initially looked to outside help from Troon Golf to help support the management of the club but found that this didn’t address their rising debt, and capital projects were deferred. In 2015, the club’s members voted in favor of recapitalizing with Concert Golf to preserve their 27 holes, pay off debt and fund $3 million in improvement projects.
Since recapitalizing, Blue Hill has seen its membership rise thanks to its new 19th-hole member lounge and a renovated clubhouse. The club also expanded its driving range and short-game practice area.