Nov. 17 at 5:00 PM
Bain Capital has agreed to acquire private golf-club operator Concert Golf Partners from Clearlake Capital in a deal valuing the company at more than
$1.3 billion including debt, according to Bloomberg. The transaction, involving Bain’s private-equity and real-estate strategies, gives Clearlake a full exit. Based in Lake Mary, Florida, Concert Golf owns and operates 39 U.S. golf clubs. Financial terms weren’t disclosed. Clearlake first invested in 2022 and expanded the portfolio with 14 acquisitions, significantly growing Concert Golf’s national footprint. The deal underscores ongoing private-equity interest in the golf industry.
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