Arcis Golf Acquires Assets of Dominion Golf.
M2 EQUITYBITES-April 25, 2019-Arcis Golf Acquires Assets of Dominion Golf
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25 April 2019 - Dallas, Texas, US-based private golf club company Arcis Golf has acquired the clubs portfolio of Austin, Texas-based Dominion Golf Group, the company said.
Terms of the transaction were not disclosed.
The purchase, which closed on April 22, includes five Texas clubs and aligns with Arcis' strategy of owning and operating the preeminent properties within each respective hub or expansion markets.
Arcis Golf now owns 18 clubs in Texas and is the second-largest owner and operator of golf facilities in the United States, with a presence in 14 states from coast to coast.
Arcis Golf is an operator of public and private golf clubs in the United States with a current portfolio of 65 properties in 14 states from coast to coast. Arcis Golf is supported by Arcis Equity Partners, LLC, a private-equity firm dedicated to making equity and debt investments in the real estate and leisure sectors.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Apr 25, 2019|
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