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Sunday, May 19, 2024

Arcis Golf Buys 9th Country Club This Year

  • Arcis Golf operates nearly 70 private, resort, and public golf clubs.
  • The company is the second-largest operator of courses in the U.S.
Arcis Golf

Arcis Golf has acquired Four Bridges Country Club in Liberty Township, Ohio, marking the course operator’s ninth club acquisition in less than a year.

Terms of the deal weren’t disclosed. 

Launched by Arcis Equity Partners in 2015, Arcis Golf operates nearly 70 private, resort, and public golf clubs in the U.S., making it the second-largest operator of courses behind ClubCorp.

ClubCorp has more than 200 golf clubs, resorts, country clubs, and athletic clubs in the U.S. 

  • Four Bridges Country Club will be Arcis Golf’s fifth property under management in Ohio.
  • The club has a par-72, 18-hole golf course that stretches 7,200 yards. 
  • It also has a sports complex that includes a fitness center, pool, and racquet courts. 

Arcis Golf is taking advantage of a growing golf market that has reached 66.6 million players worldwide — up from 61 million golfers five years ago. The company has invested more than $90 million in upgrades and amenities over the last few years to better serve customers. 

It is also investing in courses outside the U.S. 

In November 2021, Arcis Golf agreed to provide management and operating services to Kilada Country, Golf, and Residences, a new luxury golf resort community in southern Greece.

Billon-Dollar Business Partner 

Last August, Phil Mickelson sold six Arizona golf courses — three private and three daily-fee — to Arcis Golf for an undisclosed amount.

The sale could bring Mickelson within reach of a $1 billion net worth. The 51-year-old golf legend had $800 million in career off-course earnings before the sale, per Forbes.

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