• Loading stock data...
Friday, October 31, 2025
Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here

PE-Backed Concert Golf Grows Empire With $60M Cape Cod Course

Concert Golf Partners bills itself as the “only pure-play private club operator in the industry.”

Concert Golf Partners
Credit: Kent Earle

Private-equity-backed Concert Golf Partners found its niche as the “only pure-play private club operator in the industry”—and the company just made its largest acquisition ever with the more than $60 million purchase of a property in Cape Cod.

Florida-based Concert Golf, founded in 2011, announced June 13 the acquisition of The Club at New Seabury on Cape Cod, a 300-acre golf and beach club on the Nantucket Sound that includes two golf courses, a tennis facility, hiking and biking trails, and more. The deal, which increases the company’s portfolio to 39 clubs across the U.S., is more than double the size of its next-largest acquisition, according to SVP Jordan Peace.

Concert Golf’s involvement doesn’t stop once the acquisition is made. In fact, Peace tells Front Office Sports the company has a “large, multimillion-dollar capital plan within the next few years” to add to the club, even though it is already “healthy and thriving.” 

Peace says because Concert Golf is solely focused on private clubs, not public courses, it is not in direct competition with the largest U.S. golf course operators—like the top two, Invited and Arcis Golf, the latter of which recently reached an enterprise valuation of $2 billion and has a portfolio of 70 golf courses. The Arcis portfolio is basically an even split between public and private clubs.

“We have no desire to be the biggest,” he tells FOS. “We do want to be the best, and what the best means is the right clubs for us.”

It has been finding a lot of the right clubs lately. In November, Concert Golf bought The Georgia Club, a 350-acre club located near the University of Georgia; in October, it beat out multiple suitors to acquire the 261-acre Golf Club of the Everglades; and in July, it picked up TPC Jasna Polana, a 220-acre club near Princeton University.

“We have been, for the last two-and-a-half years or so, elevating our portfolio,” Peace says. 

Peace points to the nearly “unlimited resources” Concert Golf has at its disposal in order to upgrade and maintain facilities after a deal. Those unlimited resources are thanks to investors like private-equity firm Clearlake Capital, which first invested in Concert Golf in 2022. 

The private-equity industry’s interest in golf makes sense, as its resurgence as an asset class is legitimate. Participation in the sport has “surged” by 30% since 2016—including with a rise in female and junior golfers—and industry revenue has grown at a compound annual growth rate of 4% over the last five years to nearly $35 billion this year, according to research firm IBIS World.

Clearlake has other sports holdings too, such as Chelsea Football Club and PrimeSport, a sports and entertainment hospitality company. According to Peace, Clearlake has been a “great partner” because it is patient and understands its role as a financier that works from the shadows while allowing the experts to do their work.

“Our members do not, and never will, notice who our investors are in the background,” he tells FOS. “Our leadership team is incredibly strong; they know how to operate premium private clubs.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Aug 25, 2022; Atlanta, Georgia, USA; Close up view of the ball and club of Scott Scheffler during the first round of the TOUR Championship golf tournament.

From Third Tier to $1M: Michael Brennan’s Surprise PGA Tour Win

The 23-year-old won his first professional start on the PGA Tour.

As the NFL, NBA, and NHL Go Global, The Masters Is Looking..

The tournament’s chairman touted new qualification measures.

YouTube Stars Help Bring Back Golf Channel’s ‘Big Break’

The show will return in 2026 after an 11-year hiatus.
January 8, 2023; Maui, Hawaii, USA; Matt Fitzpatrick hits his tee shot on the 11th hole during the final round of the Sentry Tournament of Champions golf tournament at Kapalua Resort - The Plantation Course.

PGA Tour Cancels $20M Season Opener After Moving Out of Maui

The 2026 season will now begin a week later at the Sony Open in Honolulu.

Featured Today

September 21, 2025; Santa Clara, California, USA; NFL commissioner Roger Goodell before the game between the San Francisco 49ers and the Arizona Cardinals at Levi's Stadium

NFL Fall Meeting: 7 Big Topics Among Team Owners 

Media, facilities, and labor highlight some of the key areas of concern.
Ohio State Buckeyes running back Isaiah West (32) runs the ball in the second half at Camp Randall Stadium on Saturday, Oct. 18, 2025 in Madison, Wisconsin
October 25, 2025

NIL Has Birthed a Third-Party Cottage Industry—and It’s a Mess

There’s no limit to how much players can make from NIL deals.
Christie's
October 21, 2025

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
@chef__tezz/Instagram
October 19, 2025

Inside the NFL’s Private Chef Network

Private chefs are the unsung architects of player performance.
Oct 12, 2025; Kansas City, Missouri, USA; Kansas City Chiefs tight end Travis Kelce (87) takes the field prior to a game against the Detroit Lions at GEHA Field at Arrowhead Stadium.

Can Travis Kelce Save Six Flags From Free Fall?

The NFL star joined an activist investor in pushing for change.
Oct 5, 2025; New Orleans, Louisiana, USA; Former New Orleans Saints quarterback Drew Brees smiles prior to the game against the New York Giants at Caesars Superdome.
October 21, 2025

Drew Brees Flag Football League Sells to PE Amid Youth Boom

Football ‘N’ America operates 24 flag football leagues across the country.
Sep 25, 2025; Boston, MA, USA; Boston Celtics lead owner and governor Bill Chisholm speaks during a press conference at Auerbach Center.
October 22, 2025

The NBA’s Expanding Private-Equity Footprint

There is a PE connection of some kind for 20 of 30 teams.
Sponsored

How HOKA is Reimagining the NIL Relationship

TNT Sports is going all-in on college athletics—bringing fans closer and giving brands a powerful new way to connect.
Jason Belzer
October 17, 2025

College Sports Is ‘Too Big of an Opportunity’

Panelists at the Asset Class summit agreed college sports is the next frontier.
Jon Ledecky
October 17, 2025

Islanders Owner Warns WNBA Against Labor Strife: ‘No Bueno’

Jon Ledecky drew a stark contrast between the two leagues.
Dave Checketts
October 17, 2025

Ex-Knicks President: When David Stern Accused Me of Skirting Cap

The Knicks walked away clean when accused of cap circumvention in the 1990s.
Mat Ishbia
October 14, 2025

Mat Ishbia Countersues Suns Minority Owners in Transparency Fight

He claims two minority partners are manufacturing a “contrived legal drama.”