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Clubcorp sold


jhellrung

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Well, this can't be good.  ClubCorp, owner/operator of over 200 golf courses, has been sold to a PE firm.  Not to sound like a tinfoil hat guy, but I'm hoping that the plan isn't to use the real estate on these places to build more houses.  ClubCorp has some really nice courses, and I'm sure they won't plow under the real gems, but a PE's goal is pretty much the opposite of a traditional golf club.  PE's want to maximize profit, and traditional clubs want to create an enjoyable experience for members.  Should be interesting to watch, though as a ClubCorp member I wish I were watching from the sidelines.

What's in the Bag:

 

Driver - Titleist TS2 11.5, Diamana 70 Stiff Flex

FW - Callaway Razr X 3 Wood

Rescue - Taylormade Rocketballz 4 Rescue

Irons - Callaway Apex CF19, Nippon S. Pro 1050 GH, Stiff Flex

Wedges - Titleist Vokey S4 48, 52, 56, and 60

Putter - Odyssey OWorks Marxman

 

 

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I read an article on this yesterday from the WSJ I believe.  I'm not very knowledgeable on how Private Equity firms operate.  But all indications are the owners of the firm said they intend on keeping a lot of the Club Corp staff and operating them courses as they have been doing.   It just seemed like owners of ClubCorp were looking for cash to get out.

 

I'm sure there is a lot more to come on this, it will be interesting to follow.  

:ping-small: G430 Max 10K 

:titelist-small: TSiR1 15.0 Aldlia Ascent 60g

:titelist-small: TSR2 18.0 PX Aldila Ascent 6og

:titelist-small: TSi1 20 Aldila Ascent Shafts R

:titelist-small: T350 5-GW SteelFiber I80 

:titelist-small: SM10 48F/54M and58K

:ping-small: S159 48S/52S/56W/60B

:scotty-cameron-1: Select 5.5 Flowback 35" 

:titelist-small: ProV1  Play number 12

 

 

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Great my club is a part of that group.

 

 

Sent from my iPhone using MyGolfSpy

Taylor Made Stealth 2 10.5 Diamana S plus 60  Aldila  R flex   - 42.25 inches 

SMT 4 wood bassara R flex, four wood head, 3 wood shaft

Ping G410 7, 9 wood  Alta 65 R flex

Srixon ZX5 MK II  5-GW - UST recoil Dart 65 R flex

India 52,56 (60 pending)  UST recoil 75's R flex  

Evon roll ER 5 32 inches

It's our offseason so auditioning candidates - looking for that right mix of low spin long, more spin around the greens - TBD   

 

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