Two Houston-area golf clubs, Northgate Country Club and Walden on Lake Conroe Golf Club, have been acquired by a Florida-based company that owns dozens of courses and clubs.
Concert Golf Partners, headquartered in Lake Mary, Florida, purchased the clubs from private club industry veteran Dan McIntyre, according to Concert Golf. The acquisition brings Concert Golf’s portfolio to 32 private golf and country clubs across the United States.
McIntyre, a former executive with ClubCorp (now named Invited), a Dallas-based owner and operator of private golf clubs and country clubs, acquired Walden in 2004 and Northgate in 2012.
“After 50 years of being in the club business, I was ready to retire,” McIntyre explained. “The clubs were in good shape, and I felt the timing was right.”
Exact terms of the sale were not disclosed. Concert Golf mentioned that an unspecified amount will be allocated for capital improvements, including a substantial portion for irrigation.
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“Dan McIntyre has built two incredible clubs in Houston, and we are looking forward to maintaining and enhancing the clubs, and preserving the strong legacy,” said Concert Golf Partners Senior Vice President Jordan Peace. “We’re excited to invest millions of dollars into the Clubs over the coming years, all at no cost or assessment to the members.”
Northgate, the centerpiece of the Northgate Forest community off FM 1960 in north Houston, was established in 1983 and has more than 1,000 members. The club features an 18-hole course, eight tennis courts, three pools, and a clubhouse for dining and social events.
The 18-hole Walden, about 55 miles north of downtown Houston on Lake Conroe, opened in 1976 and has about 725 members, McIntyre said. Concert Golf agreed to continue hosting the annual fundraiser for Golfers Against Cancer at no cost to the organization, which was a comfort to McIntyre in completing the sale.
“I’m chairman of Golfers Against Cancer, an organization that’s donated $27 million to cancer research,” McIntyre said. “That will keep me as busy as I care to be.”
Founded in 2011, Concert Golf has amassed $250 million of equity capital to invest in private clubs.
Daniel Miller takes readers to the greens with his passion for golf. He offers coverage of major golf tournaments, player achievements, and insights into the sport’s rich history, making him a trusted source for golf enthusiasts.
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