ClubCorp Acquires Oakhurst Golf & Country Club, Marking Its Fourth Acquisition in 2017
April 12 2017 - 6:55AM
ClubCorp – The World Leader in Private Clubs® (NYSE:MYCC) –
announces its fourth acquisition in 2017 with the purchase of
Oakhurst Golf & Country Club, a premier private club in
Clarkston, Michigan, just northwest of Detroit. ClubCorp plans to
spend more than $1 million to reinvent the club, bringing stylish
and new dining and social features to the clubhouse and patio, plus
improvements to the golf course and aquatics center.
“With its location in a family oriented, upscale community and
featuring an outstanding golf course and spectacular clubhouse,
Oakhurst Golf & Country Club is a welcome addition to our
portfolio of clubs and an expansion for our Detroit market,” said
Mark Burnett, ClubCorp COO and president. Additional clubs in the
area include Oak Pointe Country Club in Brighton, TPC Michigan in
Dearborn and the Skyline Club in Southfield.
“This is an exciting time for Oakhurst members,” said Pat
Callahan, president of the club’s board. “We have heard many
positive comments about ClubCorp and look forward to all of the
changes and improvements coming to the club. Members are already
talking about taking advantage of ClubCorp’s expansive network of
clubs.”
Located in Oakland County, Oakhurst Country Club features a
challenging 18-hole Arthur Hills-designed golf course that winds
through pristine forests of oak, maple, beech, hickory and ash and
past some of Michigan’s most beautiful marshlands. The spectacular
three-level, 42,000-square-foot clubhouse offers upscale and casual
dining, lounges and meeting rooms, elegant private event space, pro
shop, and new locker rooms. Additional amenities include an
Olympic-size pool and six tennis courts.
Oakhurst members will be eligible to participate in ClubCorp's
unique O.N.E. (Optimal Network Experiences) program, which provides
value-oriented benefits like 50% off a la carte dining at the
member's Home Club. In addition, members can enjoy benefits within
the Community – Oak Pointe, TPC Michigan and Skyline Club – and
Worldwide including complimentary green fees and complimentary
dining when traveling throughout the ClubCorp Network, which now
offers access to more than 300 private clubs and special offerings
at more than 1,000 hotels, resorts and entertainment venues.
About ClubCorp (NYSE:MYCC)Since its founding in
1957, Dallas-based ClubCorp has operated with the central purpose
of Building Relationships and Enriching Lives®. ClubCorp is a
leading owner-operator of private golf and country clubs and
private business clubs in North America. ClubCorp owns or operates
a portfolio of over 200 golf and country clubs, business clubs,
sports clubs, and alumni clubs in 27 states, the District of
Columbia and two foreign countries that serve over 430,000 members,
with approximately 20,000 peak-season employees. ClubCorp Holdings,
Inc. is a publicly traded company on the New York Stock Exchange
(NYSE:MYCC). ClubCorp properties include: Firestone Country Club
(Akron, Ohio); Mission Hills Country Club (Rancho Mirage,
California); The Woodlands Country Club (The Woodlands, Texas);
Capital Club Beijing; and Metropolitan Club Chicago. You can find
ClubCorp on Facebook at facebook.com/clubcorp and on Twitter at
@ClubCorp.
Media Relations
Patty Jerde
972-888-7790
patty.jerde@clubcorp.com
Investor Relations
972-888-6206
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