DALLAS – December 10, 2015 Since its formation earlier this year, Arcis Golf—a leading owner/operator of golf courses and clubs in the U.S.—has allocated $50 million in major capital improvements to its portfolio of 72 public and private facilities.
“Making multi-million dollar investments in our golf clubs is an indication of the dynamic direction Arcis Golf is taking,” said Blake Walker, Chairman and CEO of the Dallas-based company, which launched in July. “Arcis Golf is dedicated to providing unrivaled amenities that complement diverse playing experiences for the enjoyment of the members and guests at all of our facilities.”
Prominent clubhouse renovations are in progress at five private facilities: Ancala Country Club (Phoenix, Ariz.), Arrowhead Country Club (Phoenix, Ariz.), Eagle Brook Country Club (Chicago, Ill.), Ruby Hill Golf Club (San Francisco, Calif.), and Hunt Valley Golf Club (Baltimore, Md.). In the public course portfolio, Ruffled Feathers Golf Club (Chicago, Ill.) and Cowboys Golf Club (Dallas, Tex.) are receiving major clubhouse makeovers.
“The diversity of product and geography, coupled with the size and scope of this portfolio, differentiates Arcis Golf from others in the marketplace,” Walker added. “Since the summer, we’ve made significant commitments for enhancing our facilities, spending $20 million in capital.”
That commitment has resulted in major clubhouse transformations recently completed at TPC Snoqualmie Ridge (Seattle, Wash.) and Tartan Fields Golf Club (Columbus, Ohio). Also, a new branded restaurant, Ring of Honor Kitchen & Bar—a tribute to the most treasured names in Dallas pro football history—will debut at Cowboys Golf Club early in 2016.
“We are enthusiastic about the unique portfolio of clubs that we have assembled, as well as the exceptionally talented management team we have built and will continue to augment,” Walker said.
Arcis Equity Partners, LLC is a private equity firm dedicated to making equity and debt investments in the real estate and leisure sectors. Arcis Equity’s strategic objective is to generate superior risk-adjusted returns by creating strong partnerships with management and driving value creation through growth, not financial engineering.
The company seeks to partner with high-quality management teams and commit its collective experience and resources to accelerate growth and build lasting value for their companies.
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Media Contact:
Karen Moraghan
Hunter Public Relations
kmoraghan@hunter-pr.com
908/963-6013
