Arcis Golf pays over $43 million for Atlanta-area country clubs

Golf is a booming business in North Fulton County.

Arcis Golf paid $43.67 million for three country clubs in the northern Atlanta suburbs, according to property deeds. Public records may not reflect the full price of the transactions.

Founded in 2014, Arcis is now worth $2 billion including debt, per Bloomberg reporting. The private Dallas-based company has gobbled up more golf courses in the United States than all but one company: Invited Clubs, which was the seller of the three Atlanta-area clubs.

Here is how the deals break down and how they compare to previous purchase prices:

• White Columns Country Club: $26.8 million in 2025 vs. $4.9 million in 2013
• The Manor Golf & Country Club: $10.5 million in 2025 vs. $5.9 million in 2014
• The Country Club of the South: $6.4 million in 2025 vs. $7.6 million in 2010

Arcis is backed by two private equity firms: New York-based Fortress Investment Group LLC and Pennsylvania-based Atairos Management LP.

It has purchased 18 clubs in three years, riding a post-Covid wave of golf interest among younger and more diverse customers. Atlanta ranked as the company's No. 1 expansion priority for the last few years, Arcis Chairman and CEO Blake Walker told Bloomberg.

Clubs under Arcis ownership occasionally host events in the PGA Tour and LPGA Tour and regularly host amateur events such as the first two rounds of the Augusta National Women’s Amateur.

The deals in Atlanta were the result of an unsolicited offer to Invited Clubs, Walker told Atlanta Business Chronicle earlier this month. Arcis plans to upgrade its golf, dining and entertainment offerings to boost membership sales.

A spokesperson for Arcis declined to comment on the transaction prices.

“The acquisition of three historic clubs — each distinguished by exceptional courses, facilities and amenities — bring a fresh dimension to our diverse collection of private, daily-fee and resort properties," Walker said in a statement earlier this month.