Arcis Equity Partners launches Arcis Golf

Arcis Equity Partners has launched Arcis Golf, a newly capitalized golf management company based in Dallas. Formerly known in part as Eagle Golf, Arcis Golf will operate as part of Arcis Equity Partners’ golf portfolio and will consist of two different operating brands: Castlegate and Ironbridge. 

Comprised of two portfolios purchased in 2014, Arcis Golf now has 70 18-hole equivalent courses in its portfolio of operated courses making it the 10th largest managing company in the world, just ahead of OB Sports. Arcis Golf is currently operating the majority of the 54 golf and country clubs owned by Arcis Equity Partners and will continue to operate 18 properties on a leased or managed basis. Fortress Investment Group, a $65 billion private equity firm, is the financial backer for Arcis Equity Partners. 

The formation of the management company comes on the heels of two major acquisitions. In October 2014, Arcis Equity Partners recapitalized Eagle Golf and its 29 courses, appointing Arcis Equity Partners CEO Blake Walker, who formerly oversaw acquisitions for ClubCorp, as CEO of the management company, now renamed Arcis Golf. The new management company’s portfolio also includes the 46 golf courses acquired from CNL Lifestyle Properties for $306.5 million last September. 

The Castlegate brand operates exclusive private club and resort-style properties, while the Ironbridge brand will provide management services for private and daily-fee golf operations. 

In a news release Walker said: “We are enthused about the unique portfolio of clubs that we have amassed over the past two years and the operational team that we have assembled to lead Arcis Golf. Arcis Equity Partners remains committed to investing in and expanding both the Arcis Golf portfolio and the talented management team at Arcis Golf.”

Walker will now serve as CEO and Managing Partner of Arcis Equity Partners and Chairman and CEO and Arcis Golf. Former Eagle Golf CEO Joe Munsch serves as president of Arcis Golf.

“In my more than 30 years of serving in an executive capacity across the golf management industry, Arcis Equity’s commitment from both a financial and human capital perspective is unprecedented,” Munsch said in a news release.

Arcis Equity Partners, LLC is a private equity firm dedicated to making equity and debt investments in the real estate and leisure sectors. 

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