Founders Group International in turmoil

Founders Group International, which manages 22 Myrtle Beach golf courses, has restructured its leadership and is facing a lawsuit from the former president, Nick Dou, alleging financial misconduct against managing partner Dan Liu.

Founders Group was started by Liu, a Chinese investor, and Dou, a New Yorker in 2014. The company acquired three courses from Classic Golf Group for around $10 million in 2014, and 12 courses from National Golf Management in 2015 for $19 million. It acquired other Myrtle Beach courses during that time span to bring its total to 22.

Love to design new UVirginia course

The University of Virginia Foundation has decided to tear out its existing Birdwood Golf Course and build a new course in its place. It also plans to add a short course and a putting course. The foundation has tapped Love Golf Design, the golf course architecture firm founded by Davis Love III and his brother Mark, to design the new course. The firm’s work on the layout is part of a multiyear improvement plan for the Boar’s Head Resort, the UVA golf team’s facilities, and the historic Birdwood Mansion.

ClubCorp acquires Medina CC and partners with Topgolf

ClubCorp continues to acquire clubs to broaden its reach and appeal, and it announced a new partnership with Topgolf.

The largest owner of clubs acquired Medina Golf & Country Club in Medina, Minnesota in June, its first club in Minnesota. With the addition of the formerly member-owned private club, ClubCorp now has clubs in 28 states.

Top leaders from 4 largest U.S. management companies to speak on CEO keynote

Four of the biggest names in the business of golf, representing the four largest golf management companies in the U.S., will headline the CEO keynote at the 2017 Golf Inc. Summit

Dana Garmany, Chairman and CEO of Troon, Steve Skinner, CEO of KemperSports, Peter Hill, Chairman and CEO of Billy Casper Golf and Mark Burnett, COO of ClubCorp will join Golf Inc. Editor in Chief Jack Crittenden for the keynote session.


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