ClubCorp acquires seven Toll Golf clubs

CEO David Pillsbury discusses the integration of new clubs into ClubCorp.
  • Dominion Valley Country Club ClubCorp
    Dominion Valley Country Club, Haymarket, Va.

In a deal that took approximately one year to complete, ClubCorp, the Dallas-based largest owner of private courses, has acquired seven premier lifestyle golf clubs in residential communities located on the East Coast from Toll Golf for an undisclosed amount. Toll Golf is the golf and country club division of luxury homebuilder Toll Brothers Inc. This puts the number of country clubs owned by ClubCorp at 185 and at 213 total (city clubs and country clubs).

The Toll Brothers clubs have been highly pursued clubs for a very long time,” said David Pillsbury, ClubCorp CEO. “They are terrific assets and they’ve been very well run for many years so it makes them very attractive.”

This transaction marks Toll Brother’s exit from the club business, according to Pillsbury. “They could have picked anyone in the industry to sell to but they picked us because of our 62 year history and they believe that we are going to deliver on the promise they made to their home buyers.”

Douglas C. Yearley Jr., chairman and chief operating officer of Toll Brothers said. “This is the best fit for these clubs moving forward and a highly advantageous move for the members, whom I know will enjoy their new benefits.”

The seven courses will expand ClubCorp’s presence in four East Coast states. Tom Bennison, ClubCorp chief development officer, said, “Toll Brothers has done an outstanding job investing and reinvesting in their clubs, which are in ideal locations near some of our key markets.”

The clubs, which each offer various lifestyle amenities, include:

- Belmont Country Club in Ashburn, Va. – a private country club offering an 18-hole Arnold Palmer Signature golf course, Golf Academy, 20 acres of practice facilities, dining room, ballroom and banquet facilities, sand volleyball court and tennis courts

- Dominion Valley Country Club in Haymarket, Va. – a private country club offering an 18-hole Arnold Palmer-designed golf course, tennis, indoor basketball court, and Sports Pavilion with fitness facility, playground and three swimming pools

Regency at Dominion Valley Country Club in Haymarket, Va. – a private country club featuring an 18-hole Arnold Palmer Signature golf course

- Brier Creek Country Club in Raleigh, N.C.– a private country club featuring an 18-hole Arnold Palmer Signature golf course, tennis courts, pool with waterslide and kid-friendly splash zone, ballroom and banquet facilities 

- Hasentree in Wake Forest, N.C. – a private club offering an 18-hole Tom Fazio-designed golf course, clubhouse, 13,000-square-foot Family Activity Club, tennis courts, and café

- Jupiter Country Club in Jupiter, Fla. – a private club with an 18-hole Greg Norman Signature golf course, swim and racquet facility, family resort-style pool, tennis courts, and café

- Oak Creek Golf Club in Upper Marlboro, Md. – a public golf club featuring an 18-hole Ault Clark-designed championship golf course and public restaurant

 The acquisition is the latest in a series of moves by ClubCorp as it transforms itself from a golf club company to a lifestyle company. 

“We are an extension of the home and that is what Toll Brothers sold to the residents of these communities,” said Pillsbury. “Our focus is ensuring members experience every aspect of club life at its best — the fun and camaraderie, sports, health and wellness, and enhanced benefits — at the club level, in the community and while traveling around the world. We are now honored to help our newest members achieve the life and lifestyle to which they aspire.” 

Plans are the keep the management teams at the clubs in place. “They’re all coming over to ClubCorp, and the senior executive, Maurice Darbyshire was a former ClubCorp employee so he knows the culture and the DNA of the company,” said Pillsbury. “We really think this is the merging of two organizations that share the same cultural beliefs.” 

Bob Morse, ClubCorp chief operating officer agreed. “After visiting the clubs and meeting the staff at each one, I couldn’t be more excited about the opportunity to begin working with the teams, who share our values and commitment of providing extraordinary experiences to the members.” 

Club members of these seven Toll Golf clubs will have the opportunity to obtain access to ClubCorp’s network of private clubs, services and benefits.

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