M&A Deal Summary

Invited Acquires Eagle s Nest Country Club

On February 8, 2017, Invited acquired leisure company Eagle s Nest Country Club

Acquisition Highlights
  • This is Invited’s 17th transaction in the Leisure sector.
  • This is Invited’s 17th transaction in the United States.
  • This is Invited’s 1st transaction in Maryland.

M&A Deal Summary

Date 2017-02-08
Target Eagle s Nest Country Club
Sector Leisure
Buyer(s) Invited
Deal Type Add-on Acquisition

Target

Eagle s Nest Country Club

Phoenix, Maryland, United States
Eagle's Nest Country Club is a country club that owns, operates and maintains a golf course, tennis court and swimming pool.

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Buyer(S) 1

Buyer

Invited

Irving, Texas, United States

Category Company
Founded 1957
Sector Leisure
Employees20,000
Revenue 1.1B USD (2015)
DESCRIPTION

Invited owns and operates golf, country, business, sports, and alumni clubs. Invited owns or operates a portfolio of over 200 golf and country clubs, business clubs, sports clubs, and alumni clubs in 28 states, the District of Columbia and two foreign countries that serve over 430,000 members, with approximately 20,000 peak-season employees. Invited was founded in 1957 and is based in Irving, Texas.


DEAL STATS #
Overall 17 of 22
Sector: Leisure M&A 17 of 22
Type: Add-on Acquisition M&A Deals 17 of 21
State: Maryland M&A 1 of 2
Country: United States M&A 17 of 22
Year: 2017 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-30 Heritage Golf Club

Hilliard, Ohio, United States

Heritage Golf Club LP is a private country club. Heritage Golf Club features an 18-hole P.B. Dye-designed golf course shaped in the famous Dye tradition of illusion and deception with undulating greens, signature railroad ties and numerous sparkling lakes. Amenities also include a clubhouse offering casual and upscale dining plus private event space that can accommodate up to 250.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-22 Norbeck Country Club

Rockville, Maryland, United States

Norbeck Country Club is a premier member-owned country club. It offers a true old-style championship golf course with tree lined fairways and small greens with the original design by J. Franklin Meehan. Additional amenities include casual and upscale dining, state-of-the-art swimming facility with three swimming pools – heated competition lap pool, resort-style zero entry pool and wading pool – and private event and meeting space that can accommodate up to 200.

Buy -