M&A Deal Summary

Invited Acquires TPC Piper Glen

On April 30, 2014, Invited acquired leisure company TPC Piper Glen

Acquisition Highlights
  • This is Invited’s 8th transaction in the Leisure sector.
  • This is Invited’s 8th transaction in the United States.
  • This is Invited’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2014-04-30
Target TPC Piper Glen
Sector Leisure
Buyer(s) Invited
Deal Type Add-on Acquisition

Target

TPC Piper Glen

Charlotte, North Carolina, United States
TPC Piper Glen is a golf club. TPC Piper Glen hosts PGA and champions tours, and nationwide tour events.

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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 8 of 22
Sector: Leisure M&A 8 of 22
Type: Add-on Acquisition M&A Deals 8 of 21
State: North Carolina M&A 1 of 1
Country: United States M&A 8 of 22
Year: 2014 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-30 TPC Michigan

Dearborn, Michigan, United States

TPC Michigan is a private golf club. TPC Michigan was established in 1990 and is headquartered in Dearborn, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-30 Canongate Golf Group

Newnan, Georgia, United States

Canongate Golf Group LLC is a golf course ownership and management company.

Buy $265M