M&A Deal Summary

Troon Acquires Cliff Drysdale Management

On July 9, 2018, Troon acquired leisure company Cliff Drysdale Management

Acquisition Highlights
  • This is Troon’s 2nd transaction in the Leisure sector.
  • This is Troon’s 3rd transaction in the United States.
  • This is Troon’s 1st transaction in Texas.

M&A Deal Summary
Date 2018-07-09
Target Cliff Drysdale Management
Sector Leisure
Buyer(s) Troon
Deal Type Add-on Acquisition

Target

Cliff Drysdale Management

New Braunfels, Texas, United States
Cliff Drysdale Tennis is a tennis management company. CDM specializes in tennis program development, daily tennis operations and tennis management for resorts, hotels, municipalities, private tennis clubs and communities; design and construction consultation for companies interested in building world-class tennis facilities and unrivaled tennis educational programs, signature events and travel packages. Cliff Drysdale Tennis was founded in 2001 and is based in New Braunfels, Texas.

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Buyer(S) 1

Buyer

Troon

Scottsdale, Arizona, United States
Category Company
Founded 1990
Sector Leisure
DESCRIPTION

Troon is a golf and club-related leisure and hospitality services company, providing a variety of services at 620-plus locations around the globe, including managing 640-plus 18-hole equivalent golf courses. Troon was founded in 1990 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 3 of 6
Sector (Leisure) 2 of 5
Type (Add-on Acquisition) 3 of 6
State (Texas) 1 of 1
Country (United States) 3 of 6
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-07 CaddieMaster

Ponte Vedra Beach, Florida, United States

CaddieMaster is a provider of caddie management services worldwide and currently manages over 2,000 caddies with 100+ managers. CADDIEMASTER provides its caddie management services to many of the most prestigious private clubs and resorts in the United States and abroad. CaddieMaster was established in 1993 and is based in Ponte Vedra Beach, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-04 Indigo Golf Partners

Reston, Virginia, United States

Indigo Golf Partners LLC is a golf course management company owns and operates more than 160 golf courses, country clubs and resorts in 29 states. Indigo Golf Partners is based in Reston, Virginia.

Buy -
Mergr

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