M&A Deal Summary

Troon Acquires Indigo Golf Partners

On January 4, 2021, Troon acquired leisure company Indigo Golf Partners

Acquisition Highlights
  • This is Troon’s 3rd transaction in the Leisure sector.
  • This is Troon’s 4th transaction in the United States.
  • This is Troon’s 1st transaction in Virginia.

M&A Deal Summary
Date 2021-01-04
Target Indigo Golf Partners
Sector Leisure
Buyer(s) Troon
Deal Type Add-on Acquisition

Target

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.

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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 4 of 6
Sector (Leisure) 3 of 5
Type (Add-on Acquisition) 4 of 6
State (Virginia) 1 of 1
Country (United States) 4 of 6
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-09 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-27 ClubUp

Charlotte, North Carolina, United States

ClubUp is an operator of a golf technology and service company that currently caters to 65 golf clubs and resorts operating caddie programs domestically and internationally. ClubUp is based in Charlotte, North Carolina.

Buy -
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