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.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 -
Mergr

Product

Company

Legal