Bain Capital Strikes Deal for Clearlake-Owned Concert Golf

Buyout firm Bain Capital is acquiring private golf club operator Concert Golf Partners from Clearlake Capital.

Bain’s private equity and real estate strategies are investing in Concert Golf, which owns and operates 39 locations across the US, according to a statement reviewed by Bloomberg News.

While financial terms weren’t disclosed, people familiar with the matter said the deal values Concert Golf at more than $1.3 billion, including debt. Clearlake is fully exiting its position.

Concert Golf Partners’ The Club at New Seabury.

Source: PR Newsire

Representatives for Clearlake and Bain declined to comment on the valuation.

Clearlake first invested in Lake Mary, Florida-headquartered Concert Golf in 2022. Under ...