Concert Golf Partners, a Portfolio Company of Clearlake Capital, Closes New Strategic Investment from Centroid Investment Partners, Owner of TaylorMade - PR Newswire APAC
Summary
Financial terms of the transaction were not disclosed.Clearlake originally invested in Concert Golf in partnership with the founding management team in April 2022. We look forward to working with Centroid and Clearlake to continue to enhance our offerings for current members and add additional properties to our portfolio. "David Abeles, President and CEO of TaylorMade, added, "It is exciting to see Centroid take a further stake in the growth of our game through their investment in Concert Golf. For more information about Concert Golf Partners, visit www.concertgolfpartners.com.About ClearlakeClearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. Since its inception, Centroid has established a proven track record of strategic buyout transactions in Korea across a diverse set of industries, with its most recent purchases of the South Springs Country Club, Kolon Advance Fiber, and Woongjin Booxen.