The Club Company (“TCC”) operates 15 country clubs predominantly located in central and southern England. With over 40,000 members, the clubs offer a range of facilities, including championship-standard golf courses, state-of-the-art health and fitness facilities, swimming pools and tennis courts, as well as bars, restaurants and accommodation.
We invested in TCC in 2018 with a plan to improve operational effectiveness in the existing estate and to drive investment-led growth, including through M&A.
Since we made our investment, the company has made two add-on acquisitions, of Chesfield Downs Golf and Country Club in May 2019, and of Cams Hall Estate Golf Club in December 2019.