Key Takeaways
- • Clearlake Capital has completed its exit from Concert Golf Partners, selling its stake to Bain Capital's combined Private Equity and Real Estate teams; transaction terms were undisclosed.
- • During its three-year investment period (March 2022 to November 2025), Clearlake doubled Concert Golf's revenue and profitability while executing 14 strategic acquisitions to expand the portfolio.
- • Concert Golf operates 39 private golf and country club locations across the United States, offering integrated amenities including golf, fine dining, fitness, banquets, and events from its Lake Mary, Florida headquarters.
- • Clearlake deployed its proprietary O.P.S.® operational framework to drive accelerated growth and transformation, positioning the company as a premier full-service lifestyle platform before the exit.
- • Bain Capital's investment in Concert Golf represents a continuation strategy focused on supporting further growth and long-term value creation under new ownership.
Summary
Clearlake Capital Group has completed its exit from Concert Golf Partners, transferring its investment stake to Bain Capital as of November 17, 2025. The transaction marks the conclusion of Clearlake's three-year ownership period, during which the private equity firm leveraged its sector-focused investment strategy and proprietary operational framework to substantially expand and transform the golf and country club operator.
Concert Golf operates a network of 39 premium private golf and country clubs distributed across the United States. The company, headquartered in Lake Mary, Florida, provides comprehensive member experiences spanning golf operations, fine dining, fitness facilities, banquets, and event hosting. Since Clearlake's initial investment in March 2022, the platform has been significantly scaled through both organic growth and strategic acquisitions, with 14 acquisitions completed during the investment period.
Under Clearlake's ownership, Concert Golf achieved measurable operational improvements and financial growth. The firm doubled both revenue and profitability over the three-year investment horizon while transforming the company into what it describes as a "premier full-service lifestyle platform." José E. Feliciano, Co-Founder and Managing Partner at Clearlake, and Arta Tabaee, Partner and Managing Director, attributed the value creation to Clearlake's "sector-focused flexible investment strategy combined with our O.P.S.® approach," working collaboratively with management to achieve profitable expansion.
Bain Capital's new investment, coordinated across its Private Equity and Real Estate divisions, is positioned to support Concert Golf's continued growth trajectory and long-term strategic objectives. While specific transaction terms were not disclosed, the investment structure reflects Bain Capital's commitment to maintaining momentum in the lifestyle and leisure sector. The transition preserves Concert Golf's management team and operational continuity while providing capital and strategic resources for the next phase of portfolio expansion and operational enhancement.
Concert Golf operates a network of 39 premium private golf and country clubs distributed across the United States. The company, headquartered in Lake Mary, Florida, provides comprehensive member experiences spanning golf operations, fine dining, fitness facilities, banquets, and event hosting. Since Clearlake's initial investment in March 2022, the platform has been significantly scaled through both organic growth and strategic acquisitions, with 14 acquisitions completed during the investment period.
Under Clearlake's ownership, Concert Golf achieved measurable operational improvements and financial growth. The firm doubled both revenue and profitability over the three-year investment horizon while transforming the company into what it describes as a "premier full-service lifestyle platform." José E. Feliciano, Co-Founder and Managing Partner at Clearlake, and Arta Tabaee, Partner and Managing Director, attributed the value creation to Clearlake's "sector-focused flexible investment strategy combined with our O.P.S.® approach," working collaboratively with management to achieve profitable expansion.
Bain Capital's new investment, coordinated across its Private Equity and Real Estate divisions, is positioned to support Concert Golf's continued growth trajectory and long-term strategic objectives. While specific transaction terms were not disclosed, the investment structure reflects Bain Capital's commitment to maintaining momentum in the lifestyle and leisure sector. The transition preserves Concert Golf's management team and operational continuity while providing capital and strategic resources for the next phase of portfolio expansion and operational enhancement.
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