The Membership Firm, proprietor of one of many largest chains of nation golf equipment within the UK, has employed bankers to supervise the sale of the enterprise, which operates 17 websites throughout England.
Epiris, the non-public fairness agency that purchased The Membership Firm in 2018, has appointed funding financial institution DC Advisory to discover a purchaser for the enterprise.
Casual conversations with potential patrons are mentioned to be already underway, though particulars of who’s in operating has not been launched, nor a valuation for the enterprise
The Membership Firm operates 17 golf golf equipment throughout the UK, together with Nizels in Kent, Woodbury Park in Devon, Citadel Royle in Berkshire and Chartham Park in West Sussex, every of which boasts a championship-standard golf course, in addition to well being and health services, bars, eating places and lodging.
The golf equipment have a mixed membership of greater than 40,000, with nearly all of its venues both owned outright by the corporate or on a protracted leasehold foundation.
Since shopping for the corporate six years in the past, Epris has added 4 new golf equipment to its portfolio – Cams Corridor, Excessive Leigh Park, Chesfield Downs and, most just lately, Greetham Valley, which it acquired in Could this 12 months.
The Membership Firm has but to challenge an announcement on the proposed sale.
