Arcis Golf—the second largest owner and operator of golf facilities in the U.S., surpassed only by fellow Dallas company Invited—has added three more jewels to its increasing prestigious portfolio.
Arcis announced Monday that it had acquired Pacific Life’s golf portfolio, which includes three nationally recognized golf courses: Grayhawk Golf Club in Scottsdale, Arizona; Angel Park Golf Club in Las Vegas, Nevada; and Tijeras Creek Golf Club in Rancho Santa Margarita, California. Terms of the transaction were not disclosed.
The company said this is its 13th club acquisition in less than two years. Since 2019, the company has also purchased Dominion Golf Group’s five private clubs and Mickelson Golf Properties (three resort/daily fee clubs and three private clubs).
In 2014, Arcis acquired 46 properties from CNL Lifestyles Properties.
With its latest three clubs, Arcis Golf now has nearly 70 clubs in its portfolio.
Founder and CEO has been called ‘the Jeff Bezos of the golf industry’
In 2021, Dallas Innovates looked at why Arcis founder and CEO Blake Walker has been called “the Jeff Bezos of the golf industry.”
Yesterday, he said the newest acquisitions make his portfolio even more irreplaceable.
“These complementary additions to our irreplaceable portfolio of clubs strengthens our unique value proposition within each of these markets,” Walker said in a statement. “The respective management teams have done an excellent job of creating a truly differentiated offering for their customers. We are privileged and uniquely positioned to continue our collective positive momentum by implementing our family-centric model.”
Transforming golf clubs into ‘lifestyle hubs’
With the Pacific Life acquisition, Arcis said it continues to be the fastest-growing golf company in the U.S., with private, resort, and daily-fee properties in the nation’s largest metros. The Arcis portfolio includes courses designed by many legendary designers—from Jack Nicklaus to Robert Trent Jones Sr., Arnold Palmer, Tom Fazio, and Coore & Crenshaw.
“Through this rare acquisition opportunity, we continue to transform our portfolio of golf clubs into lifestyle hubs that appeal to the entire family with more choices in all areas of their lives,” Walker added. “We offer the greatest optionality in terms of price point, membership and subscription offerings, course selection, programming, and amenities to address the wide-ranging needs of our diverse consumer base and provide an open and inclusive experience.”
Arcis Golf says it has invested around $100 million in the past four years on property upgrades, new amenities, personnel, training, and systems “to create extraordinary experiences and forge emotional connections with members and guests.”
The company’s honors include a National Golf Foundation citation as one of the 2023 Top 100 Businesses in Golf.
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