Dallas billionaire entrepreneur Tom Dundon has iced a deal to become the majority owner of the Carolina Hurricanes professional hockey team, adding to his growing portfolio of business and sports successes.
The team, which plays at PNC Arena in Raleigh, North Carolina, is in the Metropolitan Division of the Eastern Conference of the National Hockey League.
“The Hurricanes are a team on the rise, and I believe we have an opportunity to take the franchise to the next level,” Dundon said in a statement. “I’m ready to work.”
“There are a lot of great courses in great cities. But we feel pretty confident about what we have, and that it’s going to happen.”
Dundon made most of his fortune when he took Dallas-based auto loan giant Santander Consumer USA public in 2014. The IPO raised $1.8 billion.
He left Santander Consumer USA in July 2015.
The 46-year-old Dundon is chairman and managing partner of Dallas-based private equity firm Dundon Capital Partners, and is the majority owner of EmployerDirect Healthcare, The Dallas Morning News reported. He serves as co-chairman of Dallas-based sports entertainment company Topgolf.
His investment portfolio encompasses the entertainment, health care, real estate, hospitality, technology, automotive, and financial services sectors.
He’s also the main money person behind the new Trinity Forest Golf Club, according to the Morning News. The course in southeast Dallas will become the host of the AT&T Byron Nelson golf championship.
In an interview with Golf Digest, Dundon said he believes the course could someday host one of professional golf’s major championships.
“There are a lot of great courses in great cities,” Dundon said in the interview. “But we feel pretty confident about what we have, and that it’s going to happen.”