Dallas-based Invited—North America’s leading owner-operator of private golf, country, and city clubs—just trimmed off a bit of its empire.
Invited’s University Stadium Club division has been acquired by the Denver-based Oak View Group, a global leader in live experience venue development, venue management, premium hospitality and 360 venue solutions.
Terms of the deal were not disclosed.
As part of the transaction, Oak View Group will own and operate Stadium Club properties at universities across the U.S., continuing to provide “high-end premium experiences and curated member offerings.”
Management teams and employees will remain in their current roles at all clubs, Oak View said. In addition, Oak View and Invited have entered a long-term strategic partnership focused on enhanced membership benefits and uniquely curated experiences for both Invited and OVG club members.
The Stadium Club properties include:
- Arizona Sands Club (Arizona Stadium – University of Arizona)
- Baylor Club (McLane Stadium – Baylor University)
- Ken Garff University Club (Rice-Eccles Stadium – University of Utah)
- The Texas Tech Club (Jones AT&T Stadium – Texas Tech University)
- University Club of Virginia Tech (Lane Stadium – Virginia Tech)
- The Carolina Club (George Watts Hill Alumni Center – University of North Carolina)
“Invited’s University Stadium Club division has been a source of great pride for the company and through the years we’ve cherished the opportunity to provide an exceptional experience for our members, their families and friends,” Invited CEO David Pillsbury said in a statement. “After many discussions and to ensure a strong and viable future, we’ve decided to sell the stadium club line of business to Oak View Group. Together, we’ll ensure a seamless transition and Invited will stay involved by partnering on offerings in the future.”
The Stadium Clubs sale is just the latest move Invited has made recently. In November, Invited got out of the golf entertainment venue game by selling its BigShots Golf business for around $29 million to California-based Topgolf Callaway Brands.
Invited—formerly known as ClubCorp—was founded way back in 1957. For more about the company and Pillsbury’s leadership, read Dallas Innovates’ 2021 profile story.
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