Friday, 15 January 2021 / Published in Articles, Press Releases

 

Click on the article to read the entire piece in Club & Resort Business

 

 

 

 

 

Thursday, 12 November 2020 / Published in Press Releases
Cowboys Golf Club

COWBOYS GOLF CLUB RETAINS #1 SPOT IN METROPLEX

DALLAS, Texas (Nov. 12, 2020) – Arcis Golf’s portfolio of 9 public courses in the Dallas-Fort Worth metro area has been recognized for excellence by AVIDGOLFER Magazine in its annual “Best of Public Golf” edition. The accolades came both regionally and in numerous specialty categories.

Cowboys Golf Club, the first and only NFL-themed golf club in the world, retained its position as the Best Overall Golf Club in the Dallas Fort Worth Metroplex. Cowboys Golf Club, wrote the editors, “continues to stay at the forefront of overall great conditions, great amenities and keeping its players coming back time and time again.” They added, “The course always lives up to expectations with a great collection of scorable holes and some holes that will challenge every aspect of your game.” 

Acknowledging the quality of other amenities important to Arcis Golf, the editors noted, “the food and beverage programs are second to none, and the clubhouse will blow you away with a stupendous bar area and Cowboys memorabilia that will have the football fan taking notice.”

Other Arcis Golf courses ranked among the top on Dallas-Fort Worth’s west side were The Golf Club Fossil Creek (#11) and Bear Creek Golf Club (#12). Bear Creek Golf Club’s second course—the East Course—and Mansfield National Golf Club were cited for honorable mention.  On the east side, Lake Park Golf Club, Plantation Golf Club, and The Golf Club at Twin Creeks received honorable mentions.

In the specialty categories, nine Arcis Golf properties earned top honors in a variety of categories:

o   Most Anticipated New Food: Pizza Oven at Cowboys Golf Club

o   Most Underrated View: #7 Hole on Lake Park Golf Club

o   Best Place To Hold A Large Event (Post Covid): Bear Creek Golf Club

o   Best New Bridge: The Golf Club at Twin Creeks

o   Both Courses Are Open And Worth The Trip: White Bluff Resort

o   Best Place To Find A Closeout Deal: Lake Park Executive Course

o   Most Beloved: The Golf Club Fossil Creek

o   Best New Innovative Outdoor Food Service: Bear Creek Golf Club

o   Best Place To Be Under Par Through 4: Mansfield National Golf Club

“We’re grateful to have so many clubs in our headquarters’ region included among the best in this golf-rich town,” said Blake Walker, Founder and CEO, Arcis Golf.

Iron Horse Golf Course, which is managed by Arcis Golf for the city of North Richland Hills, reopened this past summer following a renovation of the golf course, bunkers, and infrastructure, and was not rated this year but will be reviewed in 2021 after a year of grow-in.

Arcis Golf has skyrocketed in under six years from a small start-up to the second-largest owner and operator of private, resort, and daily-fee clubs in the United States. The current Arcis Golf portfolio features 60 clubs and golf courses, with 5,000 employees in 13 states, positioned in or near major metropolitan areas from coast to coast. Since its formation, the company has invested more than $60 million in upgrades, amenities, personnel, training, and systems to maximize the growth and future success of its clubs.  Arcis Golf also recently received a substantial investment from Atairos, an independent private company focused on supporting growth-oriented businesses. Fortress Investment Group LLC (“Fortress”) will also continue to maintain a significant ownership stake in the company.

  An industry leader in providing inventive direction and unrivaled lifestyle amenities complementing exceptional playing conditions, Arcis Golf focuses its resources on creating extraordinary experiences and forging emotional connections with members and guests.  Atairos and Fortress plan to support Arcis Golf’s expansion around the country, as well as management’s continued enhancements of the company’s award-winning amenities.

The company has received numerous other honors, including named by SMU Caruth Institute Dallas 100™ as the second fastest growing company in the DFW-area (2016), ranking on Inc. Magazine 5000 list of the nation’s fastest-growing companies (2017, 2018) and a National Golf Foundation “Top 100 Businesses in Golf” (2018, 2020).

For more about Arcis Golf, visit www.arcisgolf.com.

To read AVIDGOLFER Magazine’s complete “Best of Public Golf” cover story visit www.myavidgolfer.com

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About Arcis

Arcis Golf is the premier operator of public and private golf clubs in the United States and an industry leader, providing dynamic direction and unrivaled amenities that complement diverse playing experiences. Arcis Golf properties enhance the golf and country club lifestyle to a level of excellence designed to exceed the needs and expectations of family, friends, co-workers, and guests of all ages. Location: 13727 Noel Road, Ste. 1000, Dallas, TX 75240. Phone: (214) 722-6000. Website: www.arcisgolf.com

Karen Moraghan

Hunter Public Relations

kmoraghan@hunter-pr.com

(908) 963-6013

Monday, 02 November 2020 / Published in Articles, Press Releases
Dallas Business Journal Article

By Catherine Leffert – Staff Writer, Dallas Business Journal

Arcis Golf, the second-largest owner and operator of courses in the U.S., announced last week it has entered an investment partnership with Atairos, a firm that will acquire a substantial ownership position in the company.

Arcis CEO Blake Walker said he’ll continue to run the company, but will work closely with Atairos and previous central financial backers Fortress Investment Group, who will maintain a “significant” ownership in the company.

Walker declined to share how much stake Atairos will hold in Arcis, but the investment firm will have two representatives on the Arcis board, of which Walker serves as chair. Two representatives from Fortress Investment Group will also serve on the board.

Arcis began as a startup six years ago, and has grown to operate more than 60 private and public golf clubs and resorts across 13 states, and employs more than 5,000 people. Atairos is “focused on supporting growth-oriented businesses,” according to its website.

Walker emphasized that with this partnership, Arcis will remain hyper- focused on its four pillars — health and wellness, experiential dining, lifetime sports and arts and entertainment.

The Dallas Business Journal spoke with Walker about the latest infusion of capital, and his plans for the company:

How did this investment come to be with Atairos?

I founded Arcis about six years ago and we created a startup. In the past six years, my financial partners have been Fortress Investment Group and they’ve been a phenomenal partner and, quite frankly, to seed me as a startup, took a risk on this platform that I’m certainly very grateful for. We got to a point and in terms of size and scope that we began thinking about other strategic partners.

At Atairos, the principles there have significant experience in golf and content creation, media and leisure. It was an excellent opportunity to partner with them. We look at the next five or 10 years of this platform because we’re in a very different cycle now. We’ve gone from zero dollars in revenue to the second-largest owner and operator of golf courses. For us, to look at a more diversified platform or lifestyle centric going forward, it makes sense to bring in a partner like Atairos as well.

What do you hope to come of this investment?

I fully expect us to grow both organically and inorganically and double in size over the next five years.

How has Arcis been throughout the past seven or eight months with COVID-19?

We’ve actually become more efficient in times like this. Things happen in real-time on a daily basis as it relates to the consumer. Our ability to proactively address issues more quickly from an infrastructure standpoint, from a virtual content standpoint our content has become appreciably better. The way we service our customers is obviously different in this environment.

This interview is edited for brevity and clarity.

 

Tuesday, 20 October 2020 / Published in Press Releases
Press Release

-Supports Growth of Leading Operator of Golf Clubs in the U.S.
-Fortress Investment Group Maintains Significant Ownership Stake in Arcis Golf-

DALLAS, Texas (October 20, 2020) Arcis Golf, the premier operator of public and private golf clubs in the U.S., announced today that Atairos, an independent private company focused on supporting growth-oriented businesses, will acquire a substantial ownership position in the company. Atairos plans to support Arcis Golf’s expansion around the country, as well as management’s continued enhancements of the company’s award-winning member amenities. Funds managed by affiliates of Fortress Investment Group LLC (“Fortress”) will maintain a significant ownership stake in the company.

“We’re very excited to welcome Atairos as a new partner,” said Blake Walker, Founder and CEO of Arcis Golf. “This investment will accelerate our vision for Arcis Golf—allowing us to expand our premier offering to more clubs around the country. I’m equally pleased that Fortress Investment Group will remain an investor. They have been a vital contributor to our growth and success over the past several years.”

Six years ago, Arcis was a small start-up. Today, with nearly 60 private, resort, and daily-fee golf clubs in 13 states and more than 5,000 employees, Arcis Golf is building a lifestyle company that reaches far beyond golf. In the past three years, Arcis Golf has invested more than $60 million across its portfolio in property upgrades, new amenities, personnel, training, and systems to maximize growth and future success.

“Arcis Golf is an innovator and one of the most distinguished names in the golf industry,” said Rachael Wagner, a Managing Director at Atairos. “The company is reinventing the golf club experience by tailoring its amenities to contemporary consumer lifestyles, while hiring best-in-class talent and creating family-friendly signature experiences. We are excited to partner with the Arcis Golf management team, and we look forward to supporting them to achieve our shared goals.”

“The management team of Arcis Golf has demonstrated strong leadership in executing a disciplined growth strategy over the past several years,” said Suvin Malik, Managing Director in the Fortress Credit Funds business. “We look forward to working with Atairos and Arcis Golf management as the company takes this next step forward.”

Fortress has been the central financial backer of Arcis Golf since 2013, overseeing a period of growth and expansion through new course acquisitions and organic growth.

Arcis Golf’s management team, led by Founder and CEO Blake Walker, will continue to run the company and execute its proven strategy.

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About Arcis

Arcis Golf is the premier operator of public and private golf clubs in the United States and an industry leader, providing dynamic direction and unrivaled amenities that complement diverse playing experiences. Arcis Golf properties enhance the golf and country club lifestyle to a level of excellence designed to exceed the needs and expectations of family, friends, co-workers, and guests of all ages. Location: 13727 Noel Road, Ste. 1000, Dallas, TX 75240. Phone: (214) 722-6000. Website: www.arcisgolf.com

 About Atairos
Atairos is an independent, private company focused on supporting growth-oriented businesses across a wide range of industries. Atairos provides a unique combination of active strategic partnership and patient long-term capital to high-potential companies and their management teams. Atairos was launched in 2016 and has in excess of $5 billion of equity capital. Atairos has offices in New York City, Philadelphia, and London. For more information, please visit www.atairos.com

About Fortress

Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $45.5 billion(1) of assets under management as of June 30, 2020. Founded in 1998, Fortress manages assets on behalf of approximately 1,900 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. For more information regarding Fortress Investment Group LLC please visit www.fortress.com.

 

MEDIA CONTACTS:

 

Arcis Golf

Karen Moraghan

Hunter Public Relations

kmoraghan@hunter-pr.com

908/963-6013

 

Atairos

Jared Levy/Ben Spicehandler

Sard Verbinnen & Co

Atairos-SVC@sardverb.com

 

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