ClubCorp

History

The company was founded by the late Robert H. Dedman, Sr. (1926-2002) as Country Club, Inc., later renamed ClubCorp. His son, Robert H. Dedman, Jr., became president in 1989 and CEO in 1998. His daughter, Patty Dedman Dietz, was previously on its board of directors. In 2002, its CEO was John A. Beckert. Private equity firm KSL Capital Partners bought the company in 2006. ClubCorp Holdings, Inc. went public in 2013 and was traded on the New York Stock Exchange under the symbol MYCC until 2017 when the company was acquired by Apollo Global Management.

Eric L. Affeldt is a former CEO of the company. Golf magazine named him the most powerful person in golf in 2010 and 2014.

In 1981, ClubCorp acquired Firestone Country Club in Akron, OH, and in 1984, bought golf courses, hotels, etc, in Pinehurst, North Carolina. ClubCorp also bought the Mission Hills Country Club, Indian Wells Country Club, Gleneagles Country Club, Stonebriar Country Club, and the Las Colinas Country Club. Others include The Homestead in 1993, Barton Creek, Austin, Texas and Daufuskie Island. In 1998, ClubCorp entered into an agreement for Golden Bear International, Jack Nicklaus's company, to design 36 new golf courses, co-owned and operated by ClubCorp.

ClubCorp hired David Pillsbury as the new CEO in June 2018

''Private Clubs magazine''

In 1986, ClubCorp began publishing its own travel and lifestyle magazine, Private Clubs. The magazine was an award winner in one of the contests in the magazine industry, the FOLIO: Awards. By 2020, Private Clubs had transitioned into a digital-only publication and changed its name to ClubLife.

References

References

1. (2022-04-22). "Massive course owner and operator ClubCorp announces company rebrand to Invited".
2. "ClubCorp Announces Agreement to Acquire a Collection of Six Golf Clubs". prnewswire.com.
3. (2002-08-21). "Robert Dedman, 76, Dallas Philanthropist". The New York Times.
4. [http://www.bizjournals.com/dallas/stories/2002/08/19/daily16.html?page=all Businessman Robert H. Dedman Sr. dies], ''[[Dallas Business Journal]]'', August 20, 2002
5. Alan Shipnuck, [https://web.archive.org/web/20140222061704/http://sportsillustrated.cnn.com/vault/article/magazine/MAG1016181/index.htm The Prince Of Pinehurst], ''[[Sports Illustrated]]'', June 14, 1999
6. Glenn Hunter, [http://www.dmagazine.com/Home/2008/03/05/ClubCorps_Extreme_Makeover.aspx ClubCorp’s Extreme Makeover] {{webarchive. link. (2013-07-09 , ''[[D Magazine). D CEO]]'', 3.12.2008
7. "Apollo Spends $1.1 Billion to Make Golf Great Again".
8. Picker, Leslie. (20 September 2013). "ClubCorp Raises $252 Million Pricing IPO Below Marketed Range".
9. "Clubcorp, Inc.: Private Company Information - BusinessWeek".
10. "Official website, Executive Leadership".
11. (3 November 2010). "ClubCorp Claims Most Powerful Honor in Golf Inc.' Annual Ranking". Golf Inc. Magazine.
12. "You probably don't know who the most powerful person in golf is (sorry Donald, it's not you) {{!}} Golf Digest".
13. (12 June 2018). "Pillsbury is new CEO of ClubCorp, Burnett to leave | Golf Inc. Magazine".
14. "Private Clubs Magazine Wins Four FOLIO: Awards For Content And Design Excellence". The Street.
15. "CLUBCORP CLUB MEMBER GOLF MAGAZINE FAQ".