Golf News for Monday, October 27, 2014 | Business

Tower Three Partners acquires Georgia's Champions Retreat Golf Club

SAN DIEGO -- Tower Three Partners and its affiliate, Heritage Golf Group, announced the acquisition of Champions Retreat Golf Club in Evans, Georgia. In the pursuit of providing the ultimate experience for members and guests, Champions Retreat Golf Club will be the eighth property to become part of the Tower Three/Heritage Golf Group portfolio of "best-in-class" golf properties.

Champions Retreat Golf Club is the only golf facility in the world with courses designed by Palmer, Nicklaus, and Player. Residing within a secluded enclave inside a gated community, the private club offers three remarkable 9-hole courses sculpted from nearly twelve hundred acres of skyward Georgia pines, long-standing hardwoods, and numerous wetlands along the majestic Savannah River. Known for its natural beauty, these exceptional golf courses, combined with luxury Golf Cottages and exceptional amenities, provide members and their guests with the ultimate private golf retreat.

"It is a privilege to acquire Champions Retreat Golf Club; it is an incredibly rare property that will enable us to create a truly unique experience in a world of unique experiences. With Champions Retreat, our plan is to evolve the private country club experience to the highest level-on the cutting edge of tradition-by honoring the current traditions while enhancing and elevating the member experience to new levels," said Davis Sezna, hospitality aficionado and Managing Partner of Heritage Golf Group.

To deliver on this promise, the Company is expanding the Heritage Golf Group Executive Team, recruiting world-renowned talent, like Alan Weime, to fill the new hospitality-focused position of Corporate Director of Food & Beverage. Weime will be based out of Champions Retreat where he will develop and refine "The Grille House" experience-where outstanding cuisine, an impressive collection of fine wines, and charming ambiance reflect worldly sophistication and true Southern hospitality.

"As our company further expands and elevates its portfolio of "best-in-class" golf properties through strategic acquisitions and capital investments, we are closer and closer to realizing our vision of providing unrivaled golf and uncompromising service," said Bob Husband, Managing Partner of Heritage Golf Group and recently ranked as one of the "Most Powerful People in Golf" (Golf Inc., Fall 2014 Issue). "Champions Retreat Golf Club is an excellent fit with our continued overall growth strategy to invest in distinguished, quality golf properties while building a dream team of Hospitality, Lodging, Food & Beverage, and Golf Ambassadors."

In addition to the exceptional course design and conditioning, creative dining experiences, and a wealth of premier concierge services, Champions Retreat offers specialized, custom-built Golf Cottages (featuring four or eight master suites) for a discerning clientele. The pampered guests who experience the Golf Cottages enjoy the culmination of Southern Charm, hospitality, elegant comfort, custom craftsmanship, privacy, and convenience. The Hayes Town-inspired architecture is set in a hideaway of rich foliage behind the gates of Champions Retreat. With the recent acquisition, Champions Retreat is creating prime, private Golf Cottage plots for corporations and individuals to purchase near the Golf Village. The Golf Village is designed to emulate the simple relaxed lifestyle for which a southern plantation is known, while the Golf Cottages are unique, each with its own charm and personality, providing the perfect end to a day of golf and fine cuisine.

For more information on Champions Retreat luxury Golf Cottages, contact Jami VanSant Shingler, Cottage Director, at 706.854.6999. To inquire about Champions Retreat membership programs, contact Jonathan Pribble, Director of Membership, at 706.854.6962.

ABOUT CHAMPIONS RETREAT GOLF CLUB
Champions Retreat Golf Club (championsretreat.net) is a 27-hole private golf club located just minutes from the golf capital of the world, Augusta, Georgia. This championship golf course brings together, for the first time, three of the greatest names in the game, Arnold Palmer, Jack Nicklaus, and Gary Player. Three great golf legends came together and each set out to design nine signature holes of championship golf on a masterful course to be sculpted from the foundation of nearly twelve hundred faultless acres of skyward Georgia pines, long-standing hardwoods and numerous wetlands along the great Savannah River in an area known as Champions Retreat. They succeeded, as these championship courses, combined with charming amenities like luxury Golf Cottages and a private, natural setting, provide members and their guests a truly unique experience not easily found in the United States today.

ABOUT HERITAGE GOLF GROUP
Heritage Golf Group (heritagegolfgroup.com), established in 1999, is a leading owner and operator of premier private, resort and daily fee golf properties across the United States. The Heritage portfolio represents some of the most well-known and acclaimed golf properties spanning Florida, South Carolina, and Texas. The company, led by Bob Husband and Davis Sezna, Managing Partners, distinguishes itself through its dedication to "Unrivaled Golf, Uncompromising Service, and Unforgettable Experiences" with over 150 years of collective experience as business professionals and golfers. In April 2014, Heritage Golf Group was recapitalized by an investment from Tower Three Partners.

ABOUT TOWER THREE PARTNERS
Tower Three Partners (towerthreepartners.com) is a leading operationally-oriented private equity firm that invests in a concentrated portfolio of U.S.-based middle market companies. With long-term committed capital from major institutional investors and a senior management team that collectively has decades of experience revitalizing businesses, the firm targets equity investments of $50M to $150M that provide a catalyst for growth.

Alongside management, Tower Three Partners prioritizes and implements transformative changes in operations, strategy, growth and/or capital structure to significantly improve business performance. Related to the recapitalization, and operating from a strong financial position, Heritage Golf Group is actively engaged in identifying and acquiring top tier golf properties. Heritage Golf Group is also further upgrading the experience of Members and Guests through improvements across the portfolio.

Contact:
Lauren Thayer (858) 617-6118