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Reading: Personal fairness backer picks bankers to tee up sale of nation membership group
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Michigan Post > Blog > Business > Personal fairness backer picks bankers to tee up sale of nation membership group
Business

Personal fairness backer picks bankers to tee up sale of nation membership group

By Editorial Board Published October 4, 2024 1 Min Read
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Personal fairness backer picks bankers to tee up sale of nation membership group

The proprietor of one in every of Britain’s greatest chains of nation golf equipment has employed bankers to supervise a sale of the enterprise.

Buyout business sources stated that casual conversations with potential consumers have been already underway.

Cash newest: Zuckerberg turns into second-richest particular person for first time

The Membership Firm trades from 17 websites throughout the UK, every of which boasts a championship-standard golf course, in addition to well being and health amenities, bars, eating places and lodging.

It has greater than 40,000 members, with nearly all of its venues both owned outright by the corporate or on a protracted leasehold foundation.

The enterprise is prone to entice curiosity from bigger personal fairness companies, actual estate-focused funds and present commerce gamers.

Epiris’s valuation ambitions have been unclear on Friday.

The agency purchased The Membership Firm in 2018, and has added 4 websites because it took management of the enterprise.

Its areas embrace Chesfield Downs in Hertfordshire, Fortress Royle in Berkshire and Chartham Park in West Sussex.

A spokesman for Epiris declined to remark.

TAGGED:BackerbankersclubcountryequitygroupPicksprivateSaletee
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