The Club Company, the owner of one of the UK's largest country club chains, has hired bankers to oversee the sale of the business, which operates 17 venues across England.
Private equity firm Epiris, which acquired The Club Company in 2018, has appointed investment bank DC Advisory to find a buyer for the business.
Informal conversations with potential buyers are said to be already underway, but details of the candidates have not been released, nor has a valuation of the business been announced.
The club company operates 17 golf clubs across the UK, including Nizels in Kent, Woodbury Park in Devon, Castle Royle in Berkshire and Chartham Park in West Sussex, each featuring championship-standard golf. pitches as well as health and fitness facilities, bars, restaurants and accommodation.
The clubs have a combined membership of over 40,000 and most of the venues are either directly owned by the company or leased on a long-term basis.
Since acquiring the company six years ago, Epris has added four new clubs to its portfolio – Cams Hall, High Leigh Park, Chesfield Downs and most recently Greetham Valley in May this year.
The club company has yet to make a statement on the proposed sale.
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