Houlihan Lokey Advises on the Sale of The Club Company
Houlihan Lokey is pleased to announce that Club Company (Group) Limited (The Club Company) has been acquired by Epiris LLP (Epiris). The transaction closed on 17 May 2018.
Established in 1995, The Club Company owns and operates 13 freehold and long leasehold country clubs throughout the UK, combining a traditional golf environment with state-of-the-art health and fitness facilities.
Employing more than 750 permanent staff, The Club Company offers gyms, group fitness studios, swimming pools, wet spas, crèches, health and beauty salons, tennis, championship golf courses, bars, restaurants, and lounges to over 40,000 members. Five of the company's sites also offer overnight accommodation, ranging in size from seven to 61 bedrooms.
Epiris is a leading mid-market private equity firm with a strong track record of success, managing funds on behalf of Electra Private Equity for over 40 years, and growing its net assets from £59 million to £2.2 billion over that period. The firm seeks to build strong partnerships with exceptional management teams and deliver transformational changes through M&A and operational excellence. Epiris is headquartered in London with an additional office in New York.
Houlihan Lokey served as exclusive financial advisor on the sale of The Club Company.