Golf giant ClubCorp sells to Apollo Global Management in $1.1 billion deal

Apollo Global Management has agreed to buy Dallas-based golf and country club operator ClubCorp for $1.1 billion, ClubCorp announced Sunday in a news release. After the transaction is finalized, ClubCorp will be a privately held company, the release states. “With the support of Apollo, we are confident that ClubCorp will be able to continue building on its success by providing its members with unrivaled experiences at its clubs,” ClubCorp Chairman  John Beckert said in the release. “The company looks forward to working closely with Apollo as it enters the next stage of its growth.” ClubCorp owns and operates over 200 […]

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Source: Community Impact- Round Rock