Heritage Golf Group, a course owner and operator with clubs in several states, announced this week it has expanded its reach with the acquisition of two more clubs: Stanton Ridge Golf & Country Club in Hunterdon County, New Jersey, and Boulder Ridge Country Club near Chicago.
With financial backing from KSL Capital, Heritage Golf Group now owns and operates 11 clubs total in New Jersey, Illinois, New York, Virginia, South Carolina, Florida and Wisconsin. Some of the better-known clubs in the group’s portfolio include TPC Tampa Bay and TPC Estancia.
Stanton Ridge Golf & Country Club features a layout by Stephen Kay about 40 miles west of Newark, New Jersey. Heritage said in a media release announcing the purchase that it is reviewing several possible upgrades to club amenities.
“With its location in a family-oriented suburban market and an outstanding golf course, clubhouse and residential community, Stanton Ridge Golf & Country Club is a welcome addition to our expanding portfolio of clubs,” Mark Burnett, Heritage Golf Group’s CEO and president, said in the media release. “This club represents our third acquisition in the New York and New Jersey metropolitan area over the past three months (alongside Shackamaxon Country Club in Union County, New Jersey, and Knollwood Country Club in Westchester County, New York).”
Boulder Ridge features 27 holes designed by Lohmann Golf Designs with former PGA Tour player Fuzzy Zoeller as a consultant. As with Stanton Ridge, Heritage Golf Group plans improvements for the course, clubhouse, pool complex and outdoor areas.
“We are very excited to add Boulder Ridge Country Club to our portfolio of private clubs,” Burnett said. “This will be our first club in the Chicago suburban market – a traditional family-centric club, located in a growing residential community, that offers a wide range of amenities including 27 holes of championship golf. We look forward to creating an environment that reflects what current and prospective members want from a private club experience.”
original article link https://golfweek.usatoday.com/2021/04/15/golf-business-heritage-courses-new-jersey-illinois/