Why this CEO is bullish on country clubs — and on the hunt to buy more

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

David Pillsbury is on the hunt for country clubs.

As the CEO of Invited, which was purchased for $1.1 billion by private equity giant Apollo Global Management in 2017 and renamed from ClubCorp in 2022, that’s no surprise.

But Pillsbury, a former professional golf executive and longtime CEO, has a front row seat to an industry undergoing a dramatic shift, as undercapitalized country clubs collapse under the weight of a vicious cycle of repairs and declining membership while popular clubs in coveted areas continue to see unprecedented post-Covid demand.

Click here to read the full story on the Orlando Business Journal’s website.

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